News About Oil And Gas
February 07, 2026
Trump says he welcomes Chinese investment in Venezuelan oil

Washington, United States (AFP) Feb 1, 2026
US President Donald Trump said Saturday he would "welcome" Chinese investment in Venezuela's oil industry as the South American country seeks to revive its battered economy following the ouster of leader Nicolas Maduro. Venezuela sits on the world's largest proven oil reserves and reformed laws this week to open the sector up to private and foreign investment. China had been the dominant buyer of Venezuelan oil under Maduro, whose January 3 capture by US forces drew condemnation from China's for ... read more
US firm owned by Trump donor buys German oil storage giant
Frankfurt, Germany (AFP) Jan 23, 2026
A US takeover of a major German operator of fuel storage sites has been approved, Berlin said Friday, despite warnings about the new owner's close links to US President Donald Trump. ... more
US to conduct multi-day military exercise in Middle East
Washington, United States (AFP) Jan 27, 2026
The United States on Tuesday announced a major multi-day Air Force exercise in the Middle East, as Washington and Tehran face off over Iran's deadly crackdown on anti-government demonstrations. ... more
Vladimir Padrino: Venezuela's military power broker
Caracas (AFP) Jan 27, 2026
Vladimir Padrino, the man who wields absolute control over Venezuela's powerful military, became a soldier entirely by chance. ... more
French navy boards tanker 'from Russia' in Mediterranean
Paris, France (AFP) Jan 22, 2026
France's navy, with the help of allies, on Thursday boarded a tanker alleged to be from Russia's sanction-busting "shadow fleet" in the Mediterranean, President Emmanuel Macron said. ... more
TotalEnergies told to act to 'ease eco-anxiety'
Tournai, Belgium (AFP) Jan 21, 2026
Several groups and a Belgian farmer asked a court on Wednesday to order TotalEnergies to reduce its oil and gas production to "ease the existential anxiety" linked to climate change. ... more
Russia says US has not released crew from detained tanker
Moscow (AFP) Jan 20, 2026
Russia said Tuesday the United States has not released two Russian crew members of a tanker seized in the North Atlantic despite promising to do so. ... more
Oil prices drop 3% after Trump comments on Iran
Hong Kong (AFP) Jan 15, 2026
Oil prices plunged on Thursday after fears over instability in Iran were eased by comments from US President Donald Trump. ... more
Chinese villagers struggle for heat as gas subsidies fade
Xushui, China (AFP) Jan 14, 2026
Almost a decade after China began curbing coal burning to stop thick winter smog, villagers in northern Hebei province are struggling to afford their heating bills with most gas subsidies now phased out. ... more
China: the indispensable partner of Maduro's Venezuela
Beijing Jan 9, 2026
China was the dominant buyer of Venezuelan oil under deposed president Nicolas Maduro, the fulcrum of a symbiotic partnership that propped up the South American economy and gave Beijing regional influence. ... more
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Delta and beach bar sand bodies offer new framework for buried shoreline reservoirs
Tokyo, Japan (SPX) Jan 06, 2026
New research brings together decades of work on how delta and beach bar systems interact to form composite sand bodies that can host important subsurface reservoirs in lakes and seas. The study exam ... more
Polymer nanoparticles drive platinum free solar hydrogen
Gothenburg, Sweden (SPX) Jan 08, 2026
Hydrogen is seen as a central energy carrier in future low carbon systems because its use produces only water, but large scale deployment still depends on cleaner and more abundant production method ... more
Japan protests China gas drilling in East China Sea
Tokyo (AFP) Jan 8, 2026
Japan said Thursday it had lodged a protest with China over the operation of a mobile drilling vessel in an area of the East China Sea rich in gas deposits. ... more
UK says 'provided support' to US in tanker seizure
London (AFP) Jan 7, 2026
Britain said Wednesday it provided "enabling support" to Washington during a US operation to seize a Russian-flagged oil tanker in the North Atlantic, which was condemned by Moscow. ... more
Orbital cycles control Jurassic shale oil sweet spots in Sichuan Basin
Tokyo, Japan (SPX) Jan 06, 2026
A high resolution study of Jurassic mudstones in the Sichuan Basin in southwest China links Earth's orbital cycles to the way organic rich shale formed in a lacustrine setting, providing a framework ... more
Brazil oil drilling near Amazon halted over 'fluid leak'

Sao Paulo (AFP) Jan 6, 2026
Brazilian state oil company Petrobras said Tuesday that a "fluid leak" had forced it to halt drilling off the coast of the Amazon region. Despite strong opposition from environmental activists, Petrobas last year was granted a license to explore for oil in the Equatorial Margin, about 500 kilometers (310 miles) from the mouth of the Amazon River. On Thursday, the company said "a leak of drilling fluid was identified in two auxiliary lines" connecting the drilling rig to a well about 175 kilomete ... read more
Maduro now in New York jail as Trump says US to 'run' Venezuela
Palm Beach, United States (AFP) Jan 4, 2026
Venezuelan President Nicolas Maduro was in a New York jail Saturday, hours after American special forces seized and flew him out of his country - which Donald Trump said would come under effective US control. ... more

Hydrogen plays part in global warming: study
Paris, France (AFP) Dec 17, 2025
Hydrogen has long been touted as a possible solution to the climate crisis, but it could also be a small part of the problem, a study warned on Wednesday. ... more
US oil blockade of Venezuela: what we know
Washington, United States (AFP) Dec 17, 2025
US forces in the Caribbean - where Donald Trump has deployed a massive flotilla of warships - have been tasked by the president with blockading "sanctioned oil vessels" going to and from Venezuela. ... more
ExxonMobil slows low-carbon investment push through 2030
New York (AFP) Dec 10, 2025
ExxonMobil is slowing medium-term investments in low-carbon ventures by some $10 billion compared with its outlook a year ago, the oil giant announced Tuesday. ... more
Israel, Qatar and US hold trilateral meeting in New York
Washington, United States (AFP) Dec 8, 2025
The United States, Israel and Qatar held a trilateral meeting in New York Sunday, a senior White House official told AFP, months after Israeli jets conducted an airstrike in Doha, unsuccessfully targeting Hamas leadership. ... more
Lula orders road map to cut fossil-fuel use in Brazil
Brasilia (AFP) Dec 8, 2025
Brazilian President Luiz Inacio Lula da Silva ordered his cabinet on Monday to craft a road map to reduce dependence on fossil fuels, a promise the country made as host of United Nations climate talks last month. ... more
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