Shell’s CEO Wael Sawan told CNBC the company is actively considering multibillion-dollar offshore natural gas investments in Venezuela that could start production in the next few years, pending regulatory approvals. The comments mark one of the clearest public signals yet that Shell is weighing a major push into Venezuelan energy assets after years of sanctions and uncertainty. The potential targets are offshore gas opportunities. Sawan said these projects could be activated within months, which is about as tight a timeline as Big Oil ever…

Shell’s CEO Wael Sawan told CNBC the company is actively considering multibillion-dollar offshore natural gas investments in Venezuela that could start production in the next few years, pending regulatory approvals. The comments mark one of the clearest public signals yet that Shell is weighing a major push into Venezuelan energy assets after years of sanctions and uncertainty. The potential targets are offshore gas opportunities. Sawan said these projects could be activated within months, which is about as tight a timeline as Big Oil ever…

5 de febrero de 2026.- Más manifestaciones en contra de la administración de Trump surge por todo el país, en Los Ángeles estudiantes dejan las clases y salen a las calles a protestar. Miles de estudiantes de escuelas secundarias y preparatorias de la ciudad abandonaron este día los salones de cl...

As US Vice President JD Vance prepares to visit the Caucasus, Armenia is sending signals that it is leaning toward selecting an American company to build a new nuclear reactor to replace the antiquated, Russian-built Metsamor facility.   Armenia's minister of territorial administration and infrastructure, David Khudatyan, told journalists on February 3 that the government has decided the new nuclear plant would have a modular design. That is good news for the United States, which is widely recognized as the global leader in modular…

Chevron is reshuffling senior leadership over strategy, trading, and business development as the company leans harder on execution and integration while oil markets remain choppy. In a Thursday report, Reuters said Patricia Leigh, Chevron’s president of supply and trading, will retire after 35 years with the company. Molly Laegeler, currently chief strategy officer, will succeed Leigh and take responsibility for supply, logistics, and trading effective March 1. Kevin Lyon, who has been overseeing Chevron’s integration work tied to Hess,…

Chevron is reshuffling senior leadership over strategy, trading, and business development as the company leans harder on execution and integration while oil markets remain choppy. In a Thursday report, Reuters said Patricia Leigh, Chevron’s president of supply and trading, will retire after 35 years with the company. Molly Laegeler, currently chief strategy officer, will succeed Leigh and take responsibility for supply, logistics, and trading effective March 1. Kevin Lyon, who has been overseeing Chevron’s integration work tied to Hess,…

5 de febrero de 2026.- El presidente de EE.UU., Donald Trump, reiteró el potencial energético que posee Venezuela, un mes después de la agresión militar que terminó con el secuestro del mandatario de ese país, Nicolás Maduro, y de su esposa, Cilia Flores. "Tienen más petróleo que casi nadie e...

A winter wallop that delivered a blast of Arctic air to two-thirds of the United States last weekend brought with it power failures, partially due to snow, ice and falling trees or branches damaging power lines. At least 35 deaths were reported, including three brothers between the ages of 6 and 9 who fell through an iced-over pond in Texas, and two people who were run over by snowplows in Massachusetts and Ohio. The mega-storm reportedly caused blackouts to more than a million customers, especially in Tennessee, Mississippi and Louisiana. As of…

5 de febrero de 2026.- El canciller iraní, Abbas Araghchi, confirmó que las conversaciones nucleares con Estados Unidos se celebrarán el próximo viernes 6 de febrero alrededor de las 10 de la mañana hora local en Mascate, capital de Omán. “Agradezco a nuestros hermanos omaníes por haber hecho todos ...

