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'A lot of money is going to be made,' Trump says after meeting oil executives about Venezuela

- 'It was a great meeting we had today with the biggest companies anywhere in the world,' says US president

10.01.2026 Oil

US oil rig count down between Dec. 30-Jan.9

- Number of US oil rigs fall by 71 compared to one year ago

10.01.2026 Oil

Geopolitics and inventories lift oil prices despite oversupply concerns

- Geopolitical tensions and US crude draw support prices, capping downside from Venezuela

09.01.2026 Oil

Trump says US, Venezuela ‘working well together’ on oil rebuild

- US president says previously expected second wave of attacks on Venezuelacanceled, but ships to remain in place for security

09.01.2026 Oil

Oil slips on renewed oversupply concerns despite geopolitical risks

- Prospects of Venezuelan supply return and mixed US inventories weigh on prices

09.01.2026 Oil

Georgia says it will seek facts behind US seizure of Russian-flagged oil tanker and seek information on Georgian crew members

- 6 Georgian citizens reportedly part of 28-member crew of tanker that was seized on Wednesday

09.01.2026 General

Venezuelan supply expectations weigh on oil prices

- Supply surplus fears offset supportive inventory data

08.01.2026 Oil

US energy secretary says Washington to 'indefinitely' sell Venezuelan oil

- Proceeds from sales to be deposited into accounts controlled by US, then 'flow back into Venezuela to benefit the Venezuelan people,' Chris Wright says

08.01.2026 Oil

Venezuela's state-run oil company says it is advancing talks with US on oil sales

- Talks grounded in 'principles of legality, transparency, and mutual benefit' for both nations, says PDVSA

08.01.2026 General

US crude oil inventories down by 0.9% for week ending Jan. 2

- Daily crude oil production decreases to around 13.81 million barrels per day

08.01.2026 Oil

home > related news

Venezuela oil output seen steady after US raid, but China trade faces uncertainty

- US President Donald Trump says interim authorities in Venezuela agreed to transfer up to 50 million barrels of sanctioned oil to US to be sold at market price

07.01.2026 Oil

US vice president says military operation in Venezuela increases control over energy resources

- Washington will 'have more control over the energy resources that exist in the world,' says JD Vance

07.01.2026 General

Oil prices ease as markets weigh Venezuela uncertainty, ample supply

- US president says Venezuela agreed to transfer 30 million to 50 million barrels of oil to the US, a move experts say adds to global oversupply concerns

07.01.2026 Oil

Impact of US actions in Venezuela on North American oil producers remains limited: Fitch

- Fitch says US intervention in Venezuela may benefit US oil firms if it results in policy shifts that enable increased foreign participation in sector

07.01.2026 General

Trump says Venezuela to transfer up to 30-50M barrels of oil to US

- US president says money from sale of Venezuelan oil to be used to benefit both peoples of countries, with US energy secretary tasked with implementing plan

07.01.2026 General

Sanctioned tankers leave Venezuela as US tightens oil blockade

- Several vessels use deceptive tactics while others go dark after departing ports, according to reports

06.01.2026 General

White House official confirms talks with American oil firms over Venezuela have begun

- Secretary of State Marco Rubio and Energy Secretary Chris Wright to lead talks for Trump administration, says senior official

06.01.2026 General

Oil prices ease on prospects of Venezuelan crude returning

- US engagement with oil firms fuels supply expectations, capping geopolitical risk premium

06.01.2026 Oil

Oil prices little changed as markets weigh US move in Venezuela

- Prices open lower in Asian trading and slipped again after a brief rebound, with gains capped by an abundance of supply, despite heightened geopolitical tensions

05.01.2026 Oil

US oil rig count up between Dec. 27-30

- Number of US oil rigs fall by 70 compared to one year ago

03.01.2026 Oil

Akkuyu nuclear power plant moves toward first commissioning phase next year

US consul general says energy is key to $100B US-Türkiye trade goal

South Africa moves to revive nuclear power projects, ramp up research

UK's first small modular nuclear reactors to be built in Wales, prime minister confirms

Türkiye says power system strong amid European blackout

Türkiye's daily power consumption down 1.8% on April 26

Türkiye's daily power consumption up 16.7% on May 22

Türkiye's daily power consumption increases 1.2% on May 10

Climate change protestors block world’s largest coal export port in Australia

US to invest $625M to expand coal industry

Global consortium launches study on carbon capture hubs to support Asia's decarbonization

