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VENEZUELA OIL REFORM
ONGC rebrands itself as ‘gas and oil’ firm as natural gas output overtakes crudeState-run ONGC is shifting its focus, now prioritizing natural gas over crude oil. Chairman Arun Kumar Singh announced that gas production ...
Cuba unveils historic package of free-market reformsIn a landmark speech to National Assembly, Prime Minister Manuel Marrero detailed 176 measures aimed at rolling back the state's role in th...
Indian companies willing to deepen presence in Venezuela, says Minister Hardeep Singh PuriIndia is looking to deepen its energy partnership with Venezuela, with Indian companies expressing readiness to expand their presence. This...
ONGC bets on gas-led growth as premium pricing boosts profitabilityONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantl...
The risk of the Iran war restarting is irrationally highThe US and Iran are locked in a dangerous standoff, fueled by mutual miscalculations and overconfidence. Ancient Greek concepts of error an...
Peak oil price likely to come 'in next few weeks,' US Energy secretary saysOil prices are likely to peak in the coming weeks as shipping traffic gradually resumes through the Strait of Hormuz, US Energy Secretary C...
Chevron, Shell to sign agreements for oil, gas areas in Venezuela, sources sayChevron is set to sign agreements to return a gas field in Venezuela and expand operations in the Orinoco heavy crude belt, while Shell pre...
Venezuela's ex-President Nicolas Maduro thanks supporters in first online post from US prisonFormer Venezuelan president Nicolas Maduro and his wife Cilia Flores have sent their first message from a Brooklyn jail. Captured by US for...
Venezuela interim president names new oil ministerVenezuela's interim president Delcy Rodriguez on Wednesday appointed a new minister of hydrocarbons, a key position in the oil-rich nation ...
US Energy Secretary Chris Wright set to visit Venezuela for first high-level oil talks in nearly 30 yearsUnited States Energy Secretary Chris Wright is in Venezuela this week. This marks a significant visit focused on the nation's oil industry....
US soon to issue general license for oil production in Venezuela: ReportThe U.S. government is preparing to issue a general license this week, allowing companies to produce oil and gas in Venezuela. This move ai...
US eases Venezuela sanctions after oil sector reformsAmerica has eased sanctions on Venezuela's oil sector. This follows reforms allowing American companies to re-enter the industry. Venezuela...
US issues license for oil companies to operate in VenezuelaThe Trump administration has eased sanctions on Venezuela. A new license allows US oil companies to export, sell, store, and refine Venezue...
Sweeping oil reform in Venezuela approved, operators expected to gain autonomyVenezuela's lawmakers have approved a major oil law reform. This move aims to boost oil and gas production and attract foreign investment. ...
Venezuela eyes 2026 oil boost, interim leader calls for opposition talksVenezuela aims to increase oil output significantly this year. New reforms will allow private companies to invest in the nation's oil secto...
Exxon Mobil still interested in Venezuela visit despite Trump rebukeExxon, ConocoPhillips and Chevron were key partners of Venezuela's state oil company, PDVSA, before former President Hugo Chavez nationaliz...
Trump pitches Venezuela oil revival to majors, firms stay waryUS President Donald Trump met with top oil executives to discuss investing in Venezuela's oil sector. Trump suggested the country is now se...
Venezuela shock won’t spike oil prices soon; dollar still king, says Invesco’s Arnab DasUS action in Venezuela may not trigger sharp oil price moves anytime soon, says Invesco’s Arnab Das. Rebuilding Venezuela’s oil sector will...
US oil stocks gain after Trump signals access to Venezuela reservesU.S. oil companies' shares jumped on Monday, fueled by the prospect of access to Venezuela's vast oil reserves after President Donald Trump...
Trump axes Chevron's Venezuela oil license, citing lack of electoral reformsU.S. President Donald Trump announced the reversal of a license granted to Chevron to operate in Venezuela, citing President Nicolas Maduro...