Washington Prepares Broad License to Restart Venezuelan Oil Production
The United States is reportedly preparing to ease long-standing sanctions on Venezuela's oil sector by issuing a broad license, allowing companies to resume crude production for the first time in seve
Eastern Mediterranean Expansion Underpins Chevron’s Growing Global Natural Gas Portfolio
Chevron is strategically increasing its natural gas operations within the Eastern Mediterranean region, a move driven by the sustained global demand for this fu
Siemens Energy is making a substantial $1 billion investment to expand its manufacturing capabilities in the United States, focusing on critical grid infrastruc
OilPrice·Feb 3
Iranian Gunboats Confront U.S.-Flagged Oil Tanker in Strait of Hormuz
Iranian naval forces recently engaged in a provocative maneuver within the Strait of Hormuz, approaching a U.S.-flagged oil tanker in what maritime security sou
OilPrice·Feb 3
Shell Sells 20% Stake in Offshore Orca Project to Kuwaiti Foreign Petroleum Exploration Company
Shell's agreement to divest a 20% interest in its offshore Brazil Orca project to Kuwait Foreign Petroleum Exploration Company signifies a strategic portfolio a