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Sunday, March 15, 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

Menstrual leave doesn’t work in ‘real world’. And that real world is designed by, for men

When a woman menstruates, when/if she decides to marry, when/if she decides to have kids, should not be factors when looking at a woman’s potential from a hiring standpoint.

US strike on Iran’s key oil export island Kharg raises fears of wider supply disruption

President Trump said the US had bombed military targets on Kharg Island in the Persian Gulf, but spared oil infrastructure.

Supreme Leader Mojtaba, the man Iran must keep alive & the secret force ‘tasked with it’—all about NOPO

The Nirouyeh Vijeh Pasdaran Velayat, or NOPO, was the only force Ali Khamenei trusted.It was founded in 1991 and is more feared than the Revolutionary Guards.

Peaceful power transfers followed uprisings in India’s neighbourhood. It’s a sign of mature democracies

Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.