Topic
oil industry
12 stories related to this topic, newest first.
upi.comworld7 days ago
Venezuela Interim Government Issues Oil Rules Removing PDVSA’s Exclusive Authority
The rules issued Thursday remove the national oil company's decades-long monopoly over the sector. Petróleos de Venezuela SA had managed the country's oil industry as its sole state operator.
The New Yorkerpolitics29 days ago
U.S. Investors Increase Activity in Venezuela Oil Sector
American investors have increased participation in Venezuela's oil industry following statements about potential reforms. Officials previously associated with the sector's decline remain in leadership positions.
indiatoday.intoday.inbusiness35 days ago
SLB Signs Long-Term Contract With Venezuela’s PDVSA to Modernize Oil Industry After U.S. Effective Takeover
SLB will supply technology and AI tools to reverse production declines. Venezuela’s May exports reached a seven-year high of 1.25 million barrels per day.
nypost.comworld48 days ago
California Governor Candidate Xavier Becerra Addresses Oil Industry Donations
Xavier Becerra, a candidate in the California governor’s race, has received campaign contributions from oil companies. He stated the donations do not influence his policy positions.
nypost.comworld54 days ago
California Governor’s Office Urges Drivers to Skip Chevron Stations Over Memorial Day Weekend
Newsom’s office posted that unbranded gasoline meets the same standards and costs 60 to 80 cents less per gallon than Chevron fuel. Chevron and an oil industry group responded by blaming state policies for high prices and questioning the governor’s travel habits.
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world62 days ago
Zelenskyy Says Ukrainian Strikes on Russian Oil and Military Sites Are Justified
Ukrainian President Volodymyr Zelenskyy stated that strikes targeting Russia’s oil industry and military production facilities are entirely justified following a Russian attack that killed at least 24 people in Kyiv. Ukraine launched long-range drone strikes on Russian energy and…
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japantimes.co.jppolitics72 days ago
Alberta Separatists Submit Signatures for Independence Referendum
A separatist group in Alberta has submitted over 300,000 signatures to force a provincial referendum on independence from Canada. The petition, if verified, could lead to a vote as early as October, though legal challenges from Indigenous groups loom. Provincial leaders have expr…
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yahoo.compolitics73 days ago
Iranian Drones Strike UAE Oil Facilities and Tanker
Iranian drones hit the Fujairah Oil Industry Zone in the UAE and an ADNOC tanker in the Strait of Hormuz on May 4, 2026, sparking fires and international backlash. UAE officials vowed to strike back, while Qatar and the Gulf Cooperation Council condemned the attacks as violations…
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Substrate placeholder — needs reviewpolitics73 days ago
Iranian Drones Strike UAE Oil Facility and Tanker
Iranian drones struck the Fujairah Oil Industry Zone in the UAE and an ADNOC tanker in the Strait of Hormuz on May 4, 2026, sparking fires and international backlash. Gulf states and the EU condemned the attacks, while a senior UAE official vowed strikes against Iran. President T…
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al-monitor.comfinance73 days ago
Drone Strikes Fujairah Oil Complex in UAE, Injuring Three Indian Nationals
Three Indian citizens sustained moderate injuries in a drone attack attributed to Iran on an oil industry complex in Fujairah, UAE. A fire broke out at the petroleum industrial site following the strike. The incident was reported by Fujairah's Media Office.
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Semaforworld93 days ago
Cuban President Expresses Openness to US Oil Investments Despite Ongoing Embargo
Cuba's President Miguel Díaz-Canel stated openness to US investment in the country's oil industry. He reiterated that he would not step down. These remarks come as economic conditions in Cuba have deteriorated since the Trump administration tightened its oil embargo, with Washing…
Substrate placeholder — needs reviewfinance98 days ago
US and Iran Agree to Two-Week Ceasefire Amid Strait of Hormuz Tensions and Oil Industry Pushback
The United States and Iran have agreed to a two-week ceasefire, including plans to reopen the Strait of Hormuz. Iranian authorities turned back an oil tanker attempting passage, while the White House denied reports of closure. Oil executives are urging the Trump administration to…
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