Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
US Energy Secretary Chris Wright visits Venezuela to assess oil industry overhaul
Getting your Trinity Audio player ready... CARACAS, Venezuela (AP) — The United States government on Wednesday further asserted its self-appointed role in turning around Venezuela's dilapidated oil industry with the arrival of Energy…
US Energy Secretary Chris Wright Visits Venezuela To Assess Oil Industry Overhaul
The United States government on Wednesday further asserted its self-appointed role in turning around Venezuela's dilapidated oil industry with the arrival of Energy Secretary Chris Wright to the South American country for a firsthand assessment.
US Energy Secretary Chris Wright visits Venezuela to assess oil industry overhaul
CARACAS, Venezuela (AP) — The United States government on Wednesday further asserted its self-appointed role in turning around Venezuela's dilapidated oil industry with the arrival of Energy Secretary Chris Wright to the South American…
Energy Secretary Visits Venezuela to Assess Oil Overhaul - TT
Wright lands in Venezuela. (U.S. Embassy in Venezuela via X) CARACAS, Venezuela — The United States government on Feb. 11 further asserted its self-appointed role in turning around Venezuela's dilapidated oil industry with the arrival of…
US Energy Secretary Chris Wright visits Venezuela to assess oil industry overhaul
CARACAS, Venezuela (AP) — United States Energy Secretary Chris Wright arrived Wednesday in Venezuela for a firsthand assessment of the country's oil industry, a visit that further asserts the U.S. government's self-appointed role in turning…
US Energy Secretary Chris Wright visits Venezuela to assess oil industry overhaul - WSVN 7News | Miami News, Weather, Sports | Fort Lauderdale
CARACAS, Venezuela (AP) — United States Energy Secretary Chris Wright arrived Wednesday in Venezuela for a firsthand assessment of the country's oil industry, a visit that further asserts the U.S. government's self-appointed role in turning…
U.S. Treasury sets regulatory framework for Venezuelan oil operations
Feb. 11 (UPI) -- The U.S. Treasury Department approved a new framework for Venezuela's energy sector through three general licenses that allow oil trade, supply of goods and services for the hydrocarbons industry, and operations needed at the…
Tourmaline Oil Corp. stock rises Wednesday, outperforms market
Shares of Tourmaline Oil Corp. TOU advanced 1.12% to C$61.59 Wednesday, in what proved to be an otherwise all-around negative trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE falling 0.01% to 33,254.19. Tourmaline…
Libya awards oil, gas exploration blocks to int'l firms
TRIPOLI, Feb. 11 (Xinhua) -- Libya's National Oil Corporation (NOC) said Wednesday that several international companies have secured oil and gas exploration rights. Five companies from Spain, Hungary, Nigeria, and Italy were awarded exploration…
Why are criminals stealing used cooking oil from chip shops?
Steven McKenzie,Highlands and Islands reporterand Police Scotland says organised crime gangs are targeting chip shops, takeaways and restaurants for their used cooking oil. The liquid is often left in containers outside premises to be taken away to…
Oil giant TotalEnergies on Trump's Venezuela dream: 'Too expensive and too polluting
The comments come after Trump called on Big Oil to quickly reenter Venezuela to help rebuild the South American country's energy industry. TotalEnergies completely exited its oil and gas operations in Venezuela in 2022, citing a shift away from the…
U.S. issues license facilitating oil, gas exploration and production in Venezuela
Leonardo Fernandez Viloria | Reuters The U.S. Treasury Department on Tuesday issued a general license to facilitate the exploration and production of oil and gas in Venezuela, a long-awaited step that could help increase output in the country.
Oil prices up 1% on escalating US-Iran tensions
NEW YORK: Oil prices gained about 1% on Wednesday, as investors worried about escalating tensions between Iran and the US, which were preparing to resume negotiations, while a weekly report showing a large build in US crude inventories limited…
Oil rises 2% on US-Iran tensions, improved demand
Bloomberg Creative Photos | Bloomberg Creative Photos | Getty Images Oil prices gained about 2% on Wednesday, buoyed by potential supply risks should tensions between the U.S. and Iran escalate, while draws of crude from key stockpiles suggested…
Moscow preparing to evacuate Russian tourists from Cuba amid US oil blockade
Moscow has said it is planning to evacuate Russian tourists from Cuba within days as a fuel crisis triggered by US efforts to choke off the island's oil supplies deepens. Russia's aviation authorities said on Wednesday that two of its airlines…
Receive a Daily briefing on Oil Industry News
Get Started