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Venezuela’s Oil Production Grows at a Crucial Time Despite Challenges
Venezuela’s oil production is growing at a crucial time, with conflict in the Middle East disrupting traffic in the Strait of Hormuz, thereby crimping global petroleum supply. Since the U.S. captured President Nicolas Maduro in a daring night raid in early January 2026, Venezuela’s petroleum output has soared to multiyear highs. Recent regulatory reforms, the easing of U.S. sanctions and greater foreign investment are all key to reviving Venezuela’s struggling petroleum sector and increasing...
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Philippines Could Become the World's First Geologic Hydrogen Hub
The Philippines is shaping up to be ground zero for the global geologic hydrogen revolution. The Southeast Asian nation reportedly has the largest natural hydrogen seeps anywhere on Earth, indicating that huge volumes of hydrogen could be stored under the ground, waiting to be exploited. If the Philippines is able to become the world’s first test case for a commercially viable geologic hydrogen operation, it would be groundbreaking for the country’s economy and energy security, not to mention...
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The Strait of Hormuz, the Middle East’s main choke point, is effectively closed as Iranian attacks on vessels continue, and the ripple effect is tearing through global supply chains. While crude oil and natural gas disruptions have grabbed headlines, liquefied petroleum gas (LPG) also finds itself at the center of the crisis. The United States leads the world in LPG exports by a wide margin. However, the Gulf countries remain a critical supply center: Saudi Arabia, the UAE, and Qatar are all...
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(RTTNews) - Extending the losses from the two previous sessions, crude oil prices have inched lower on Wednesday, with disappearing geopolitical risk premium following the U.S. reassurance on the reopening of Strait of Hormuz and a deal with Iran continuing to boost market sentim
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Uzbekistan, one of Central Asia’s economic drivers, is experiencing a significant expansion of Chinese economic influence. Bilateral trade during the first half of 2026 grew to $7.7 billion, according to official Uzbek government data, making China by far Uzbekistan’s largest trade partner. Beijing’s official statistics, meanwhile, put the number even higher – at $8.9 billion. Russia, Uzbekistan’s erstwhile overlord, lags far behind with bilateral trade turnover amounting to $5.8 billion. The...
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China’s dominance in copper processing leaves Western miners dependent on a supply chain governments want to unwind.
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The partnership seeks to promote responsible artisanal and small-scale gold mining.
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While most media are focusing on the financial windfall due to the geopolitical turmoil (Iran war), Saudi Aramco's second-quarter 2026 results hide risks facing the Kingdom. The world’s largest oil producer’s adjusted net income has reached $33.4 billion, taking first-half adjusted earnings to $67.2 billion. Its Q2 reported net income stands at $32.7 billion, an impressive one-third higher than a year earlier. The pure financials are extraordinary results, again without any doubt reinforcing...
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Deal to reopen the Strait of Hormuz may be days away, but the five-month closure and China's export ban have already cut deep into the sulphuric acid supplies that a big chunk of world copper output depends on.
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A study of analyst recommendations at the major brokerages shows that Century Aluminum Co. (Symbol: CENX) is the #40 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index. The Metals Channel Gl
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Oil markets are awaiting a decision from Iran’s supreme leader after Iranian and Omani negotiators reportedly completed a draft agreement that could reopen the Strait of Hormuz, the main export route for Persian Gulf oil and LNG. Two regional officials briefed on the talks told the Associated Press on Wednesday that the draft had been finalized, hours after President Donald Trump said an announcement could come Wednesday or Thursday. The proposed temporary arrangement would direct ships...
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Just a day after details emerged of India’s plans to expand strategic crude oil storage, new reports claim New Delhi is considering a new funding mechanism that would shift part of the cost of a far larger, $42-billion strategic fuel reserve program onto gas consumers. According to Business Standard, the government is considering levies on both liquefied petroleum gas (LPG) and natural gas consumption that would raise about $1.5 billion annually to finance new storage infrastructure. The...