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Questions Mount Over Venezuela's 'Biggest Oil Deal In World History'

Questions Mount Over Venezuela's 'Biggest Oil Deal In World History' Authored by Charles Kennedy via OilPrice,Trump’s $100 billion Venezuela oil deal faces growing scrutiny, as NABEP confronts questions over financing, drilling capacity and its ability to develop 65 billion barrels of reserves.NABEP claims productio…

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'Freed up or congressionally constrained': Is Trump more or less likely to resume war on Iran?

'Freed up or congressionally constrained': Is Trump more or less likely to resume war on Iran? Submitted by Sean Mathews on Wed, 11/04/2026 - 21:14 A collapse in oil prices on Wednesday suggests chances of escalation are dwindling, but some analysts say a bitter Trump might lash out at Tehran During a rally in Tehra…

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UAE Planning Third Oil Pipeline To Bypass Hormuz Chokepoint Mess

UAE Planning Third Oil Pipeline To Bypass Hormuz Chokepoint Mess The United Arab Emirates currently operates one crude export pipeline that bypasses the Strait of Hormuz and announced earlier this year that it was building a second. A third pipeline is reportedly being planned to further expand crude capacity and re…

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Iran Says Four Oil Tankers Destroyed By Mines Near Strait Of Hormuz

Iran Says Four Oil Tankers Destroyed By Mines Near Strait Of Hormuz Authored by Tsvetana Paraskova via OilPrice,Four oil tankers were destroyed after hitting naval mines in an area south of the Strait of Hormuz proscribed by Iran as prohibited for navigation, Iran's Islamic Revolutionary Guard Corps (IRGC) said on W…

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US Diesel Supplies Slump To 23-Year Lows; Oil Prices Lower After Trump's Comments, SPR Drain

US Diesel Supplies Slump To 23-Year Lows; Oil Prices Lower After Trump's Comments, SPR Drain Oil prices extended losses this morning as investors weighed the Democratic sweep of Congress in the Midterms and what it means for President Trump's approach to Iran, amid uncertainty over whether Washington will pursue dip…

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Polar Vortex Threatens Europe As One Cold Blast Could Wipe Out October's Gas Storage Gains

Polar Vortex Threatens Europe As One Cold Blast Could Wipe Out October's Gas Storage Gains The European Center for Medium-Range Weather Forecasts shows signs of an early disruption of the Arctic polar vortex that could send cold air into Northwest Europe as the energy-stricken continent faces a very thin supply buff…

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Africa Launches Its Own Oil Bank As Western Lenders Retreat

Africa Launches Its Own Oil Bank As Western Lenders Retreat Authored by Alex Kimani via OilPrice,Africa now has a bank built to finance the oil and gas projects Western banks and development lenders have dropped under their climate commitments. Afreximbank and the African Petroleum Producers' Organization (APPO) for…

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As US-Iran war shows, China’s influence can’t secure its line to Gulf oil

China is becoming increasingly important to the Gulf’s economic future. Yet the Gulf remains capable of disrupting China’s own. That is the contradiction exposed by the US-Iran war. Beijing’s importance as an energy customer, investor and technology partner has grown, but its ability to guarantee the maritime routes…

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How the UAE-Israel-Morocco threat pushed Algiers to send troops to Niger

How the UAE-Israel-Morocco threat pushed Algiers to send troops to Niger Submitted by Elis Gjevori on Wed, 11/04/2026 - 08:09 Rival gas projects with Morocco and growing Emirati influence in the Sahel drive Algeria’s move to break with its non-intervention doctrine Nigerien President Abdourahamane Tiani and Algerian…

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First 10 Australian songs inducted into the National Songbook after ‘very robust’ judging

Yothu Yindi’s Treaty, Midnight Oil’s Beds Are Burning and Helen Reddy’s I Am Woman are among the first songs to be honoured on new list that will grow every yearWarning: Aboriginal and Torres Strait Islander readers are advised that this article contains images and names of Indigenous Australians who have diedMidnig…

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Iran's IRGC says four tankers ablaze after hitting mines in Hormuz Strait

Iran's IRGC says four tankers ablaze after hitting mines in Hormuz Strait Iran’s Islamic Revolutionary Guard Corps (IRGC) said four "rogue" oil tankers were destroyed after htting naval mines while trying to traverse a route in the Strait of Hormuz that is considered prohibited. The incident occurred south of the wa…

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How China accidentally broke the West’s arms trade monopoly

As Russia has intensified its attacks on Ukraine’s energy infrastructure in recent months, the deployment of fiber-optic drones has proven devastatingly effective. The drones use hair-thin cables to maintain direct connections with operators, making them highly resistant to electronic jamming and essential to both s…

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How penguin poo is making Antarctic snow melt faster

Researchers find the birds’ guano feeds algal blooms that absorb significantly more solar energyPenguin poo is making the Antarctic snow melt faster, a study shows. As temperatures rise, penguins are waddling closer to the south pole, with potential for this previously unrecognised phenomenon to affect a wider area.…

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In Kyiv, hackers sent fake alerts about a nuclear apocalypse. We hardly noticed | Diana Berg

As Europe erupts in furious protests, we prep for a cold, dark winter. Rage and fear require energy we simply don’t haveExplosions woke me at 3am the other night. Sitting on the bathroom floor behind two load-bearing walls, scrolling through Telegram to see where Russian missiles were heading, I noticed the light wa…

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Russia bombards Ukraine power grid before Abu Dhabi talks; Merz urges Moscow to engage

KYIV, Ukraine (Reuters) -- Russia bombarded Ukraine‘s energy infrastructure in waves on Tuesday, knocking out power to large parts of the country with dozens of missiles and hundreds of drones, a week before US-brokered peace talks were due to resume. President Volodymyr Zelenskyy said at least 33 people had been ki…

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Ukraine war briefing: race to free dozens trapped under rubble of Russian strikes on aid hub

Zelenskyy says 33 killed while more than 50 could be trapped in the rubble in Komyshuvakha; Russia hammers Ukraine’s ⁠energy infrastructure. What we know on day 1,715Thirty-three people were killed and more than 50 could be trapped in rubble a day after multiple Russian strikes on a Ukrainian village, Volodymyr Zele…

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