English Edition

US Allows Oil Majors to Broadly Operate in Venezuela, New Energy Investments

US Allows Oil Majors to Broadly Operate in Venezuela, New Energy Investments

The U.S. eased sanctions on Venezuela's energy sector on Friday, issuing two general licenses that allow global energy companies to operate oil and gas projects in the OPEC member and for other companies to negotiate contracts to bring in fresh investments

Norway Oil Investments Set to Decline in 2026, Survey Shows

Norway Oil Investments Set to Decline in 2026, Survey Shows

Norwegian oil and gas investments are expected to decline this year and next as many field developments are completed while fewer new projects begin, a quarterly survey of the industry showed on Thursday

Turkish Petroleum and BP Sign Pact on Oil, Gas Cooperation

Turkish Petroleum and BP Sign Pact on Oil, Gas Cooperation

National energy company Turkish Petroleum (TPAO) and British energy major bp have signed a memorandum of understanding to enhance cooperation in oil and natural gas, including potential collaboration in Iraq, Türkiye's energy and natural resources minister announced on Thursday

India Will Use More Coal Over the Next 25 Years, Report Says

India Will Use More Coal Over the Next 25 Years, Report Says

India's coal consumption could more than double by mid-century before plunging sharply as the country shifts toward cleaner energy, long‑term projections published by government think-tank NITI Aayog show

North Macedonia Unveils 5.7 Billion Euro Renewables Plan

North Macedonia Unveils 5.7 Billion Euro Renewables Plan

North Macedonian Energy Minister Sanja Bozhinovska presented the Annual Plan for the Construction of Energy Facilities for 2026. As part of the plan, 284 initiatives were submitted to the Ministry by investors in response to the public call launched in September 2025. After the evaluation, 67 applications were approved for facilities exceeding 1 megawatt (MW).

Vertical Gas Corridor  - Its Role in Central and Southeast Europe

Vertical Gas Corridor - Its Role in Central and Southeast Europe

At a high-level summit in Athens in November, P-TEC, three US ministers presented a US strategy to establish energy dominance over a wide region that that includes southeastern Europe and the Mediterranean that aims to bring any dependence on Russian energy to an end and stop Chinese influence in the region.

OMV Led Consortium Finds No Gas in the Bulgarian Black Sea

OMV Led Consortium Finds No Gas in the Bulgarian Black Sea

The consortium, consisting of Austrian‑Romanian OMV Petrom, Israeli NewMed Energy and the Bulgarian state-owned Energy Holding, began drilling in December 2025 in the Vinekh area of the Han Asparuh block, located in Bulgaria’s part of the Black Sea

Shell Needs Big Discovery or Deals as Oil, Gas Reserves Dwindle

Shell Needs Big Discovery or Deals as Oil, Gas Reserves Dwindle

Shell needs an acquisition or exploration breakthrough to make up for an expected production shortage of 350,000-800,000 barrels of oil equivalent per day by 2035 due to maturing fields unable to meet its output targets, the company and analysts say

Iran Says Talks with US in Oman Were Good Start, Will Continue

Iran Says Talks with US in Oman Were 'Good Start', Will Continue

Nuclear talks between Iran and the United States held in Oman on Friday were a good beginning and will continue, Iran's foreign minister said, after growing concerns that a failure in the high-stakes negotiations could set off another Middle East war

EU Weighing Options to Support Industry in Carbon Market Overhaul

EU Weighing Options to Support Industry in Carbon Market Overhaul

The European Commission is looking at various ways to support industries in an upcoming overhaul of the EU carbon market to prevent them moving to areas with lower pollution standards, the head of the Commission’s climate department said late on Wednesday.