Privately held MASS Group Holding plans to invest more than €1 billion (~$1.18 billion) in large-scale battery energy storage projects in Romania after reaching an agreement with the Romanian government, Reuters reported on Wednesday. The projects are intended to support Romania’s power grid as renewable generation expands and older conventional capacity continues to decline. According to Reuters, the investment would involve multiple grid-scale battery installations with combined capacity measured in the gigawatt-hour range. Romanian…

Venezuela’s autocratic ruling regime, led by interim President Delcy Rodriguez, recently announced it created the legal framework required to privatize Venezuela’s oil industry, thus ending PDVSA’s monopoly. This is in accordance with U.S. President Donald Trump’s demands and comes at a time when Washington is easing restrictions on trading with Venezuela. While questions loom over whether Venezuela is investable for foreign energy companies, this is huge step in the right direction, removing a key concern for Big Oil. Although…

5 de febrero de 2026.- La presidenta encargada Delcy Rodríguez, designó este miércoles a varios padrino en distintas regiones del país con el fin de fortalecer y consolidar las seis mil comunas de toda Venezuela. En ese sentido, la mandataria nacional nombró al ministro de Pesca y Acuicultura, Ju...

As India is tentatively pulling back from buying Russian oil after the U.S. trade deal, Russia’s crude is being offered in China at widening discounts to attract Chinese refiners, trade sources have told Reuters.     This week, the discount of the ESPO blend that Russia ships from the Kozmino port in the Far East widened to almost $9 per barrel to ICE Brent, up from the $7–$8 a barrel discount of the past months, according to the trade sources. Discounts for Russia’s flagship Urals crude grade shipped from Russia’s…

5 de febrero de 2026.- Irán incautó dos buques petroleros extranjeros en el Golfo Pérsico este jueves, reportó la televisión estatal, alegando que las embarcaciones traficaban combustible. El informe no proporcionó la nacionalidad de los buques ni indicó bajo qué bandera navegaban. El general Hei...

As the geopolitical map of South American oil shifts in early 2026, the contrast between Guyana and Venezuela has never been starker.  In global energy markets, geology is often treated as destiny. If a country has oil, investment and prosperity are assumed to follow. But, in recent years, the contrast between Guyana and Venezuela—two neighbors sitting atop the same prolific basin—offers a powerful rebuttal to that assumption. The two countries share some similarities, but they occupy completely different economic worlds. One is…

5 de febrero de 2026.- El fiscal general, Tarek William Saab, desestimó este día los reportes periodísticos que indican una posible captura del empresario Álex Saab. En declaraciones a los medios, Saab negó que exista tal detención. El abogado de Saab, Luigi Giuliano, aseguró que los rumores so...

La policía rusa destapó una operación de contrabando de un meteorito valorado en más de cuatro millones de dólares que trataron de exportar a Gran Bretaña como escultura de jardín a través del puerto de San Petersburgo, informaron este jueves las fuerzas de seguridad. El objeto, de ...

ConocoPhillips (NYSE: COP) booked lower-than-expected earnings for the fourth quarter as higher production was unable to offset the decline in oil prices. ConocoPhillips reported on Thursday fourth-quarter adjusted earnings of $1.3 billion, or $1.02 per share. That was nearly halved compared with adjusted earnings of $2.4 billion, or $1.98 per share, for the fourth quarter of 2024. The earnings for October-December 2025 were also lower than the $1.07 analyst consensus estimate in The Wall Street Journal.  ConocoPhillips attributed the decline…

ConocoPhillips (NYSE: COP) booked lower-than-expected earnings for the fourth quarter as higher production was unable to offset the decline in oil prices. ConocoPhillips reported on Thursday fourth-quarter adjusted earnings of $1.3 billion, or $1.02 per share. That was nearly halved compared with adjusted earnings of $2.4 billion, or $1.98 per share, for the fourth quarter of 2024. The earnings for October-December 2025 were also lower than the $1.07 analyst consensus estimate in The Wall Street Journal.  ConocoPhillips attributed the decline…

ConocoPhillips (NYSE: COP) booked lower-than-expected earnings for the fourth quarter as higher production was unable to offset the decline in oil prices. ConocoPhillips reported on Thursday fourth-quarter adjusted earnings of $1.3 billion, or $1.02 per share. That was nearly halved compared with adjusted earnings of $2.4 billion, or $1.98 per share, for the fourth quarter of 2024. The earnings for October-December 2025 were also lower than the $1.07 analyst consensus estimate in The Wall Street Journal.  ConocoPhillips attributed the decline…