Trump Moves to Roll Back Methane Rules During Texas Midterm Campaign Rallies

Trump Moves to Roll Back Methane Rules During Texas Midterm Campaign Rallies

President Says Changes Will Reduce Energy Costs and Boost Oil Production as He Mobilises Support for Republicans U.S. President Donald Trump has announced plans to roll back federal regulations targeting methane emissions from the oil and gas industry, using a campaign rally in Lubbock, Texas, to promote his administration’s energy agenda ahead of the November […]

Venezuela Projects Nearly $76 Billion in Oil Investment Over Five Years

Venezuela expects to attract nearly $76 billion in oil investment over the next five years as the country moves to revive its struggling energy industry and expand crude production, acting President Delcy Rodríguez has announced. Speaking on national television on Saturday, October 17, Rodríguez said recently signed agreements included a bilateral deal with the United […]

Liberia Offers 29 Offshore Blocks in 2026 Oil and Gas Licensing Round

Liberia Offers 29 Offshore Blocks in 2026 Oil and Gas Licensing Round

Liberia has launched its 2026 oil and gas licensing round, offering 29 offshore blocks through direct negotiations in a bid to attract international energy companies, increase exploration and develop its petroleum sector. Liberia has launched its 2026 oil and gas licensing round, offering 29 offshore blocks as the West African nation seeks to attract international […]

Trump Announces Major Oil, Gas and Mineral Exploration Plans in Greenland

US President Donald Trump has announced that large-scale oil, gas and mineral exploration is preparing to begin in Greenland, highlighting the Arctic island’s potential natural resources and strategic importance. In a post on his Truth Social platform on Wednesday, Trump claimed that Greenland could hold vast quantities of easily accessible oil. However, he provided no […]

India’s MRPL Shuts Refining Units Due to Oil Shortage, Sources Say

New Delhi/Singapore India’s state‑owned Mangalore Refinery and Petrochemicals Ltd (MRPL) has temporarily shut down a crude oil processing unit and several secondary units at its 300,000 barrels‑per‑day refinery in Mangaluru due to a shortage of crude oil supplies, three sources with direct knowledge of the situation said on Thursday. The closures, which began Wednesday evening, […]