Legal uncertainty casts a shadow over the Venezuelan oil opportunity

Legal uncertainty casts a shadow over the Venezuelan oil opportunity

The dismissal of Nicolás Maduro in January marked “an important opening in the way oil business is done” for the Venezuelan oil sector, according to María Ángela Capello, president of Red Tree Consulting. Venezuela’s vast oil resources make talk of an “opening” enormously attractive to American investors, but legal uncertainty threatens to maintain theoretical extraction….

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Aker BP’s Q1 earnings boosted by strong production and rapid advance of Symra Oil

Aker BP’s Q1 earnings boosted by strong production and rapid advance of Symra Oil

Aker BP delivered strong results in the first quarter of 2026, maintaining stable production while advancing several major offshore developments in the Norwegian North Sea. The company reported net production of 398,000 barrels of oil equivalent per day (boepd) during the quarter, with production efficiency across the portfolio reaching 97%, underscoring continued operational reliability across…

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