COGNICURRENT

Deputy Prime Minister Aleksandr Novak announced that Russia's recoverable oil reserves could sustain the country's output for over 60 years.

Venezuelan interim leader Delcy Rodríguez met with Shell executives to discuss gas projects, seeking foreign investment to revitalize the country's oil industry amidst U.S. oversight.

The article critiques the Nigerian National Petroleum Corporation (NNPC) by drawing an analogy with the dairy industry and highlighting issues of mismanagement and inefficiency.

The shipping industry is largely reliant on fossil fuels, with a significant majority of new ships being constructed to run on oil or LNG rather than green alternatives.

The UK Southwark Crown Court has heard audio recordings of former Nigerian petroleum minister Diezani Alison-Madueke allegedly confronting oil tycoons over bribery accusations during her trial.

President Nandi-Ndaitwah's sons deny IPC leader's claims of their involvement in the oil industry.

The global ship orderbook reveals that fossil fuels continue to dominate shipping, with around 93%-97% of new vessels still set to rely on oil or LNG.

Russian authorities are cracking down on the dissemination of photos related to a significant fire incident at an oil facility in Tatarstan.

Rubicão S.A., a company connected to Banco Master, acquired a 60% stake in an oil exploration field in Itaparica, Bahia.

Greek food exports are expected to continue to rise this year, driven by key products like olive oil, feta cheese, and yogurt.

Venezuela has begun raising gasoline prices in Caracas as part of efforts to generate new revenues while reopening its oil industry to foreign investment.

Repsol has increased CEO Josu Jon Imaz's salary by 17% to €4.8 million and has taken away the Council's power to adjust his bonuses based on performance.

67 activists receive fines following Extinction Rebellion protests in Oslo targeting the oil and gas industry.

Venezuelan-American oil adviser Evanan Romero has been released after four days of detention in Venezuela, where he faced allegations of fraud and conspiracy.

The article discusses Čepro's record-breaking economic performance in the past year.

Sami Hayek, father of actress Salma Hayek, played a significant role in her life and career while making his mark in the oil and technology industries in Mexico.

The US Secretary of Energy, Chris Wright, visited Venezuela, marking a significant US engagement with the Venezuelan oil industry amidst mixed emotions in the country following Trump's announcement of US control over Venezuela's oil.

The United States has relaxed energy sector sanctions on Venezuela, enabling global oil companies to resume operations and invest in the country's oil and gas industry.

The United States has granted licenses to five oil companies to resume operations in Venezuela amidst a significant political maneuvering led by Trump.

The EU has announced general licenses allowing five oil multinationals to resume operations in Venezuela without sanctions.

Venezuela's acting president Delcy Rodriguez asserts that Nicolas Maduro remains the country's lawful leader despite his recent capture by US forces.

The Tony Blair Institute's latest report advocating for increased North Sea oil and gas production has been criticized for its misleading claims and ties to fossil fuel interests.

Venezuelan interim president Delcy Rodríguez announced she was invited to the US to discuss cooperation with the Trump administration regarding the country's oil industry.

Venezuelan Interim President Delcy Rodríguez has received an invitation to visit the U.S. as discussions about the country’s oil industry and cooperation with American investors progress.

Delsy Rodríguez, the interim president of Venezuela, stated that she has received an invitation to visit the United States.

The article discusses how Western sanctions, ship arrests, and low prices are severely impacting Russia's oil industry.

The U.S. Energy Secretary visited Venezuela to discuss the reconstruction of the country's oil industry with interim President Rodriguez, following significant geopolitical developments.

A group named 'Ogoni Beyond Oil and Politics' is advocating for multinational oil companies to support the recently established Federal University of Environment and Technology in Rivers State, Nigeria, to facilitate the training of local youths for the oil and gas industry.

The Nigerian Federal Government plans to prioritize non-oil exports in 2026 to enhance economic diversification, according to the Minister of Industry, Trade and Investment.

Eroton Exploration and Production Limited is seeking to overturn interim court orders that placed it under administration, presenting multiple legal challenges in Lagos.

The U.S. claims that its relationship with Venezuela has reached a historic turning point, marked by recent discussions about the oil industry during a visit from U.S. Energy Secretary Chris Wright.

The U.S. Secretary of Energy, Chris Wright, meets with Venezuelan interim president Delcy Rodríguez in a bid to revitalize the country's oil industry.

Libya has issued new oil exploration and production licenses to several foreign companies for the first time in 17 years, aiming to revitalize its oil industry amid ongoing political instability.

Comodoro Rivadavia, once the oil capital of Argentina, faces economic decline as investments shift toward Neuquén's Vaca Muerta region.

Exporters in Argentina's oil industry expressed strong opposition to a surprise 24-hour strike by oil workers, which they argue jeopardizes jobs and wages.

US shale oil producers are shifting their focus from domestic markets in Texas and New Mexico to international opportunities amid changing conditions in the industry.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is inviting global investors to participate in Nigeria's upcoming 2025 oil and gas licensing round, emphasizing the investor-friendly changes brought by the Petroleum Industry Act (PIA).

Two Southern European countries expressed concerns about the EU's potential new sanctions on Russian oil, fearing impacts on the shipping industry and energy prices.

Greece and Malta expressed concerns during an EU meeting regarding proposed sanctions against Russia's oil amid fears of negative impacts on the shipping industry and energy prices.

Russian oil industry suffers a significant financial blow of 263 billion crowns due to Ukrainian military actions.

The Nigeria Oil and Gas Industry Games 2026 kicked off with NNPC and TotalEnergies winning in volleyball, while Aradel and NLNG triumphed in table tennis.

Tunisian olive oil imports have surged, causing a price collapse and straining relationships between Italian growers and the bottling industry.

Ukrainian drone attacks have significantly impacted Russia's fuel and insurance industries, causing substantial financial losses.

Namibia's Ministry of Industry raises objections to the acquisition deal between TotalEnergies and Petrobras, citing lack of prior notification and legal requirements for approval.

Greek exports saw a 2.8% decline in 2025, though the food industry showed resilience and growth in certain areas without oil products.

A Niger Delta activist criticized calls to cancel a pipeline surveillance contract awarded to Tantita Security Services, arguing it benefits the region's oil industry.

The global oil industry is still a cornerstone of the energy system, crucial for economies and trade flows, despite the rise of renewable energy sources.

Indian Commerce and Industry Minister Piyush Goyal provided insights into the recent trade deal with the U.S., clarifying that no exemptions were given for agriculture and dairy products, including soybean oil and dals.

Cuba's energy crisis, exacerbated by U.S. petroleum shipment cuts, leads to the closure of beach clubs and hotels, impacting the tourism industry.

The Nigerian Upstream Petroleum Regulatory Commission aims to reduce operating costs in the oil and gas industry by harmonizing regulatory fees and rents to attract more investment.