Occidental, Indian Oil Imports, SM Energy Asset Sale: Your Daily Energy News

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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

CRUDE OIL
Occidental Pumps More Barrels, but Sees Lower Realized Oil Prices in Fourth Quarter - Occidental's average global production was 1.48 million barrels of oil equivalent per day (MMboe/d) in fourth-quarter 2025, slightly higher than the 1.46 MMboepd it produced a year earlier. Meanwhile, realized oil prices fell to $59.22 per barrel in the October-December period, down from $69.73 a year earlier. (Reuters)

Russia's Share of India's Oil Imports Declines - Russian crude oil shipments in January made up the smallest portion of India's oil imports since late 2022, according to data from industry sources, while Middle Eastern supplies rose to their highest share last month. India imported about 1.1 million barrels per day of Russian crude last month, the lowest since November 2022, with Moscow's share in overall oil imports declining to 21.2%, the smallest share since October 2022, according to the data. January imports from Russia fell by 23.5% from December and by about a third compared to a year earlier, the data showed. (Reuters)

PRODUCTION
SM Energy to Sell Some Texas Assets to Caturus - U.S. oil and gas producer SM Energy said on Wednesday it would sell select assets in South Texas to Caturus Energy for $950 million in cash to reduce debt and bolster its capital structure. The sale helps accomplish one of SM Energy's key priorities of selling more than $1 billion in assets, aimed at reining in costs and improving financial flexibility, Chief Executive Officer Beth McDonald said. (Reuters)

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About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the commodity-trading community. We are the number one source for information about power plant outages, refinery turnarounds and midstream natural gas disruptions.

About Industrial Info Resources
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).