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WORLD

Cyclone triggers outages at major Australian LNG plants

AFP, Published on 27/03/2026

» SYDNEY - Some of the world's largest LNG plants were forced shut on Friday by a cyclone off western Australia, squeezing fuel supplies already stretched thin by war in the Middle East.

WORLD

Cambodia turns to Singapore and Malaysia for fuel

Reuters, Published on 18/03/2026

» SINGAPORE - Cambodia is importing more fuel from suppliers in Singapore and Malaysia to make up for supply shortfalls from Vietnam and China, its energy minister told Reuters on Wednesday, as the US-Israeli war on Iran squeezes fuel availability globally.

WORLD

Will US oil companies be the big winners from the Iran war?

AFP, Published on 04/03/2026

» NEW YORK - Energy prices have surged dramatically since the United States and Israel launched their attack on Iran on Saturday, and that will almost certainly translate into bigger profits.

WORLD

US waives Venezuela oil sanctions as Trump plans visit

AFP, Published on 14/02/2026

» WASHINGTON - US President Donald Trump said Friday he planned to visit Venezuela and reiterated satisfaction with its interim leader, as his administration authorized five major oil companies to operate in the country.

WORLD

Trump claims oil firms have pledged $100bn for Venezuela

AFP, Published on 10/01/2026

» WASHINGTON - US President Donald Trump met with the heads of major oil companies on Friday after saying the world's biggest producers have pledged $100 billion to revive Venezuela's oil sector.

WORLD

Trump: US reaches deal for $2bn in Venezuelan oil

Reuters, Published on 07/01/2026

» Caracas and Washington have reached a deal ​to export up to $2 billion worth of Venezuelan crude oil to the United States, President Donald Trump said on Tuesday, which would divert supplies from China while helping Venezuela avoid deeper oil production cuts.

WORLD

US in 'pursuit' of third oil tanker in Caribbean: official

AFP, Published on 22/12/2025

» WASHINGTON (UNITED STATES) - The US Coast Guard was pursuing another allegedly sanctioned tanker on Sunday, a US official told AFP, as Washington ramps up its pressure campaign targeting Venezuela's vital oil sector.

WORLD

Sea drone attack shuts Russian oil terminal

AFP, Published on 29/11/2025

» MOSCOW - One of Russia’s largest oil terminals halted operations on Saturday following an attack by sea drones, hours before Ukrainian negotiators were headed to the United States for talks on ending the war.

WORLD

Trump unveils investments to power AI boom

AFP, Published on 16/07/2025

» PITTSBURGH - US President Donald Trump went to Pennsylvania on Tuesday to announce $92 billion in energy and infrastructure deals intended to meet big tech's soaring demand for electricity to fuel the AI boom.

WORLD

Maduro party eyes big win as Venezuela opposition boycotts vote

AFP, Published on 26/05/2025

» CARACAS - Venezuelan President Nicolas Maduro's party was eyeing a landslide victory in legislative and regional elections Sunday, after a wave of arrests of opposition members who called for a massive boycott of the vote.