EUR 123mn to Fund Largest Green H2 Project in Austria
OMV and Austria Wirtschaftsservice (aws) have signed a funding agreement that will guarantee production funding of up to…
Trump Says Venezuela to Purchase US Goods With Oil Deal
(Bloomberg) — President Donald Trump said Venezuela would be “purchasing ONLY American Made Products” with revenue from a…
Geopolitics to be a major challenge in 2026, says Economy Minister
PUTRAJAYA: The Economy Ministry is monitoring geopolitical developments following the United States’ arrest of Venezuela’s former president, Nicolas…
Crude oil prices settle with cautious gains amid bearish pressures- Analysis-08-01-2026
Crude oil settles with limited gains in its recent intraday trading, after offloading the oversold conditions on the…
How Europe will try to save Greenland from Trump – POLITICO
“We have many, many people below the poverty line, and the infrastructure in Greenland is lagging, and our…
Somalia, regional states agree on joint management of oil and mineral resources
Tuesday January 6, 2026 Mogadishu (HOL) — Somalia’s federal government and four regional state administrations have agreed to…
Britain helps US seize Russian oil tanker — follow live
Russia’s response to American troops seizing a Russian-flagged oil tanker in the north Atlantic will depend on whether…
Trump says open to making concessions to China to calm trade war – POLITICO
“I’d love China to help us out with Russia,” he said. “We put very big sanctions on Russia. I…
Venezuela says it has the world’s largest reserves of crude oil. Making it viable is a whole other problem.
Despite exporting less than 1% of the world’s supply of oil, Venezuela has been a key focal point…
Hibiscus Petroleum raises estimate of 2P oil reserves at UK’s Teal West field
KUALA LUMPUR: Hibiscus Petroleum Bhd has raised its estimate of proved and probable (2P) oil reserves at its…
Mexico’s Crude Exports Slide as Refining Finally Reawakens
Mexico’s crude oil exports are shrinking fast – and this time the decline is not just a symptom…
UK North Sea Oil Enters Survival Mode as Investment Dries Up
The once-thriving UK North Sea oil and gas province survived 2025, the most difficult year since the 1960s…