Trending News: India Surpasses 300 GW of Non-Fossil Power CapacityPakistan’s Five Refineries Set for $6 Billion Upgrade PushAmazon Nears 1 GW of Wind Power in Sweden With Four New DealsQatar Extends Force Majeure as Hormuz Crisis Still Blocks LNG TrafficIndia and Indonesia look to strengthen semiconductor tiesWoodside receives final Pluto LNG train 1 moduleInterlune recreates lunar helium in simulant for Earth-based extraction testingTrump Sends Saudi Nuclear Deal to Congress as Riyadh Rejects Israel ConditionU.S. In Talks To Take Direct Ownership Of Venezuelan Oil FieldsOil Prices Head for a Weekly Loss Despite Escalating Iran TensionsHormuz Tanker Traffic Drops Despite Recovery in Oil FlowsChina’s Solar Boom Hits a Wall as Industry Losses MountGulf Oil Exports Rebound Despite Iran WarTexas Oil Co Starts 92 Well New Mexico Drilling ProgramOMV Petrom receives additional 35MW of electrolysers at clean fuel facilityBangladesh LNG expansion could increase annual imports by $8.5bn, IEEFA warnsBangladesh LNG expansion could drive $8.5bn annual import bill, IEEFA warnsWaaree Renewable Technologies Secures LOA for 291 MWp Solar PV and 280 MWh BESS ProjectLatin America’s Energy Storage Capacity Set to Reach 34 GW by 2035: Wood MackenzieMeritus strengthens Southern California teamJan De Nul enters North Sea CCS marketSøby Solar Park to Supply Renewable Power to Four Companies Under Fixed-Price PPAsIEEFA Finds Renewables Cheaper Than Coal in Indonesia, Urges Least-Cost Power Planning and 100 GW Solar IntegrationSiemens Energy to spin off Transformation of Industry with view to saleSuzlon Breaks Ground on 1,325 MW Wind Projects in Andhra Pradesh, Targets INR 10,500 Crore InvestmentEnergean in Exclusive Talks for $1 Billion BP Egypt Gas DealTrump Complained About Big Oil Profits, But Dumped Exxon Stock on Ceasefire Day45 Power Plants in India Running on Critically Low Levels of Coal StocksAfrica Emerges as Center of Upstream Acreage RushAmpera, LLNL team up for TRISO fuel developmentTesting under way for Atucha 2’s dry storage facility equipmentWelding of Akkuyu 2’s primary circuit completedNewcleo-led consortium to develop floating nuclear plantThailand Accelerates Clean Energy Push to Cut LNG DependenceQatar and Kuwait Restore 70% of Pre-War Oil Exports Through HormuzWeak Asian Oil Imports Challenge Claims of Surge in Hormuz TransitsTotalEnergies Exits Russia’s Sanctioned Arctic LNG 2 ProjectFortum Seeks State Aid for Major New Nuclear Project in SwedenMesser and Ambrian win approval for German CO2 export terminalPulsar Helium net losses widen in exploration pushKorea moves towards first domestic green methanol supply for shippingThe Netherlands to Miss Natural Gas Filling Target for WinterCNOOC Posts Record Profit as China Pumps More Oil at HomeAnother Tanker Struck as Hormuz Shipping Crisis DeepensOil Prices Fall as Qatar Pushes New Hormuz TalksAlberta Premier Rejects Using Oil as a Weapon Against TrumpAnalyst Explains Why Oil Prices Are EasingVentura County Partners with ForeFront Power for 7.7 MW Solar and Storage ProjectTotalEnergies exits Arctic LNG 2 in RussiaGreenvolt Secures €218 Million UniCredit Financing for 400 MW BESS Projects in PolandPerigus Energy Acquires Rights to Olpe-Rehringhausen Wind Farm Project in GermanyLow GHG fuel supply could reach 270 Mtoe by 2030Canadian Solar Reports $1.2 Billion Q2 2026 Revenue as Record Energy Storage Shipments Offset Solar Module DeclineCeigall India Emerges as L1 Bidder for Gujarat-Maharashtra