-
The U.S. "Takeover" Of Venezuelan Oil Won’t Move The Global Market
26 Feb 2026 14:01 GMT
… to extract and refine than light, sweet crude. The poor performance … the form of fossil fuel exports. In the same year, … of America’s growing exports of crude oil and petroleum products in the last … reducing output by 400,000 barrels of oil per day this year. …
-
There is hope for Venezuela’s future – and it isn’t based on oil
26 Feb 2026 12:02 GMT
… to dirty thermoelectric plants and petrol generators for power.
Today, … simply free up more oil for export, as in the past … ’s heavy, sour crude is expensive to refine, making it dubious … urgently move away from fossil fuels. Beyond environmental concerns, it …
-
Venezuelan Petroleum leadership forges a structured hydrocarbon partnership
26 Feb 2026 11:25 GMT
… 303 billion barrels of crude reserves – … and export provisions. Majority shareholders retain export freedom … , African national oil companies and private … petroleum sector, Dangote Petroleum Refinery & Petrochemicals will supply...
Read More
THE Petroleum …
-
OPEC+ May Raise Oil Output By 137,000 Barrels A Day For April
26 Feb 2026 12:34 GMT
… for a short-term oil output and export surge in case a … , the Brent crude benchmark is trading near $71 a barrel. That’s … last year.
OPEC+, which comprises the Organization of the Petroleum Exporting Countries plus …
-
Numaligarh Refinery Awards Contract at ₹279/kg
26 Feb 2026 14:40 GMT
… 50:50 JV between Bharat Petroleum Corporation Ltd and Sembcorp Industries … 2025. This Assam refinery, majority-owned by Oil India Ltd and running … the country as a budding exporter of clean ammonia and … storage and downstream uses like fuel cells.
As the world …
-
Russia eyes higher Urals oil exports to China amid Indian cutbacks, traders say
26 Feb 2026 14:32 GMT
… aim to keep its Urals crude oil exports steady in March by … capacity to process more Russian barrels. In the current market, … 2.1 million barrels per day as independent refiners take advantage … 'teapots' (small refiners) will have bought up supplies …
-
Tengiz Expansion Shapes Kazakhstan’s Oil Market Balance
26 Feb 2026 11:32 GMT
… 99.6 million tons of crude oil and gas condensate in 2025 … refineries in Atyrau, Pavlodar and Shymkent, producing gasoline, diesel and other petroleum … gradually liberalizing fuel prices to move toward parity between export and domestic …
-
U.S. to relax ban on Venezuelan oil exports to Cuba
26 Feb 2026 14:30 GMT
… s main supplier of crude and fuel for more than … 26, 2026
Tags: Venezuelan oil exports
Post navigation
Related Posts
SEPLAT … and Venezuela’s top petroleum officials have agreed on … Read More
THE Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says …
-
Oil prices retreat on diplomatic hopes and oversupply risks
26 Feb 2026 13:54 GMT
… negotiations remain present and could fuel new volatility and price … the API reported a significant crude buildup, the EIA confirmed … rise of approximately 16 million barrels for the week ended … has been boosting its exports, while OPEC+ meets on March 1 …
-
Tankers Full Of Crude Are Waiting At Sea, Why Aren't Buyers Taking The Oil Despite Big Discounts?
26 Feb 2026 13:14 GMT
… oil markets at Rystad Energy, said Chinese refiners currently view Russian crude … to roughly 48 million barrels. Major shipping corridors such … 9.5 million barrels of Russian crude are also currently … is seeking to maximise exports amid concerns over possible …