Oil Industry

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Venezuela Fast-Tracks Oil Law Overhaul, Opening Operations and Sales to Private Firms

Lawmakers frame the investor‑friendly shift as a way to revive output after years of sanctions‑driven underinvestment.

California Sues Trump Administration Over Federal Takeover of Las Flores Pipelines

U.S. Seizes Seventh Venezuela-Linked Tanker in Caribbean, SOUTHCOM Says

U.S. Seizes Sixth Venezuela-Linked Tanker in Caribbean Raid

BP Warns of $4–$5 Billion Q4 Impairments Tied to Transition Assets

Trump Targets Iran With Tariff Threat, Putting Hormuz Oil Chokepoint Back in Focus

Indonesia Inaugurates $7.4 Billion Balikpapan Refinery Upgrade to 360,000 Bpd

U.S. Tightens Control of Venezuelan Oil Sales as Energy Secretary Sees Likely U.S. Stakes

Court-Approved Citgo Deal Puts Petty’s Island on Track for Elliott Control

Russia Says Trump Orders Release of Two Crew From Seized Tanker

Citgo Auction in Limbo as Treasury Weighs Elliott Deal Under Trump’s Venezuela Oil Push

Chevron Edges Higher on Venezuela Opening as U.S. Weighs Reported $2 Billion Export Deal

Russia-Bound Tanker Reportedly Hit by Drone in Black Sea, Diverts to Turkish Port

U.S. Starts Venezuelan Oil Imports With Initial 30–50 Million-Barrel Shipment

U.S. Raid Capturing Maduro Puts Spotlight on Paul Singer’s Cut-Price Citgo Deal

Burry Calls U.S. Move in Venezuela a Long-Term Energy Shift as Valero Jumps

Martina Navratilova Urges ICC Sanctions on U.S. Firms Over Venezuela Oil Plan

Russia Requests U.S. Halt to Tanker Pursuit After Bella 1 Appears on Russian Register

India Orders Weekly Refinery Reports on Russian and U.S. Oil as Trade Talks With Washington Advance

YPF Marks La Plata Refinery’s Centenary With New Real-Time Operations Hub