Keywords: Oil sector


Venezuela launches major debt restructuring amid economic challenges

Venezuela has officially launched a broad restructuring of its public debt in an effort to stabilize the national economy and restore confidence among international investors after years of financial crisis and default. The restructuring process includes debt linked to the Venezuelan government and......

United States sanctions Iraqi oil official and militias over alleged Iran ties

The United States has imposed new sanctions targeting senior Iraqi officials and militia leaders over alleged support for Iran, in a move highlighting ongoing tensions in the Middle East energy and security landscape. The U.S. Department of the Treasury announced measures against Iraq’s deputy......

Yale report links Russian oil sector to deported Ukrainian children

A recent Yale University report alleges that major Russian state-owned oil companies, Rosneft and Gazprom, financially supported wartime camps where over 2,000 Ukrainian children were forcibly relocated. The report claims that the companies facilitated transportation and funding for these camps between......

Venezuela’s interim president calls for dialogue with the opposition

Venezuela’s interim president, Delcy Rodriguez, has called for dialogue with the country’s opposition, stressing the need to reach political agreements in the interest of national stability. Her appeal comes just weeks after dramatic political developments that led to the capture of President......

Libya’s fuel scandal: court ruling exposes systemic flaws in oil sector oversight

The overturning of Imad Ben Rajab’s 2023 conviction by Libya’s Supreme Court has revealed systemic weaknesses in the country’s oil and fuel import processes. Beyond clearing Ben Rajab’s record, the case has illuminated gaps in oversight, testing standards, and institutional coordination,......