Friday, July 10, 2026
Venezuela issues sweeping oil regulations to expand private sector role- oil and gas 360

Venezuela issues sweeping oil regulations to expand private sector role

(World Oil) – Venezuela’s interim government published long-awaited oil regulations on Thursday that effectively end the decades-long control of national oil company Petróleos de Venezuela SA (PDVSA) over the country’s lifeblood industry. Spanning 29 pages in the Official Gazette, the regulations lay out rules for the private sector to operate, from wellhead to fuel pump, as well as fiscal terms, with a range

Canada’s energy basins: A different kind of resource story- oil and gas 360

Canada’s energy basins: A different kind of resource story

(By Oil & Gas 360) – Part I – Canada’s oil and gas story has never followed the same path as the United States. It hasn’t been defined by speed, short-cycle production, or the ability to rapidly scale in response to price. Instead, it has been built on something else entirely: size, longevity, and resource depth. That difference shows up most clearly in

U.S. oil and gas firms sign deals to operate in Venezuela- oil and gas 360

U.S. oil and gas firms sign deals to operate in Venezuela

(Oil Price) – Venezuela has signed agreements with two U.S. energy firms to operate in the country as a growing number of international oil and gas companies are vying to return to the world’s biggest crude resource holder. The Venezuelan government of interim President Delcy Rodríguez has just signed agreements with U.S. firms Hunt Overseas Oil Company and Crossover Energy, which plan to

Africa targets regional energy hubs to unlock oil and gas investment- oil and gas 360

Africa targets regional energy hubs to unlock oil and gas investment

(World Oil) – The African Petroleum Producers Organization is advancing plans to develop regional energy hubs aimed at improving infrastructure connectivity and scaling oil and gas investment across Africa. The strategy focuses on linking pipelines, processing facilities, LNG infrastructure and refining capacity to create more integrated regional markets. The approach is intended to address long-standing constraints that have limited the development and monetization

Mexico’s oil and gas sector needs certainty to drive investment, AMEXHI says- oil and gas 360

Mexico’s oil and gas sector needs certainty to drive investment, AMEXHI says

(World Oil) – The Mexican Association of Hydrocarbons Companies (AMEXHI) has expressed support for the federal government’s gas strategy aimed at strengthening energy sovereignty, while emphasizing the need for improved investment conditions to advance oil and gas development. The industry group said that enhancing competitiveness, regulatory certainty and physical security will be critical to attracting capital and accelerating upstream activity in

The global supply reset: Africa back in play- oil and gas 360

The global supply reset: Africa back in play

(By Oil & Gas 360) – Africa is moving back to the center of global energy strategy, and this time, the interest looks more durable. After years of underinvestment driven by capital discipline, energy transition pressures, and above-ground risk, oil majors and independents are once again allocating capital across key African basins. The shift is being driven by a familiar

U.S. Electricity Demand Surge: Forecasts and investment outlook: by Oil & Gas 360- oil and gas 360

The Power Behind the AI Boom: Why U.S. electricity demand is rising again: by Oil & Gas 360

(By Oil & Gas 360) – For nearly two decades, electricity demand in the United States remained largely unchanged. Efficiency improvements, slower industrial growth, and shifts in the economy kept overall power consumption relatively flat. That period may now be ending. Electricity Demand Outlook A combination of artificial intelligence infrastructure, data center expansion, electrified transportation, and the reshoring of manufacturing is beginning

Canada to boost investments in Ukraine’s energy sector- oil and gas 360

Canada to boost investments in Ukraine’s energy sector

(Investing) – PARIS – Canada will step up support to Ukraine’s energy sector, working with industry to supply oil and gas equipment on favourable terms and boost renewable energy investments, the two governments said on Wednesday. Russia has targeted power stations, electricity transmission lines and gas facilities as part of its full-scale invasion of Ukraine, which began in February 2022. Russian

Equinor not planning Venezuela return after Maduro capture- oil and gas 360

Equinor not planning Venezuela return after Maduro capture

(Oil Price) – Equinor does not consider returning to Venezuela, which it quit years ago, Anders Opedal, the chief executive of the Norwegian energy major, told Reuters on Wednesday. Following the capture of Nicolas Maduro by U.S. forces, the industry is buzzing with talk about the opportunities for Western, especially U.S. oil firms, in Venezuela, the holder of the world’s biggest proven oil reserves estimated

Venezuela oil investment faces long timelines, ANZ says- oil and gas 360

Venezuela oil investment faces long timelines, ANZ says

(World Oil) – Investors betting on growth in Venezuela oil output will need deep pockets and patience, as aging infrastructure will require billions of dollars in spending, according to Australia and New Zealand Banking Group Ltd. The regular timeframes to increase oil output are likely to be longer in Venezuela than elsewhere due to the challenges faced by the industry, strategists

African oil giants advance IPO plans to attract investment- oil and gas 360

African oil giants advance IPO plans to attract investment

(World Oil) – In a bid to bolster investment and competitiveness within Africa’s oil and gas sector, national oil companies (NOCs) in Nigeria and Angola are progressing with long-anticipated initial public offerings (IPOs). These IPOs are poised to attract significant global investment, providing much-needed capital to enhance production capabilities, improve infrastructure and foster long-term growth. This move reflects a broader

Alaska looks to lure Asian investors in $44-billion LNG project- oil and gas 360

Alaska looks to lure Asian investors in $44-billion LNG project

(Oil Price) – Officials from Alaska plan a visit to Japan and South Korea in search of potential Asian investors in the planned $44-billion Alaska LNG project, which is strongly supported by the Trump Administration. State firm Alaska Gasline Development Corporation (AGDC) seeks to advance the Alaska LNG project, designed to deliver North Slope natural gas to Alaskans and export LNG to U.S.