Maduro Says He Welcomes U.S. Investments in Venezuela’s Oil
Venezuela is ready to accept U.S. investment in its oil, Nicolas Maduro said late on Thursday, in a stark softening of the rhetoric from the embattled Venezuelan leader. Maduro suggested…
Rubio: Venezuela oil quarantine key to U.S. pressure strategy
(Bloomberg) – Secretary of State Marco Rubio said the U.S. would use an oil “quarantine” to get what it wants from Venezuela’s new leaders following the ouster of President Nicolas…
Oil markets brace for Venezuela shock as global supply glut deepens
(Bloomberg) – While the capture of Venezuelan President Nicolas Maduro following U.S. airstrikes marks a seismic geopolitical development, early signals suggest that the global oil market will largely take the…
OPEC+ Set to Keep Oil Production Policy Despite Saudi-UAE Spat
Despite the public spat between two of OPEC’s top producers, Saudi Arabia and the United Arab Emirates (UAE), the wider OPEC+ group is expected to confirm at a Sunday meeting…
India to Leverage Russian Oil Import Data in Trade Deal Negotiations
India’s government is asking domestic refiners to provide timely and accurate data on a weekly basis of imports of Russian and U.S. crude, as New Delhi plans to show the…
Coal Remains King in India While Exports Optimize Domestic Stock
Coal India Limited, the biggest coal producer in the world’s second-biggest coal user, opened this year its online coal supply auctions directly to buyers in Bangladesh, Bhutan, and Nepal, as…
Top Chinese Offshore Gas Field Ships 100th Oil Cargo
China’s largest and deepest offshore gas field has shipped its 100th cargo of condensate, China National Offshore Oil Corporation (CNOOC), China’s top offshore crude oil and natural gas producer, said…
Beaumont facility produces first ammonia
The Beaumont New Ammonia facility in Texas has started ammonia production. OCI Global will now progress the remaining operational preparedness and testing requirements ahead of handover to Woodside Energy, which…
Luoming oxygen filling stations meet rising medical and industrial demand
Gas generation and purification firm Jiangsu Luoming Purification Technology Co. (Luoming) recently showcased its oxygen filling station solutions at the 27th China International Medical Device (Jiangsu) Expo. The stations are specifically…
Nigeria’s NNPC Boosts Oil Production to 1.6 Million Bpd
Nigeria’s state-owned oil and gas company NNPC this week reported crude oil and condensate production of 1.6 million barrels per day (bpd) for November 2025, up by 1.3% from October…