Inter-State Transmission ProjectCanada government invests C$19m in Ontario AD facilityGalia Green Power secures $101m funding for Poland biomethane growthIndia’s ONGC Targets Tenfold Oil Output Boost in VenezuelaDrilling of deposition holes starts at OnkaloHoltec’s SMR-300 test facility taking shape at INLFortum’s NuCore Energi applies for Swedish state support for new nuclearMultinational support for ATLAS maritime nuclear initiativeUS Army selects five microreactor techs for deploymentJapan to Unveil New Oil Diversification StrategyHormuz Traffic Remains Depressed as Iran and Oman Weigh Temporary CorridorQatar Loses $24 Billion as LNG Exports Collapse 96%India’s Russian Oil Imports Slide From Record High as Supply TightensUK Energy Bills to Hit Three-Year High as Gas Prices SurgePreview: Swagelok webinar to explore gas distribution system designPreview: Swagelok webinar to explore gas distribution system designDevelopment and production offer biggest AI prizes – McKinseySLB selected as reservoir partner for Havstjerne carbon storage projectBLM Sets October Oil and Gas Lease Sale for Montana and DakotasSatellite Images Show Seven Tankers Loading Iraqi Crude at OnceSPR Sinks Toward Operational Minimum as U.S. Crude Inventories BuildOil Prices Fall as Iran-Oman Talks Fuel Hopes of Strait ReopeningIran’s Tanker Blacklist Raises New Risks for Gulf OilWhy Oil’s War Premium Is Unwinding AgainBrevard County backs LNG infrastructure at Kennedy Space CenterKalpa Power Secures 286 MWp Utility-Scale Solar Project in Madhya PradeshIndian Green Energy Stocks Trade Mixed As Sensex, Nifty Decline (26 August 2026)Mantel advances high-temperature CO2 capture towards commercial scaleTaiwan Announces 2026 Renewable Energy Feed-In Tariffs Across Solar, Wind And Other SourcesRATCH Group Targets THB 15 Billion EBITDA and 15% Renewable Revenue in 2026Thailand Plans 9 GW Of Small Modular Reactor Capacity By 2050EnviTec Biogas advances two biomethane projects in FranceAdvanced Gas Analysis Applications for Industrial Gas ProducersKawasaki Heavy Industries to build grey hydrogen plant in JapanTighten up dangerous goods data flowPacific Fusion breaks ground on New Mexico facilitySecond EPR site authorised for site preparationsNiger awards Arlit uranium mining permit to state-owned companyRosatom and Egypt discussing more potential unitsReactor technology selection process progresses in NetherlandsUkraine Hits Another Russian Refinery as Fuel Crunch WorsensChina’s Top Refiner Seeks Transformation amid Falling Fuel SalesHormuz Crisis Boosts Appeal of $42-Billion Tanzania LNGChina Defies U.S. Economic D-Day against IranJPMorgan and Santander Lead $15 Billion Financing Push for Argentina LNGJapan Holds Off on New Oil Reserve Release Despite September Import DropIndia’s Crude Import Bill Surges as Hormuz Shipping Rates Soar
Sat. Aug 29th, 2026
Trending News: India Surpasses 300 GW of Non-Fossil Power CapacityPakistan’s Five Refineries Set for $6 Billion Upgrade PushAmazon Nears 1 GW of Wind Power in Sweden With Four New DealsQatar Extends Force Majeure as Hormuz Crisis Still Blocks LNG TrafficIndia and Indonesia look to strengthen semiconductor tiesWoodside receives final Pluto LNG train 1 moduleInterlune recreates lunar helium in simulant for Earth-based extraction testingTrump Sends Saudi Nuclear Deal to Congress as Riyadh Rejects Israel ConditionU.S. In Talks To Take Direct Ownership Of Venezuelan Oil FieldsOil Prices Head for a Weekly Loss Despite Escalating