Trump announces U.S. will acquire 30-50 million barrels of oil from Venezuela at market value.
President Donald Trump has announced on his social media platform that “Interim Authorities” in Venezuela plan to supply 30…
Rubio asserts that the US will not take control of Venezuela, but will advocate for reforms via an oil embargo.
Secretary of State Marco Rubio asserted on Sunday that the United States would not assume a day-to-day role in governing Venezuela, except for…
US Oversight of Venezuelan Oil Could Free Up $1 Billion in Owed Payments for India and Boost Production
A US-led takeover or restructuring of Venezuela’s oil sector could bring direct advantages to India, potentially unlocking nearly USD 1…
India requests weekly data on Russian oil imports from refiners as it pursues a trade agreement with the U.S.: Report
India is seeking weekly reports from refiners regarding their purchases of Russian and US oil, according to sources who spoke with Reuters.…
Deadline for Oil and Gas Block Auction Bids Extended Again for the Third Time
The government has once again extended the deadline for submitting bids in the latest oil and gas block auction, marking the third extension…
Ukraine claims it targeted Russian oil platform and patrol vessel in the Caspian Sea.
Ukraine reported that its drones targeted a Russian oil platform owned by Lukoil in the Caspian Sea, along with a military patrol vessel near…
Why Computation, Not Data, Is the New Oil
The capability to develop, train, and implement artificial intelligence systems on a large scale represents the critical resource challenge of…
Former Sri Lanka Cricket Captain Arjuna Ranatunga Facing Arrest in ₹23.5 Crore Oil Scam
Former Sri Lankan cricketer and ex-minister Arjuna Ranatunga faces potential arrest on corruption charges. The World Cup-winning captain is…
Oil reaches five-month peak following US strikes on crucial Iranian nuclear facilities.
Israel-Iran War LIVE Updates: On early Monday morning, the IDF reported that Iran conducted a missile strike aimed at Central Israel. An…
Goldman Sachs Highlights Potential for Increased Oil and Gas Prices in Middle East Scenarios
Goldman Sachs Group Inc. has highlighted the potential for increased oil and gas prices following the US strike on Iran, even though the…