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Trump claims Venezuela will hand over up to 50m barrels of oil to US after regime change
07 Jan 2026 13:43 GMT
… the world’s largest proven oil reserves, estimated at more than 300 … “stole” American oil, legal experts note that natural resources are owned by … historically operated under licence agreements rather than owning the oil itself.
With …
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US, Venezuela Sign Agreement For Exportation Of $2billion Venezuelan Crude Oil Amid Maduro's Trial
07 Jan 2026 13:41 GMT
… control of the country’s oil resources.
In a social media … issuance of U.S. licenses to PDVSA’s partners.
… licenses enabled companies including Chevron, India’s Reliance, China National Petroleum … of Venezuelan oil in the U.S. Strategic Petroleum Reserve, …
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“Take the Oil”
07 Jan 2026 10:57 GMT
… spoke about seizing foreign oilfields. In a 2011 interview … the oil” mindset to Venezuela, a country with vast petroleum reserves— … Venezuela’s state-owned oil company, Petróleos de Venezuela, SA ( … by US firms under concession agreements with the Venezuelan …
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Texas clears the way for petrochemical expansion as experts warn of health risks
07 Jan 2026 10:06 GMT
… fuels. According to state permits issued to owner Woodside … processing Energy Transfer’s permit application, despite comments … and the California Air Resources Board, which regulates air … said.
Explore all 13 scenes from Texas’s petrochemical expansion …
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ADNOC Takes FID on SARB Deep Gas Project Offshore Abu Dhabi
07 Jan 2026 12:31 GMT
… a strategic offshore gas project within the Ghasha Concession, offshore United Arab … .
Located around 120 km offshore Abu Dhabi, the SARB … will include a new offshore platform with four gas … of oil and condensates.
Deep gas resources in the concession are …
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Petrobras approves FID for SEAP II in Sergipe-Alagoas basin
07 Jan 2026 12:20 GMT
… II) in Sergipe-Alagoas basin offshore Brazil.
SEAP II covers … and BM-SEAL-10 concessions, respectively. Oil is light and of … m/d. First oil is expected in 2030.
Besides … SEAL-4 concessions (75%) with partner ONGC Campos Ltda. (25%). Petrobras operates …
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Trump claims Venezuela is set for an oil boom after US attack – history points to a bumpy road ahead
07 Jan 2026 12:05 GMT
… something else entirely: oil.
Venezuela’s oil reserves – reputedly the world … ’s oil, such ousting of dictators from petrostates has … licenses.
By 2024, Iraq was the second-highest crude oil … Administration notes that oil development and exploration in the …
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US’s Venezuela raid isn’t about oil or drugs, but China
07 Jan 2026 10:08 GMT
… more material motive: Venezuela’s oil reserves—estimated to be the world … control of Venezuela’s government, oil infrastructure, and blockading shipments, China … control of Venezuela now gives license to Russia to bag Ukraine …
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Trump announces 50m barrel oil ‘turn over’ from Venezuela to US refineries
07 Jan 2026 10:19 GMT
… Venezuela's reserves.
Venezuelan oil is heavy and … Trump remarked on US oil production in Venezuela, Chevron … history of extracting oil under license agreements.
Venezuela nationalized … its oil industry in …
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BP reiterates its plans to bolster investment in Egyptian oil & gas scene
07 Jan 2026 09:35 GMT
… Egypt’s Minister of Petroleum and Mineral Resources, and Nader Zaki, … entails the drilling of new wells within its concession areas … and production of gas reserves to extend the use … exploration activities in the Mediterranean.
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