US considers removing sanctions on some shadow fleet vessels to cut freight rates, official saysDiscussions are ongoing regarding potential sanctions relief on shadow fleet vessels transporting legal oil and products. Companies would n...
16 Oct, 2026, 07.54 AM IST
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...
13 Oct, 2026, 03.31 PM IST
India needs integrated energy storage policy to build resilience against geopolitical shocks: S&P GlobalGauri Jauhar emphasizes the importance of energy resilience for India's future energy security and storage policies. An integrated framewor...
02 Oct, 2026, 10.07 AM IST
India's Russian crude imports fall to five-month low as refiners diversify suppliesIndia's crude oil landscape shifted in September as imports from Russia plummeted to their lowest since April, prompting refiners to seek a...
28 Sep, 2026, 04.37 PM IST
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...
17 Sep, 2026, 01.19 AM IST
Why Canada? America's northern neighbor seems an unlikely target for a trade warUnited States President Donald Trump has imposed tariffs on Canadian goods. Canada retaliated with its own tariffs, escalating the trade di...
12 Sep, 2026, 05.50 PM IST
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 ...
11 Sep, 2026, 10.16 PM IST
US seeks more access to Venezuela's mineral wealth after tapping its oil, sources sayThe Trump administration seeks increased access to Venezuela's mineral wealth. This effort aims to secure critical minerals for national se...
08 Sep, 2026, 05.06 PM IST
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 ...
08 Sep, 2026, 06.58 AM IST
The Venezuelan billionaire the US investigated for money laundering now has a Pentagon oil dealBillionaire Alejandro Betancourt, once investigated by US authorities over alleged money laundering linked to Venezuelan state oil firm PDV...
06 Sep, 2026, 02.32 PM IST
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....
05 Sep, 2026, 08.34 AM IST
Chevron expands Venezuela presence with $7 billion plan to double oil output in five yearsChevron shares rose 0.51% to $212.13 on Wednesday as the oil major announced plans to invest more than $7 billion in Venezuela. The company...
03 Sep, 2026, 12.38 AM IST
US oil firm to take over some Venezuelan oilfields previously run by Chinese, Russian companies, officials sayNorth American Blue Energy Partners will acquire Venezuelan oilfields from Chinese and Russian companies. This move follows a significant o...
02 Sep, 2026, 06.34 PM IST
ONGC Videsh eyes Venezuela oil assets after US green lightAn Indian investment team is reviewing Venezuelan oil assets after receiving US government approval. This visit marks the first such trip i...
02 Sep, 2026, 01.48 PM IST
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...
02 Sep, 2026, 08.53 AM IST
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...
01 Sep, 2026, 11.36 AM IST
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...
31 Aug, 2026, 08.09 PM IST