Iran's IRGC says two tankers 'hit mines' in Strait of Hormuz

2 September 2026
Iran's IRGC said two oil tankers struck mines and caught fire in the Strait of Hormuz after being used to attempt an unauthorised transit, in a claim attributed to the Guards and not independently verified.

Pentagon takes stake in Venezuelan oil venture as details of Trump's deal emerge

1 September 2026
Controversial businessman Alejandro Betancourt's NABEP wins 100-year rights to 17 fields, but contradictions over ownership terms and unresolved legal questions cloud the "biggest oil deal in history."

Erdogan provides Saudis with €47.50/MWh price guarantee for 2-GW of solar

1 September 2026
Deal also includes zero-cost land, tax exemptions and offtake assurances.

Turkmenistan starts plugging its methane mega-leaks

1 September 2026
Turkmenistan has sealed eight methane mega-leaks after UN satellite alerts, the first documented repairs by a state long ranked the world's worst for super-emitting leaks from oil and gas facilities.

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