US May Lift More Venezuela Sanctions This Week, Bessent Says

U.S. Treasury Secretary Scott Bessent speaks during a press conference in Washington, D.C., U.S., December 17, 2025 U.S. Treasury Secretary Scott Bessent speaks during a press conference in Washington, D.C.,…

Trump Moves to Block Courts From Seizing Venezuelan Oil Revenue in US Accounts

(Reuters) – U.S. President Donald Trump signed an executive order aimed at blocking courts or creditors from impounding revenue tied to the sale of Venezuelan oil held in U.S. Treasury…

Trading Houses Beat US Majors to First Deals for Venezuelan Oil

Summary Vitol, Trafigura have global sales, shipping, logistics U.S. oil majors wary of legal, credit, physical risks Venezuelan oil stored on old ships, was heading to China (Reuters) – Global…

Andaman & Nicobar Invites Bids For 20 MWh Battery Storage Project At Dollygunj

Representational image. Credit: Canva The Andaman & Nicobar Administration has taken a major step toward improving energy reliability in the islands with the announcement of a new project focusing on…

Trump Tells Oil Executives Venezuela Deal Will Create “Tremendous Wealth”

President Trump on Friday framed a sweeping new Venezuela oil deal as a once-in-a-generation opportunity for U.S. energy companies and the American economy, telling executives that the agreement would generate…

Goldman Sachs Says WTI Could Drop to $50

West Texas Intermediate could drop all the way to $50 per barrel towards the end of this year, Goldman Sachs energy analysts said in a note that cited an expected…

U.S. Pushes for Reducing Rare Earth Dependence on China

The United States is urging G7 countries to reduce their dependence on China for the supply of rare earths and do it faster, Reuters has reported, citing an unnamed senior…

HPERC Proposes New Solar Tariffs For FY 2026-27, Seeks Stakeholder Feedback

The Himachal Pradesh Electricity Regulatory Commission has released a suo-motu order on January 6, 2026 to determine the generic levelized tariff for solar photovoltaic projects for the financial year 2026-27.…

  • Gas
  • January 12, 2026
Moeve delivers on SAF for flights between Tenerife and Germany

Spanish integrated energy firm Moeve has completed the supply of sustainable aviation fuels (SAF) to airline Condor for flights departing from Tenerife South Airport to Hamburg, Munich, Frankfurt and Dusseldorf.…

  • Gas
  • January 12, 2026
Indian biogas could receive $135m boost this year

The Indian Biogas Association has proposed a $134.5m fund to subsidise the biogas industry in the upcoming Union Budget of India, set to take place on 1 February. The IBA…