Explainer: Venezuela’s billions in distressed debt: who is in line to collect
Investors speculate on recovery values amid political and economic instabilityU.S. sanctions, lack of IMF involvement, among restructuring obstaclesVenezuela’s…
Surging barrels at sea spook oil markets more than Russia or Venezuela
LONDON, Dec 19 (Reuters) – Oil prices slumped below $60 a barrel this week as investors try to…
BP appoints Woodside’s Meg O’Neill as CEO after Auchincloss’ abrupt exit
Item 1 of 2 Meg O’Neill, chief executive officer (CEO) of Woodside Energy, poses for a portrait after…
Israel approves natural gas deal with Egypt, Netanyahu says
Item 1 of 2 The gas platform for Leviathan, Israel’s largest gas field is seen from a helicopter…
Trump orders ‘blockade’ of sanctioned oil tankers leaving, entering Venezuela
Oil prices rise over 1% following blockade announcementTrump labels Venezuelan “regime” a foreign terrorist organizationVenezuela rejects Trump’s “grotesque…
EU imposes sanctions on oil traders with links to Russia’s shipping network
EU targets Murtaza Lakhani, middleman in Iraqi and Russian oilKildiyarov from Lukoil’s Dubai trading arm also targetedLists Etibar…
Philippines says fishermen hurt, boats damaged by China in South China Sea
MANILA, Dec 13 (Reuters) – The Philippine coast guard said on Saturday that three Filipino fishermen had been…
Venezuela oil exports fall sharply after US tanker seizure, sources and data say
Only Chevron-chartered tankers sailing into international watersAbout 11 million barrels stuck in vessels in VenezuelaSome cargoes are onboard…
Supertanker Skipper seized by US near Venezuela is heading to Houston, sources say
HOUSTON, Dec 12 (Reuters) – The oil supertanker Skipper that was seized by the U.S. near Venezuela this…
Ukraine hits Russian oil rig in Caspian Sea for first time, official says
At least four drones hit Filanovsky rig, says Kyiv officialStep-up in Kyiv’s campaign to curb Russian oil and…
EU strikes deal to weaken corporate sustainability laws
EU waters down rules after industry pressureExempts more companies from due diligence, sustainability reporting rulesDrops climate transition plans…
SpaceX to pursue 2026 IPO raising above $25 billion, source says
Dec 9 (Reuters) – Elon Musk’s SpaceX is pursuing an initial public offering next year, looking to raise…