Trump’s Fossil Fuel Push Risks Ceding Global Clean-Energy Leadership to China
President Donald Trump has doubled down on fossil fuels as the cornerstone of U.S. industrial policy, rolling back environmental regulations, expanding oil and gas...
Why Trump is Reopening Venezuela’s Oil to the U.S. Market
The United States is moving to reopen Venezuelan oil exports just weeks after a U.S. military operation removed former Venezuelan president Nicolás Maduro from...
Heavy Oil and Venezuela’s Shifting Role
Venezuela’s place in global energy history is far more substantial than today’s production figures suggest. During the Second World War, the country was nothing...
Why Venezuela’s Oil Wealth Won’t Flow Quickly
Venezuela may struggle to increase its crude oil production for years, despite potential investments from U. S. oil companies promised by President Donald Trump...
Venezuela’s Oil Paradox: Richest Reserves, Crumbling Industry
Venezuela has the world's largest oil reserves, holding about 17% of global reserves, or 303 billion barrels, primarily consisting of heavy oil. Its crude...
How Europe Kept the Lights On: The Gas Suppliers of 2025
Europe entered 2025 at a level of energy security that would have seemed out of reach only a few years ago. Gas storage exceeded...
Who Will Buy Lukoil? The Bidding War for Its International Empire
Russia's Lukoil has until December 13 to negotiate the sale of most of its international assets following U. S. sanctions and the rejection of...
US Sanctions Threaten Russian Oil, Rouble Faces Pressure
The United States has imposed sanctions on Russia's two largest oil companies, Rosneft and Lukoil, starting Friday at 1701 GMT. The move blocks transactions...
The Lukoil Question: A Guide to Its Global Assets and Potential Buyers
Russia's Lukoil is disposing of its international assets following U.S. sanctions. The sale to Swiss trader Gunvor was rejected, prompting a rush for alternative...
A Bite Too Big? The Strategic Hurdles in Gunvor’s Pursuit of Lukoil
Russian energy group Lukoil is looking to sell its foreign assets due to new U. S. and UK sanctions. Gunvor, a Swiss trading firm,...