Thursday, June 4, 2026

Exxon Ships Have Not Returned to Area of Venezuela Dispute: Guyana

From Reuters Seismic research vessels hired by Exxon Mobil to explore for oil off Guyana’s coast have not returned to the site of a December incident with Venezuela’s navy, but they may in the future, Guyana’s foreign minister said on Thursday. Guyana, with no history of oil production, has become the focus of intense interest since Exxon announced the discovery

Canada Regulator Issues Draft Conditions in Trans Mountain Review

From Reuters Canada’s energy regulator released draft revisions of conditions and new recommendations on Thursday as part of the Trans Mountain oil pipeline expansion re-review, ordered last year after a Canadian court overturned the approval of the project. The National Energy Board proposed amendments to existing conditions related to marine safety and mammal protection, and introduced 13 new draft recommendations

India’s Iranian Oil Imports Slide in December Under U.S. Pressure

From Reuters India’s oil imports from Iran fell by 41 percent in December to 302,000 barrels per day oil (bpd), ship tracking data reviewed by Reuters showed, as pressure from U.S. sanctions took effect. The United States introduced tough sanctions aimed at crippling Iran’s oil revenue-dependent economy in November but gave a six-month waiver to eight nations, including India, which