Iran TensionsHormuz Tanker Traffic Drops Despite Recovery in Oil FlowsChina’s Solar Boom Hits a Wall as Industry Losses MountGulf Oil Exports Rebound Despite Iran WarTexas Oil Co Starts 92 Well New Mexico Drilling ProgramOMV Petrom receives additional 35MW of electrolysers at clean fuel facilityBangladesh LNG expansion could increase annual imports by $8.5bn, IEEFA warnsBangladesh LNG expansion could drive $8.5bn annual import bill, IEEFA warnsWaaree Renewable Technologies Secures LOA for 291 MWp Solar PV and 280 MWh BESS ProjectLatin America’s Energy Storage Capacity Set to Reach 34 GW by 2035: Wood MackenzieMeritus strengthens Southern California teamJan De Nul enters North Sea CCS marketSøby Solar Park to Supply Renewable Power to Four Companies Under Fixed-Price PPAsIEEFA Finds Renewables Cheaper Than Coal in Indonesia, Urges Least-Cost Power Planning and 100 GW Solar IntegrationSiemens Energy to spin off Transformation of Industry with view to saleSuzlon Breaks Ground on 1,325 MW Wind Projects in Andhra Pradesh, Targets INR 10,500 Crore InvestmentEnergean in Exclusive Talks for $1 Billion BP Egypt Gas DealTrump Complained About Big Oil Profits, But Dumped Exxon Stock on Ceasefire Day45 Power Plants in India Running on Critically Low Levels of Coal StocksAfrica Emerges as Center of Upstream Acreage RushAmpera, LLNL team up for TRISO fuel developmentTesting under way for Atucha 2’s dry storage facility equipmentWelding of Akkuyu 2’s primary circuit completedNewcleo-led consortium to develop floating nuclear plantThailand Accelerates Clean Energy Push to Cut LNG DependenceQatar and Kuwait Restore 70% of Pre-War Oil Exports Through HormuzWeak Asian Oil Imports Challenge Claims of Surge in Hormuz TransitsTotalEnergies Exits Russia’s Sanctioned Arctic LNG 2 ProjectFortum Seeks State Aid for Major New Nuclear Project in SwedenMesser and Ambrian win approval for German CO2 export terminalPulsar Helium net losses widen in exploration pushKorea moves towards first domestic green methanol supply for shippingThe Netherlands to Miss Natural Gas Filling Target for WinterCNOOC Posts Record Profit as China Pumps More Oil at HomeAnother Tanker Struck as Hormuz Shipping Crisis DeepensOil Prices Fall as Qatar Pushes New Hormuz TalksAlberta Premier Rejects Using Oil as a Weapon Against TrumpAnalyst Explains Why Oil Prices Are EasingVentura County Partners with ForeFront Power for 7.7 MW Solar and Storage ProjectTotalEnergies exits Arctic LNG 2 in RussiaGreenvolt Secures €218 Million UniCredit Financing for 400 MW BESS Projects in PolandPerigus Energy Acquires Rights to Olpe-Rehringhausen Wind Farm Project in GermanyLow GHG fuel supply could reach 270 Mtoe by 2030Canadian Solar Reports $1.2 Billion Q2 2026 Revenue as Record Energy Storage Shipments Offset Solar Module DeclineCeigall India Emerges as L1 Bidder for Gujarat-Maharashtra Inter-State Transmission ProjectCanada government invests C$19m in Ontario AD facilityGalia Green Power secures $101m funding for Poland biomethane growthIndia’s ONGC Targets Tenfold Oil Output Boost in VenezuelaDrilling of deposition holes starts at OnkaloHoltec’s SMR-300 test facility taking shape at INLFortum’s NuCore Energi applies for Swedish state support for new nuclearMultinational support for ATLAS maritime nuclear initiativeUS Army selects five microreactor techs for deploymentJapan to Unveil New Oil Diversification StrategyHormuz Traffic Remains Depressed as Iran and Oman Weigh Temporary CorridorQatar Loses $24 