Searched for
VENEZUELAN CRUDE PRODUCTION
US energy chief says Venezuela oil output to more than double in next few yearsUS Energy Secretary Chris Wright said oil deals expected to be signed in Caracas could more than double Venezuela’s crude production within...
Trump's oil deal with Venezuela raises red flags for some major producers, sources sayA proposed US deal granting North American Blue Energy Partners a 100-year lease over 17 Venezuelan oilfields is raising concerns among maj...
Firms including Chevron, ONGC, GE Vernova on track to sign final pacts in Venezuela, sources sayInternational energy giants are on the brink of finalizing key agreements for projects in Venezuela, which may be signed within the week. F...
Venezuela's interim president says US energy deal will last 25 yearsVenezuela's interim president announced a historic 25-year energy accord with the United States. This agreement targets increasing crude ou...
Trump says US inked deal with Venezuela to take control of 65 billion barrels of oil reservesThe United States has reached an agreement with Venezuela concerning oil reserves. This deal involves taking control of sixty-five billion ...
What we know about Trump's deal giving US access to vast oil reserves in VenezuelaThe United States and Venezuela have announced a significant oil deal. This agreement grants America a stake in Venezuela's vast oil reserv...
Trump administration weighs US ownership stake in Venezuela’s vast oil reserves: ReportThe Trump administration is discussing a potential US ownership stake in Venezuela’s oil industry, Axios reported, covering more than a doz...
India pivots to US for LPG, LNG as West Asia crisis disrupts Gulf suppliesIndia is sharply increasing LPG and LNG imports from the United States as West Asia disruptions constrain traditional Gulf supplies. US LPG...
Conflict-hit oil supply crisis deepens as nearly half of global output comes from affected countriesNearly half of the world’s oil supply now comes from countries affected by conflict, highlighting the growing vulnerability of global energ...
Rust, power cuts and delays: Inside Venezuela’s oil export crisisVenezuela's oil exports face significant delays due to ageing port infrastructure. Tankers wait up to thirty days for loading, slowing oper...
India reworks oil map with Venezuela as Hormuz battlefield keeps Gulf flows in doubtIndia is increasing crude oil imports from Venezuela and Latin America. This diversification aims to secure supplies amid Middle East disru...
ONGC gets US licence to resume full Venezuela operations, eyes operatorshipONGC has received a US Treasury license to resume full operations in Venezuela. This approval removes sanctions-related risks, allowing exp...
Big bets, bigger risks: Why US oil majors are holding back in VenezuelaUS oil companies and Venezuela's government face stalled negotiations over key oil assets. Companies seek fiscal guarantees and access to a...
Indo-Pacific, the new Gulf: Geopolitics joins petronomics to infuse the region with new energyThe Indo-Pacific region is becoming a central energy hub as the US shifts focus from West Asian oil due to ongoing regional tensions and fl...
Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Cargo ship attack near Oman lifts crude pricesWhy are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Oil prices gained more than 2% after a ca...
ONGC in talks to acquire PDVSA stakes in two Venezuela oilfieldsIndia's ONGC is in talks with Venezuela's PDVSA to acquire stakes in two oilfields, San Cristobal and Carabobo. This move hinges on ONGC se...
Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
ONGC's overseas arm set to revive Venezuela operationsONGC Videsh Ltd (OVL) had acquired assets overseas as part of increasing the state-run oil producer's crude output. The move to revive OVL ...
US refiner Valero to import up to 6.5 million barrels of Venezuelan crude in March, sources sayValero Energy plans to import significant Venezuelan crude oil in March. This move could position Valero as the leading foreign refiner of ...
Reliance secures US licence to import Venezuelan oil, boosting refining marginsReliance Industries has secured a US general license to import Venezuelan crude oil directly. This allows India's largest private refiner t...