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In September, Brazil replaced Malaysia as the top supplier of blended bitumen to China, due to banking restrictions and new trade opportunities with Latin American countries.
In September, Brazil replaced Malaysia as the top supplier of blended bitumen to China, due to banking restrictions and new trade opportunities with Latin American countries.
Venezuela has arrested the former oil minister and ex-CEO of PDVSA over accusations of collaborating with U.S. intelligence, sparking new political tensions in the country.
Venezuela has arrested the former oil minister and ex-CEO of PDVSA over accusations of collaborating with U.S. intelligence, sparking new political tensions in the country.
Venezuela's oil sector is shaken by the arrest of former minister Pedro Tellechea, revealing ongoing political and economic tensions within the industry.
Venezuela's oil sector is shaken by the arrest of former minister Pedro Tellechea, revealing ongoing political and economic tensions within the industry.
Alex Saab, a businessman released by the United States, succeeds Pedro Rafael Tellechea as Minister of Industry and National Production in Venezuela, thereby strengthening President Nicolas Maduro's efforts to revive the country's industrial sector.
Alex Saab, a businessman released by the United States, succeeds Pedro Rafael Tellechea as Minister of Industry and National Production in Venezuela, thereby strengthening President Nicolas Maduro's efforts to revive the country's industrial sector.
India Intensifies Efforts to Increase Crude Oil Purchases from Brazil Despite Competition from Discounted Russian Oil and Logistical Challenges Related to Maritime Transport
India Intensifies Efforts to Increase Crude Oil Purchases from Brazil Despite Competition from Discounted Russian Oil and Logistical Challenges Related to Maritime Transport
Siemens Energy sues Citgo Petroleum and PDV Holding in Texas to recover $200 million following a Venezuelan payment default.
Siemens Energy sues Citgo Petroleum and PDV Holding in Texas to recover $200 million following a Venezuelan payment default.
Orlen is facing significant cost overruns and governance issues in its Olefins III project, threatening its financial stability and position in the European petrochemical market.
Orlen is facing significant cost overruns and governance issues in its Olefins III project, threatening its financial stability and position in the European petrochemical market.
Oil prices significantly increase after a statement by U.S. President Joe Biden mentioning potential strikes against Iranian oil infrastructures, raising concerns about global supply.
Oil prices significantly increase after a statement by U.S. President Joe Biden mentioning potential strikes against Iranian oil infrastructures, raising concerns about global supply.
Colombia presents an ambitious financing program aimed at reducing its dependence on oil and coal by mobilizing international investments for a low-carbon economy.
Colombia presents an ambitious financing program aimed at reducing its dependence on oil and coal by mobilizing international investments for a low-carbon economy.
ConocoPhillips secured the right to seize payments from PDVSA related to the Dragon gas project between Trinidad and Venezuela. This decision is part of ongoing efforts to recover a $1.33 billion debt linked to the nationalization of its assets.
ConocoPhillips secured the right to seize payments from PDVSA related to the Dragon gas project between Trinidad and Venezuela. This decision is part of ongoing efforts to recover a $1.33 billion debt linked to the nationalization of its assets.

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