War has halted Gulf oil flow — and restarting it won’t be easy
Paris (France) (AFP) - The war in the Middle East has largely paralysed the Gulf region's crucial oil industry, which ...
Monday, August 3, 2026
Tag: oil industry
Fear, boredom for Philippine sailors stuck in Hormuz strait
Manila (AFP) - Filipino sailor George Miranda was racing to help a stricken vessel aboard the tugboat Mussafah 2 when ...
Only nine commercial ships detected crossing the Hormuz Strait since Monday
Paris (France) (AFP) - Only nine oil tankers, cargo and container ships, some of which at times concealed their position, ...
Brazil’s Petrobras sees profit soar on record output
Sao Paulo (AFP) - Petrobras, Brazil's majority state-owned oil company, said Thursday that its profits nearly tripled last year thanks ...
Texas port humming as Trump ramps up Venezuela oil
Houston (AFP) - A cargo ship teems with workers in hard hats at the Port of Houston, the latest US ...
Repsol says could boost Venezuela oil output over 50% in 12 months
Madrid (AFP) - The boss of Spanish energy giant Repsol said Thursday that his company could boost oil production in ...
US pushes for ‘dramatic increase’ in Venezuela oil output
Caracas (AFP) - US Energy Secretary Chris Wright vowed Wednesday to power a "dramatic increase" in Venezuelan oil output as ...
US top official in Venezuela for oil talks after leader’s ouster
Caracas (AFP) - US Energy Secretary Chris Wright was in Venezuela on Wednesday for talks with acting president Delcy Rodriguez ...
BP profits slide awaiting new CEO
London (AFP) - British oil giant BP announced Tuesday an 86 percent slide in annual net profit, hit by lower ...
US oil giants say it’s early days on potential Venezuela boom
New York (AFP) - ExxonMobil and Chevron said Friday that they were awaiting signs of greater fiscal and legal stability ...
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