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India’s oil firms strike onshore crude in Abu Dhabi
India’s state-run oil companies have recorded a new overseas upstream milestone with an onshore oil discovery in Abu Dhabi, reinforcing the country’s push to strengthen energy security through international exploration
Colombia launches monitoring plan for strategic gas projects
Colombia’s Ministry of Mines and Energy has launched an institutional monitoring plan for strategic gas projects, aiming to safeguard fuel supply and ensure the reliable operation of the energy system, the ministry stated
Tajikistan signs $250mn investment deal with Ayon Energy for country’s first major solar power plants
Tajikistan and Ayon Energy on January 13 signed a $250mn investment agreement for the construction of the Central Asian country’s first major solar energy project.
Former oil minister says Venezuela can restore output without full industry overhaul
The former official said the technical and legal structures required to sharply raise output are already in place.
China’s Venezuelan oil intake set to drop after US blockade disrupts tanker flows
China’s purchases of Venezuelan oil are poised to decline sharply from February as US enforcement measures disrupt tanker movements following Washington’s assertion of control over the OPEC producer
Trump threatens to cut Venezuela oil lifeline to Cuba after Maduro ouster
The comments mark a sharp shift from remarks days earlier, when Trump suggested Cuba’s government could collapse on its own following the capture of Venezuelan leader Nicolás Maduro
Petrobras' Tupi/Iracema field returns to 1mn bpd output in Brazil
Petrobras' Tupi/Iracema field in the Santos Basin pre-salt has returned to producing 1mn barrels of oil per day (bpd), matching its 2019 record and giving the Brazilian state-owned oil company two fields with this production capacity in the region.
Venezuela oil shipments stir as tankers leave after export freeze
Venezuela’s oil trade showed early signs of movement after weeks of near standstill, with at least two supertankers departing the country on January 12 carrying crude, according to shipping data
Venezuela stocks rally to records as investors bet on post-Maduro shift
The benchmark IBC index has risen more than 130% since January 3, building on a surge that delivered gains of 1,644% in 2025
France’s Vallourec wins Shell contract for Brazil offshore Orca project
French tubular solutions manufacturer Vallourec has secured a contract to supply oil country tubular goods and services for Shell's offshore Orca project in Brazil, with drilling scheduled to begin in April 2027.
SABIC avoids $4bn in future losses with decision to divest from assets outside of Saudi Arabia
Saudi Basic Industries Corporation (SABIC) has said that its decision to divest from numerous assets outside Saudi Arabia has helped stem the potential loss of $4bn in the future.
Laos–Singapore power link moves forward with Tenaga phase two agreement
Tenaga Nasional Berhad (TNB) has entered into a Phase 2 energy wheeling agreement to enable the cross-border transmission of electricity from Laos to Singapore, with power routed through Thailand and Malaysia using existing regional interconnection
Vietnam’s Offshore Wind Ambitions Gain Boost from Fugro–PTSC G&S Deal
Fugro has renewed and expanded its collaboration with PTSC Geos and Subsea Services (PTSC G&S) to support Vietnam’s growing offshore energy sector, with a particular focus on the rapid development of offshore wind projects
Nigeria’s petrol price war continues into 2026
Nigeria’s petrol price war has continued into 2026 with local retail outlets opting to drop the price of petrol below the N739 ($0.52) recommended by the country’s 650,000 barrels per day (bpd) Dangote refinery.
Will Guyana's oil and gas sector be stabilised following US action on Venezuela?
The capture of Venezuelan President Nicolás Maduro by US forces is believed to have substantially reduced geopolitical risks threatening Guyana's rapidly expanding oil sector.
Trump’s Venezuela move exposes China’s need for sanctioned oil, invites China and Russia to buy Venezuelan output
Donald Trump’s intervention in Venezuela has unsettled Chinese crude buyers by highlighting Washington’s capacity to disrupt oil flows from countries under US sanctions, intensifying concerns in Beijing that Iran could be next.
Moscow says Russian firms will keep working Venezuela oil assets
Russia said it will continue operating its oil projects in Venezuela and insisted the assets under development there remain Russian property
Bulgaria generates 34% of electricity from renewables in 2024, says Eurostat
About 33.8% of Bulgaria’s electricity came from renewable energy sources in 2024, up from 29.7% in 2023.
UAE’s Masdar and Montenegro’s EPCG explore joint venture for large-scale renewable energy projects
Bosnian Federation backs faster rollout of gas link to Croatia
Cofides finances Spanish firm's 13.67-MW Colombian solar project
Spanish state-backed financial institution Cofides partnered with Grupo Negratín to construct, operate and maintain the 13.67-megawatt Alma 2 photovoltaic plant in Colombia, which commenced commercial operations in November 2025
TotalEnergies evaluates Venezuela return but demands 'clear framework' for investment
TotalEnergies chief executive Patrick Pouyanné stated from Abu Dhabi the company is "evaluating" options to return to Venezuela, though a "clear framework for investment" is required first, El Periódico de la Energía and World Oil reported.
Istanbul-listed Zorlu sells 135-MW wind plant to Ronesans for $121mn
Renewables company Ronesans Yenilenebilir Enerji, a unit of Turkey's Ronesans Holding, has acquired the 135-MW Gokcedag wind plant from Zorlu Enerji (ZOREN), Ronesans Holding said on January 8.
Guyana oil exports hold steady despite lower crude prices
Shipping data reviewed by OilNOW show that 27 cargoes of roughly one million barrels each left Guyana in December 2025, a volume broadly unchanged from November, confirming that offshore output remained steady even as market conditions deteriorated
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