US Strikes on Venezuela: Will Global Energy Shift?
US strikes on Venezuela in early 2026 raised global oil jitters, but ample supply, OPEC+ control, and big hurdles mean lasting impact is limited.
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Beihai Power Plant Goes Full Throttle: 4 Units Now Powering Guangxi ⚡
Beihai Power Plant’s fourth 1,000 MW unit is online after 168-hour testing, boosting capacity to 96 million kWh/day and meeting 1/7 of Guangxi’s power needs.
Trump Revives Demand for Venezuela’s Oil Assets
Earlier this week, Trump revived his call for Venezuela to return oil assets seized decades ago, stepping up an energy showdown that’s sparking global debate.
Sinopec Strikes 100M-Tonne Shale Oil Jackpot in Sichuan Basin!
Sinopec’s Qiluye-1 well taps a 100M-tonne shale oil reserve in the southern Chinese mainland, launching a new era of energy exploration in the Sichuan Basin.
Putin: U.S. Oil Sanctions Are ‘Unfriendly Act’ But Won’t Hurt Economy
Putin calls new U.S. sanctions on Rosneft and Lukoil an “unfriendly act” but says Russia’s economy remains strong as oil prices could rise.
Oil Slips 📉 as IEA Boosts Supply Forecast Ahead of Trump-Putin Meet
Global oil prices fell as the IEA raised its supply forecast, with Brent at $65.67 and WTI at $62.64 ahead of the Trump-Putin meeting in Alaska.