Tankers Wait a Month as Venezuela Hits an Oil Export Ceiling
Venezuela has plenty of oil buyers again. What it does not have is enough functioning port infrastructure to…
Eni, Mercuria to combine oil and LNG trading operations
(Bloomberg) – Italian oil company Eni SpA and commodity merchant Mercuria Energy Group Ltd. signed an agreement to…
U.S. Moves to Secure Venezuela’s Gold as Influence Deepens After Intervention
Since the United States intervention in Venezuela on January 3rd, which effectively brought an end to President Nicolás…
Bolivia Halts Fuel Imports Amid Smuggling Scandal
In a major move, Bolivia announced the suspension of its gasoline contracts with Vitol and Trafigura due…
EU’s flagship Africa project under fire over ties to Chinese state-owned firms
To European Commission President Ursula von der Leyen, the ribbon of rail snaking from the Democratic Republic of…
Expanded U.S. Licenses Set Stage for Venezuela Oil Production Rebound
By Shariq Khan NEW YORK (Reuters) – Expanded U.S. licenses for Venezuela-related deals are expected to restore the…
Trafigura Calls for a Rethink of LNG Project Funding
The current financing model for most LNG export projects, where banks require a large part of the future…
BPCL and Trafigura sign landmark crude oil supply agreement
Goa, India, 30 January 2026 – Bharat Petroleum Corporation Limited (BPCL), one of India’s leading state-run refiners, and…
Citgo Buys Venezuelan Oil for the First Time Since 2019 Sanctions
Citgo Petroleum, the U.S.-based refiner formerly owned by Venezuela’s state oil firm PDVSA, has bought its first Venezuelan…
Global Traders Launch Legal Venezuelan Oil Sales to China
Vitol, the world’s biggest independent oil trading group, is offering Venezuelan crude to Chinese refiners at a discount…
Crude awakening for Nayara as geopolitics sounds alarm; symbol of Indo-Russian ties hit hard by West penalty
Mumbai: In August 2017, nine months after a consortium led by Russia’s Rosneft bought Essar Oil’s 20-mtpa refinery…
Australia’s state capture is wrapped up as sovereign capability
While Australian policymakers pretend Australia is a medium-sized market economy with a commitment to free trade and the…