Venezuela's interim president announced a historic 25-year energy accord with the United States. This agreement targets increasing crude ou...

The US government plans a 35% passive stake in Alejandro Betancourt's energy company. It also seeks preferential rights to purchase 20% of ...

Venezuela and the United States have finalized a significant oil deal. This agreement aims to revitalize the nation's struggling petroleum ...

Iraq's Kurdistan region announced that oil production is back up and running, reaching 230,000 barrels per day. This comes after a period o...

On Friday, oil prices dipped, driven by signals from the Federal Reserve and circulating rumors regarding the Strait of Hormuz. Market trad...

The United States has reached an agreement with Venezuela concerning oil reserves. This deal involves taking control of sixty-five billion ...

Gulf nations are investing billions in infrastructure to bypass the Strait of Hormuz. Ports, pipelines, and railways are top priorities as ...

The Trump administration is discussing a potential US ownership stake in Venezuela’s oil industry, Axios reported, covering more than a doz...

Artificial intelligence could unlock approximately USD 230 billion in annual value across the global upstream oil and gas sector as the tec...

Global oil prices are experiencing fluctuations as geopolitical tensions persist. The aspirations for a quick resolution of these conflicts...

Maiquetia International Airport will resume commercial flights on September 1. The airport was damaged by twin earthquakes which killed tho...

ONGC plans a $200 million investment to revive Venezuela's San Cristobal oilfield. The company secured a US license for continued operation...

India is sharply increasing LPG and LNG imports from the United States as West Asia disruptions constrain traditional Gulf supplies. US LPG...

Nearly half of the world’s oil supply now comes from countries affected by conflict, highlighting the growing vulnerability of global energ...

Venezuela's oil exports face significant delays due to ageing port infrastructure. Tankers wait up to thirty days for loading, slowing oper...

India is increasing crude oil imports from Venezuela and Latin America. This diversification aims to secure supplies amid Middle East disru...

ONGC has received a US Treasury license to resume full operations in Venezuela. This approval removes sanctions-related risks, allowing exp...