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Keywords: Oil industry
Pemex chief executive Víctor Rodríguez is facing growing uncertainty over his future as internal tensions, financial pressures, and operational setbacks continue to affect the struggling energy giant, according to sources familiar with the matter. The leadership of the Mexican state oil......
A growing separatist movement in the Canadian province of Alberta is pushing toward a potential referendum on independence. Once considered marginal, the movement has recently gained visibility and support, reflecting deeper political and economic frustrations within the region. Petition brings referendum......
The Abu Dhabi National Oil Company (ADNOC) has announced plans to invest $55 billion in new projects over the next two years, marking a significant expansion of its long-term growth strategy in the global energy sector. According to an official statement released on Sunday, the company confirmed that......
China’s Ministry of Commerce announced that it has taken legal measures to block sanctions imposed by the United States on five Chinese oil refineries, escalating tensions between the world’s two largest economies. According to official statements reported by state media, the decision aims......
French energy company TotalEnergies has confirmed the temporary shutdown of the Satorp refinery in Saudi Arabia following recent attacks that damaged part of the facility. The decision was taken as a precautionary safety measure after incidents occurred during the night of April 7 to 8. According to......
The US Treasury Department has granted a one-month extension on sanctions relief for Serbia's NIS oil company, majority-owned by Russian entities, pushing the deadline to February 20, 2026. This move provides the Balkan nation breathing room to secure winter fuel supplies amid ongoing talks to divest......
President Donald Trump announced this week that American oil companies could begin operations in Venezuela within 18 months, as his administration ramps up initiatives to revive the South American nation's battered petroleum industry following the arrest of President Nicolás Maduro over the......
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,......
The Spanish agricultural industry is anxiously awaiting the potential re-imposition of tariffs on olive oil by the Trump administration. This industry, particularly in Madridejos, Toledo, supports over 60 families and has been a pillar of the local economy for generations. Olive groves stretch across......