Energy & Oil

Wednesday, March 4th 2026 - 22:47 UTC
US interior secretary highlights Venezuela’s mineral wealth, says cooperation has “no limits”

US Interior Secretary Doug Burgum said in Caracas on Wednesday that opportunities for cooperation between Washington and Venezuela “have no limits,” highlighting the South American country’s mineral potential during a visit focused on mining and access to critical minerals.
Wednesday, March 4th 2026 - 13:04 UTC
Argentina hits oil output record on Vaca Muerta as Brent tops $80 on Iran war

Argentina posted its highest monthly crude output on official record in January, at a time when global energy markets are again under strain from the Iran–Israel–US conflict and renewed pressure on key supply routes.
Monday, March 2nd 2026 - 21:16 UTC
Revolutionary Guard say Strait of Hormuz is “closed”

Iran’s Revolutionary Guards said on Monday the Strait of Hormuz is now “closed” and threatened to attack any vessel attempting to transit, in the most explicit warning yet against the Gulf’s main maritime chokepoint. A Guards commander said they would set any ship “ablaze” if it tried to pass, according to remarks carried by Reuters.
Monday, March 2nd 2026 - 12:38 UTC
Oil jumps and shares fall as Iran warnings chill Strait of Hormuz traffic and shipping reroutes spread

Global oil prices rose sharply on Monday and European equities fell as the regional conflict intensified, following attacks on vessels near the Strait of Hormuz and Iranian warnings to shipping in a chokepoint through which roughly a fifth of the world’s oil and gas trade moves.
Saturday, February 28th 2026 - 01:29 UTC
Uruguay approves offshore 3D seismic survey for oil exploration, sets marine safeguards

Uruguay’s Environment Ministry on Friday granted operational authorization for a 3D seismic survey in its jurisdictional waters, in an offshore block operated by Chevron, with a specialized vessel already in position and work planned through the end of April.
Thursday, February 26th 2026 - 12:46 UTC
UK government actions to help families with impact of the cost of living

UK Labour government is taking action to help families with the cost of living, “We know that families across the country are feeling the impact of the cost of living - it’s the number one issue impacting working people.
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.