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VENEZUELAN OIL PROCESSING
From Venezuela to Texas to Jamnagar: Marco Rubio’s dash for energyUS Secretary of State Marco Rubio is encouraging Reliance Industries to process more Venezuelan crude. His visit includes discussions with ...- Rubio says US to discuss Venezuelan oil production with Ambani's Reliance IndustriesUS Secretary of State Marco Rubio is currently in Mumbai to discuss cooperation with India in various sectors. Topics will include trade, e...
- In second visit within months, Rubio calls on India to scale up US energy and defence buysIndia and the US are actively working to expand energy and defence cooperation amidst existing tensions. US Secretary of State Marco Rubio ...
- India has made substantial progress in diversifying oil imports, Rubio saysMarco Rubio highlighted India's advancements in energy diversification, particularly reducing dependence on Russian oil. During his Mumbai ...
- Reliance could earn up to Rs 12,600 crore EBITDA from cheap Venezuelan crude. What investors should knowReliance Industries could benefit from renewed access to discounted Venezuelan crude, which may boost refining margins at its Jamnagar comp...
- MP & former FS Shringla highlights significance of Russian oil supplies in interests of India’s 1.4 billion people & keeping global energy prices under controlHarsh Vardhan Shringla has defended India’s Russian oil imports, warning that stopping purchases could push up global energy prices and und...
- Ambani's Reliance drives India’s Venezuela oil imports to seven-year highIndia is expecting to significantly increase its imports of Venezuelan oil this month due to appealing discounts. Venezuelan crude deliveri...
- UN General Assembly: Iran talks, Ukraine ceasefire and AI among key takeawaysWorld leaders gathered at the United Nations to discuss ongoing conflicts in Iran and Ukraine. Diplomatic talks between US and Iranian offi...
- Trump says Witkoff, Kushner met Iranian officials, shortly after warning he may 'annihilate' IranUS President Donald Trump met with Iranian officials while attending the UN General Assembly to address ongoing tensions. This engagement f...
- What America’s $100 billion Venezuela oil investment could mean for climate change, oil spills and vulnerable communitiesA significant United States investment in Venezuela's oil sector raises environmental concerns. Increased oil production could worsen exist...
- White House weighs how to use Defense Production Act to expand US oil refining capacity, sources sayThe White House is exploring using the Defense Production Act to boost oil refining capacity. This consideration follows President Trump's ...
- Trump forecasts oil below $2 a gallon after US ‘victory’ over IranPresident Trump forecasts oil prices will fall significantly after a US victory in the Iran conflict. He stated that gas prices could drop ...
- US structured Venezuela oil position to protect it from dilution, official saysThe US government secured a 35% stake in a Venezuelan oil venture. This stake was structured as warrants to protect against capital raises....
- US energy chief rejects ‘stealing Venezuelan oil’ claims as Washington takes control of vast reservesUS Energy Secretary Chris Wright denied claims of stealing Venezuelan oil. He stated private companies bring money and technology to develo...
- 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...
- Trump to replenish US oil reserves with Venezuelan crude; 'topping out' process to begin shortlyDonald Trump announced plans to refill the Strategic Petroleum Reserve. He stated Venezuelan oil would be used for this replenishment effor...
- Bitumen deficit bridged, but price problem persists; India's roads set to face a real test this winterAs prices of bitumen continue to be on the higher side, road construction companies are watching the winter construction season closely. Ev...
- OIL Green Energy signs MoUs with Haryana for 5,000 TPD waste-to-clean-energy projectsOil India Limited's subsidiary signed MoUs with four Haryana municipalities. These agreements aim to develop integrated Compressed Biogas a...
- 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...
- 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...
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