Energy & Oil

Saturday, February 14th 2026 - 04:19 UTC
Major fire hits Havana’s Ñico López refinery amid Cuba’s energy crunch

A large fire broke out on Friday at the Ñico López refinery in Cuba’s capital, sending a thick column of black smoke into the sky that was visible from multiple points around Havana Bay. Authorities have not yet disclosed the cause of the blaze or the extent of any damage, while emergency crews remained on scene.
Saturday, February 14th 2026 - 00:05 UTC
Trump says he will visit Venezuela, praises Delcy Rodríguez as U.S. expands oil licences

U.S. President Donald Trump said on Friday he plans to travel to Venezuela, while acknowledging that no date has been set. “I’m going to make a visit to Venezuela,” he told reporters at the White House.
Friday, February 13th 2026 - 18:53 UTC
US lifts key curbs on Venezuelan oil, clearing Repsol and other majors to operate

Washington has issued new authorizations that allow oil-and-gas-related transactions in Venezuela for companies including BP, Chevron, Eni, Repsol and Shell, in a shift that could unlock stalled projects and settle payments previously constrained by US sanctions.
Thursday, February 12th 2026 - 04:10 UTC
US signals easing of energy restrictions after energy secretary’s Caracas visit

Venezuela’s acting President and Oil Minister Delcy Rodríguez met on Wednesday at Miraflores Palace with US Energy Secretary Chris Wright to discuss what the Venezuelan government described as “an energy agenda that benefits both nations,” as bilateral contacts continue to reopen.
Monday, February 9th 2026 - 08:20 UTC
Cuba tells airlines it will run out of jet fuel as of Monday, deepening energy crisis

Cuba has warned international airlines that it will run out of aviation fuel starting Monday, widening an energy emergency that has already disrupted transport, public services and economic activity — and now threatens to further squeeze tourism, one of the island’s main sources of hard currency.
Monday, February 9th 2026 - 04:24 UTC
Paraguay courts AI data centers and green hydrogen with discounted power rates

Paraguay’s government has rolled out a pair of decrees offering preferential electricity pricing to energy-hungry industries—ranging from AI-linked data centers and cloud computing to green hydrogen and other “Power-to-X” projects—betting that the country’s hydroelectric surplus can be converted into investment and higher-value production. The move, however, has triggered pushback from energy experts and a fast-moving labor dispute inside the state utility ANDE.
Saturday, February 7th 2026 - 07:34 UTC
Fuel crunch halts Havana buses, squeezes hospitals and deepens Cuba’s power cuts

Cuba’s fuel shortage is rippling through daily life, with Havana’s urban bus network largely shut down, hospitals preparing to scale back non-urgent services, and longer planned blackouts announced in some areas—while social-media reports pointed to pots-and-pans protests in parts of the capital.
Thursday, February 5th 2026 - 01:00 UTC
Brazilian oil and gas production record in 2025, 4,987million boe/d

Brazil daily production of oil and natural gas in 2025 reached the equivalent of 4,987 million boe/d, a new record, according to the country’s Petroleum National Agency, ANP.
Friday, January 30th 2026 - 05:16 UTC
Trump threatens tariffs on countries supplying oil to Cuba, tightening pressure on Mexico

U.S. President Donald Trump signed an executive order that opens the door to imposing tariffs on imports from countries deemed to be supplying crude oil to Cuba, a move designed to raise the external cost of keeping Havana’s energy lifeline open and further constrain fuel flows to the island.
Friday, January 30th 2026 - 05:11 UTC
US returns seized oil tanker to Venezuela amid broader energy policy shift

The United States government this week returned the seized oil tanker M/T Sophia to Venezuela, reflecting a broader shift in U.S. energy policy toward Caracas amid efforts to normalize commercial ties, U.S. officials said Wednesday. The move comes after several high‑profile seizures of vessels tied to Venezuelan oil shipping.