OIL - Media Talk Africa

Venezuela Oil Seizures US Targets Dozens Tankers

Ifunanya / January 14, 2026

The United States is seeking to expand its control over Venezuela’s oil production and trade, with the Department of Justice […]

Ifunanya / January 12, 2026

The UK government is reportedly planning to deploy its military to seize vessels suspected of being part of a “shadow

Ifunanya / January 12, 2026

US President Donald Trump has warned Cuba that it will no longer receive oil and financial support from Venezuela, urging

Ifunanya / January 11, 2026

India’s largest oil refining firm, Reliance Industries, is seeking US approval to resume purchasing Venezuelan crude oil, according to Reuters.

Ifunanya / January 8, 2026

The United States has announced its intention to sell Venezuelan oil indefinitely, with the revenue generated from these sales being

Ifunanya / January 3, 2026

A high-level meeting between Chinese and Venezuelan officials took place in Caracas, reaffirming the strong economic ties between the two

Ifunanya / January 1, 2026

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced plans to develop new oil fields from 2026, aiming to

Ifunanya / January 1, 2026

Venezuela has closed out a tumultuous year for its economy, marked by a significant surge in the cost of buying

Ifunanya / December 29, 2025

Oil prices increased on Monday as investors assessed the outcome of discussions between the US and Ukrainian presidents regarding a

Ifunanya / December 17, 2025

The Venezuelan government has denounced US President Donald Trump’s oil blockade, stating that his rhetoric is “interventionist and colonialist” and

Ifunanya / December 8, 2025

Oil prices have reached a two-week high as investors anticipate a potential interest rate cut by the US Federal Reserve,

Ifunanya / November 29, 2025

OPEC+ Ministers Unlikely to Alter Oil Output Strategy at Upcoming Meeting Ministers from the Organization of the Petroleum Exporting Countries