Global coal demand to remain on a plateau in 2025 and 2026: IEA

Spot market natural gas prices for Tuesday, Nov. 5

Global natural gas investments to reach almost $9 trillion by 2050

Spot market natural gas prices for Thursday, Jan. 5

Turkish president announces more gas reserves found in Black Sea

Spot market natural gas prices for Saturday, Nov. 29

Spot market natural gas prices for Thursday, April 17

Türkiye's natural gas imports up 17.7% in October

Costs double as oil and gas discoveries decline in global markets

Türkiye's LPG production up 2.89% in October

Sri Lanka in talks with Moscow to build LNG terminal, modernize refinery to use Russian oil

LNG supply surplus in 2026 to pressure global gas prices, experts say

Türkiye's LPG production up 27.2% in September

US oil rig count up for week ending Dec. 26

Türkiye to deploy AI in oil and gas exploration

Oil production in Türkiye's eastern region breaks first record in 2024

Oil up in w/e Dec. 15 on demand optimism, central bank interest rate decisions

Türkiye, Iraq begin talks on new oil transport deal

US oil rig count down by 8 for week ending May 23

US oil rig count down by 6 for week ending June 28

Oil dives as weak US inflation data dashes hopes for interest rate cuts

US oil rig count up by 2 for week ending Sept. 5

US oil rig count down by 9 for week ending April 11

Oil giants' profits slide 15.1% to $182.1 billion in January-September

Oil prices up on expectations of supply delay from OPEC+, recession fears in US

Turkiye's daily wind power generation hits all time high on Jan. 4

Goldwind names Alper Kalayci, localization, supply chain manager in Türkiye

Nordex Group to install 90 MW wind power capacity in Türkiye

China's Dongfang plans $250M wind turbine plant in Türkiye

Türkiye, UAE advance $1B deal for Nigde solar power plant

QatarEnergy, Samsung C&T ink deal to build Dukhan solar power plant

Global solar set for record year after 64% growth in first half of 2025

Citicore secures $77M loan for 125-MWp solar project in Philippines

Hydropower gains new momentum as pumped storage accelerates globally

India launches $77 billion hydropower plan in Brahmaputra river

Türkiye's Orta Asya Investment Holding's hydropower project in Kyrgyzstan to support regional energy transformation

Türkiye's Yusufeli Dam supplies power to 2.5 million people annually

Highlights of Türkiye's energy market in 2024

Climate crisis to push 150M more Africans into poverty by 2050, experts warn

Taiwan starts drilling of 1st deep geothermal well

Türkiye sets new record for daily power consumption with 1.34% increase on July 9

Türkiye's mining exports poised to exceed $10 billion in 2026

Türkiye's energy import bill down 3.4% in October

Türkiye and World Bank agree on $6B energy financing package

Türkiye, Canada's AtkinsRealis launch technical studies on future nuclear projects

ADNOC signs 15-year LNG supply deal with Shell for Ruwais project

OPEC+ agrees to extend group-wide output cuts into 2025

Libya Energy & Economic Summit 2024 to kick off in Tripoli

OPEC+ countries announce daily voluntary output cuts by 2.2 million barrels

Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

Spot market electricity prices for Sunday, Dec. 3

ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

Spot market electricity prices for Thursday, June 8

High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

Spot market natural gas prices for Friday, Dec. 1

Turkey's daily power consumption down 0.77% on Oct. 23

Russian Lukoil starts Chashkino gas-turbine power plant

Gazprom posts 26% loss in 1H20

IRENA kicks off Pre-Assembly Day ahead of 16th Assembly

Uzbekistan sees energy partnership with Türkiye gaining pace through PPP projects and regional green initiatives

Karpowership draws rising interest as it powers eight African nations

World Bank to continue financing new energy projects in Türkiye

Türkiye's LPG production up 12.4% in March

Türkiye's LPG production down 4.3% in December 2024

Türkiye's LPG production down 25% in April 2024

Türkiye's LPG production up 15% in December 2023

EU gas imports to fall 25% by 2030 as bloc exceeds demand reduction targets

Former Lithuanian FM warns Russia's shadow fleet threatens EU security

Turkmen natural gas set to reach Türkiye on March 1