U.S. Reopens Venezuela’s Oil Spigot, but Refuses to Guarantee Security
U.S. officials told oil executives on Wednesday that Washington will not provide security guarantees for companies operating in Venezuela, even as the Trump administration encourages the industry to re-engage with…
France Boards Oil Tanker Linked to Russia Shadow Fleet
France’s navy boarded an oil tanker coming from Russia into the Mediterranean Sea, as part of a global crackdown on shadow fleet ships used to export sanctioned crude. The operation…
Diversified CPC strengthens specialty gas R&D with Illinois site
US-based propellant, refrigerant, and specialty gas manufacturer Diversified CPC International has opened a new centre in Illinois to expand research and testing of high-purity hydrocarbons and specialty gases. The Channahon…
Data centres and energy at centre of $30bn New Gaza plan
An ambitious $30bn regeneration of Gaza would see a strong emphasis on digital and energy infrastructure, in plans unveiled at the Davos conference. A new port and airport are also…
U.S. Establishes Fund to Control All Venezuelan Oil Revenue
U.S. President Donald Trump supervises the release of funds from sales of Venezuela’s oil, an official at the U.S. Administration told Semafor on Thursday. Following the capture of Venezuelan leader…
Trump Could Offer Deals to U.S. States to Store Nuclear Waste
The Trump Administration plans to offer U.S. states incentives for building nuclear reactors in exchange for agreeing to store nuclear waste, a source familiar with the matter told Reuters on…
Oil Prices Slump as Trump Walks Back Greenland Tariff Threat
Oil prices fell by about 1.5% early on Thursday as U.S. President Donald Trump walked back on his threat to slap tariffs on NATO allies for supporting Greenland’s sovereignty. As…
Saudi Aramco Dismisses Oil Glut Narrative as ‘Seriously Exaggerated’
Forecasts of a massive oil glut are seriously exaggerated as demand keeps rising and global stocks are below the five-year average, according to Saudi Aramco’s chief executive officer, Amin ?Nasser. …
Kazakhstan Investigates Incident that Halted Huge Tengiz Oilfield
Kazakhstan has set up a special commission that is investigating this weekend’s incident which led to the halt of the huge Tengiz oilfield, the Kazakh Energy Ministry said on Thursday. …
China Reports Record-High LNG Imports from Russia
China imported record volumes of liquefied natural gas from Russia in December, up from the previous record set the month prior, and more than double the estimates from ship-tracking services. …
