Massive methane emissions from Venezuela’s decaying oil infrastructure are raising alarms among energy analysts and threatening to derail efforts by the Trump administration to restart heavy crude production.

Ukraine exported more than 11.2mn cubic metres of biomethane to the EU in 2025 in the debut year of the business, UBN reported on January 9.

Oil prices climbed for second consecutive day on January 10 with Brent rising 0.71% to $62.43 per barrel on Venezuela and Iran supply concerns, heading for third weekly gain.

The Japanese administration has formally sanctioned a monumental draft budget of $780bn for the fiscal period commencing April 1 2026.