Energy Secretary Chris Wright said revenue from Venezuelan oil would be 'deposited into accounts controlled by the US government'. EPA

US wants to control Venezuelan oil sales indefinitely, Energy Secretary says

Chris Wright says 'without large leverage … you don't get change'

Energy

Four Opec+ producers plan to triple compensation cuts by June

Energy

Masdar commits $15bn to global clean energy projects in 2025

Energy

Adnoc finalises investment for Sarb gas project that will power 300,000 homes

Energy

Venezuela to turn over up to 50 million barrels of oil to US, Trump says

US

Egypt to export gas and petroleum products to Syria

Energy

Venezuelan oil output could hit 1.2 million bpd by end of 2026 without sanctions

Energy
Dana Gas drilled four wells in Egypt last year and plans to deliver seven this year.

Dana Gas receives $50m from Egyptian government with plans to boost operations

Company expects to deliver seven gas wells in 2026 as part of its investment in the country

Energy

Business Insights Monroe to Don-roe: US asserts resource control politics with Venezuela

Energy

Opec+ opts for caution as US takeover of Venezuela oil adds supply risks

Energy

What impact will the US attack on Venezuela have on oil prices?

Energy

Oil down at start of 2026 amid geopolitical tensions and oversupply concerns

Markets

UAE fuel prices to start 2026 with drop in January, with diesel down more than 10%

Energy

Oil poised for sub-$60 territory in 2026 amid rising output

Energy
The wreckage of a drone in the Ukrainian city of Zaporizhzhia. Russia and Ukraine have accused each other of New Year's Day attacks. AFP

Oil down at start of 2026 amid geopolitical tensions and oversupply concerns

Brent and WTI lost nearly 20% in 2025 – the worst annual showing since 2020

Markets

UAE fuel prices to start 2026 with drop in January, with diesel down more than 10%

Energy

Oil poised for sub-$60 territory in 2026 amid rising output

Energy

Taqa and Ewec complete $980 million Al Dhafra power plant deal

Energy

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