Venezuela Revives Stored Oil Rigs as Contract Reforms Spark Industry Momentum
Oilfield service companies are beginning to retrieve and refurbish drilling rigs and specialized equipment long kept idle in Venezuela, signaling renewed optimism in the country’s energy sector. The move comes as the government advances...
Trump Announces New U.S. Refinery Backed by Reliance Industries
U.S. President Donald Trump has announced plans to build a new oil refinery on the southern U.S. border, backed by India’s Reliance Industries, the operator of the world’s largest refining complex. The 168,000 barrels-per-day...