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Sunday, February 22, 2026
TopicOil reserve

Topic: oil reserve

Trump has big plans for Venezuela’s oil. Are they realistic?

Trump is urging Exxon Mobil, Chevron, ConocoPhillips and others to invest $100 billion to rebuild the sector. The companies themselves are cautious if not circumspect.

Exxon calls Venezuela ‘uninvestable’ as Trump pushes his oil plan

‘If you don’t want to go in, just let me know, because I’ve got 25 people that aren’t here today that are willing to take your place,’ Trump told executives.

Venezuela interim govt to turn over 50 million barrels of sanctioned oil to USA, says Trump

US President further said the oil will be sold at market price, and proceeds will be controlled by him to ensure they benefit Americans and Venezuelans.

Pakistan has a plan to shore up oil exploration. An artificial island 30 km off Sindh coast

After a renewed interest in Pakistan's 'massive oil reserves' by US President Trump, drilling efforts in the country have seen a drastic increase.

More rhetoric than reality? What are ‘massive’ Pakistani oil reserves Trump has promised to develop

Remains to be seen whether US promise is more rhetoric than reality, Pakistani economist Javed Hassan tells ThePrint. He says Trump’s posts suggest desperation to get India deal. 

Hours after slapping tariffs on India, Trump declares deal with Pakistan to develop oil reserves

American president did not name oil company which will lead exploration & development of Pakistan’s oil reserves. The bilateral tie has seen an uptick especially after Op Sindoor.

What happened in Assam’s Baghjan — doctor who worked at Oil India for 30 yrs breaks it down

On 9 June, a massive fire broke out at an oil field in Assam's Baghjan. A doctor who previously worked with the company explained the incident. Read full text here:

The world is on the brink of running out of places to store oil

With only 1.6 billion barrels of storage capacity available, producers will be forced to cut output soon as there’ll be no place left to put unwanted crude.

How Saudi Arabia, Iraq and Russia can make up for a global oil shortfall

While Saudi Arabia and Russia seek to boost output, Iraq has already produced a record 4.66 million barrels by September this year

On Camera

Nick Jonas wearing a mangalsutra is validation for many Indians. He’s our favourite jiju

Nick Jonas is not trying to modernise the mangalsutra, but his gesture shows that choices can be equal. If commitment must be flaunted, it need not be gendered.

In the West, there’s anxiety. In India, optimism—Rishi Sunak says India poised to be leader in AI

On Wednesday, the former UK Prime Minister Rishi Sunak was speaking in New Delhi at a Carnegie & Observer Research Foundation event on AI.

Suspected brake failure leads to Tejas accident after landing, airframe likely to be written off

The IAF, so far, remains mum on this accident which has led to grounding of the fleet for safety checks.

No country is ever fully sovereign. Cold War era taught India its real meaning

India’s fraught neighbourhood places multiple constraints on its strategic choices. It leaves no time to take a deep breath, lean back and reset.