US Promises to Revive Venezuela’s Oil Industry
After the US-led ouster of President Maduro on Jan 3, 2026, the US vows to revive Venezuela’s oil sector. Decades of underinvestment, sanctions, and heavy crude hurdles pose major challenges.
Energy Tech
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Bohai Oilfield Hits Historic 40M Tonnes in 2025 🚀
China’s Bohai Oilfield hit a record 40M tonnes of oil equivalent in 2025, driven by digital upgrades and green tech breakthroughs for energy security and sustainable development.
China’s Liuhua Oilfield Starts Full Secondary Production 🌊🛢️
Liuhua oilfield’s secondary development has kicked in, boosting daily output to 3,900 tonnes and tapping into 140M tonnes of deepwater reserves.