Billion as LNG Exports Collapse 96%India’s Russian Oil Imports Slide From Record High as Supply TightensUK Energy Bills to Hit Three-Year High as Gas Prices SurgePreview: Swagelok webinar to explore gas distribution system designPreview: Swagelok webinar to explore gas distribution system designDevelopment and production offer biggest AI prizes – McKinseySLB selected as reservoir partner for Havstjerne carbon storage projectBLM Sets October Oil and Gas Lease Sale for Montana and DakotasSatellite Images Show Seven Tankers Loading Iraqi Crude at OnceSPR Sinks Toward Operational Minimum as U.S. Crude Inventories BuildOil Prices Fall as Iran-Oman Talks Fuel Hopes of Strait ReopeningIran’s Tanker Blacklist Raises New Risks for Gulf OilWhy Oil’s War Premium Is Unwinding AgainBrevard County backs LNG infrastructure at Kennedy Space CenterKalpa Power Secures 286 MWp Utility-Scale Solar Project in Madhya PradeshIndian Green Energy Stocks Trade Mixed As Sensex, Nifty Decline (26 August 2026)Mantel advances high-temperature CO2 capture towards commercial scaleTaiwan Announces 2026 Renewable Energy Feed-In Tariffs Across Solar, Wind And Other SourcesRATCH Group Targets THB 15 Billion EBITDA and 15% Renewable Revenue in 2026Thailand Plans 9 GW Of Small Modular Reactor Capacity By 2050EnviTec Biogas advances two biomethane projects in FranceAdvanced Gas Analysis Applications for Industrial Gas ProducersKawasaki Heavy Industries to build grey hydrogen plant in JapanTighten up dangerous goods data flowPacific Fusion breaks ground on New Mexico facilitySecond EPR site authorised for site preparationsNiger awards Arlit uranium mining permit to state-owned companyRosatom and Egypt discussing more potential unitsReactor technology selection process progresses in NetherlandsUkraine Hits Another Russian Refinery as Fuel Crunch WorsensChina’s Top Refiner Seeks Transformation amid Falling Fuel SalesHormuz Crisis Boosts Appeal of $42-Billion Tanzania LNGChina Defies U.S. Economic D-Day against IranJPMorgan and Santander Lead $15 Billion Financing Push for Argentina LNGJapan Holds Off on New Oil Reserve Release Despite September Import DropIndia’s Crude Import Bill Surges as Hormuz Shipping Rates Soar
Sat. Aug 29th, 2026

ConocoPhillips Visits Venezuela to Evaluate Oil Opportunities 

ConocoPhillips said on Thursday it is sending a small evaluation team to Venezuela this week to evaluate oil and gas opportunities.

The U.S. oil producer left the South American country in 2007 after its assets there were nationalized. The company is owed about $12 billion with interest following arbitration awards stemming from the expropriations.

ConocoPhillips said it will evaluate potential new Venezuela investments as it works to collect what it is owed.

Get the Latest US Focused Energy News Delivered to You! It’s FREE:

U.S. President Donald Trump has urged oil firms to spend billions and rebuild Venezuela’s energy sector after American forces removed President Nicolas Maduro in January. Top U.S. oil major Exxon Mobil – which also exited the country in 2007 – sent a technical team last month to evaluate the infrastructure and investment opportunities.

ConocoPhillips CEO Ryan Lance said last month that Venezuela needed to “completely rewire” ​its fiscal system to attract new investment and called recent reforms “woefully inadequate.”29dk2902l

(Reporting by Sheila Dang in Houston; Editing by Nathan Crooks, Rod Nickel)

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