Trump's Venezuela oil plan: A 14-year, billion-pound fix?
Donald Trump targets Venezuela's dense, heavy oil, but analysts warn it could take 14 years and billions to fix the industry. The Guardian's Jillian Ambrose explains the high-stakes play.
Category : Energy Utilities
Energy bill cut delay creates costly 'winter gap'
A promised £150 energy bill saving won't arrive until April 2026, leaving households exposed to high winter prices. Experts warn of a 'winter gap' and suggest ways to protect yourself now.
US Seeks Indefinite Control Over Venezuela Oil Sales
The White House plans indefinite control of Venezuela's oil sales, with Trump overseeing billions in revenue. US sanctions may ease as tensions with Russia and China flare.
Berlin's 3-Day Blackout After Anarchist Arson Attack
A leftwing anarchist arson attack plunged south-west Berlin into darkness for over three days, cutting power to 45,000 homes and critical services. Residents demand answers on infrastructure security.
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Dad and daughter keep London's lights on for 64 years
Meet Terry and Sarah Day, the father-daughter team with 64 years of service at UK Power Networks, sharing their story of loyalty, pride, and keeping London powered.
Oil prices fall on Trump's Venezuela crude deal
Global oil prices dropped after Donald Trump said Venezuela would hand over up to 50 million barrels of sanctioned crude to the US, threatening an oversupplied market. Read the full analysis.
Trump: Venezuela to give US 'high quality' oil
President Trump announces Venezuela's interim government will provide 30-50 million barrels of oil, worth over $2bn, to the US. The proceeds will be under his direct control. Read the latest on this major energy development.
Trump Announces Major Venezuela Oil Deal
Donald Trump announces Venezuela will supply up to 50 million barrels of oil to the US, with proceeds under his personal control. Read the latest on this major energy development.
Japan nuclear plant hit by 6.2 magnitude earthquake
A powerful 6.2 magnitude earthquake struck the Shimane Nuclear Power Station in western Japan. Officials report the plant is operating normally with no irregularities detected. Read the latest updates.
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Trump's Venezuela Oil Plan Faces Industry Doubt
Experts question Trump's 18-month timeline for US oil investment in Venezuela. Firms demand 'iron-clad' US guarantees before committing billions to rebuild the nation's crumbling infrastructure.
Trump's Venezuela Oil Plan Relies on US Firms
President Trump wants US oil companies to revive Venezuela's industry, but sanctions, infrastructure, and political uncertainty pose major hurdles. Analysis of the risks and rewards.
Trump Suggests US Taxpayers Could Fund Venezuela Oil Repairs
Donald Trump suggests US taxpayers could reimburse energy giants for repairing Venezuela's oil infrastructure after Maduro's ousting. Key meetings with Chevron, Exxon, and ConocoPhillips are planned.
Protect your winter energy bills with a fixed tariff
As energy costs remain high this winter, Utility Warehouse offers a way to lock in rates and bundle services for savings. Discover how to take financial control.
Why Trump Wants Venezuela's Oil Industry
Analysis of the US action against Nicolás Maduro and the strategic appeal of Venezuela's vast oil reserves to American energy interests under Trump's policy. Listen to the full podcast.
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Big Oil Wary of Rushing Back to Venezuela, Analysts Say
Despite Donald Trump's call for US oil firms to invest billions in Venezuela's crumbling industry, experts warn of high costs and political risks. Discover why a stampede is unlikely.
Trump's Venezuela Oil Plan: A Muted Market Response
Donald Trump's plan to extract wealth from Venezuela's heavy crude is a long-term play for US Gulf Coast refineries. We analyse the muted market reaction and the $185bn challenge.
Phillips 66 buys collapsed Prax Lindsey oil refinery
US energy firm Phillips 66 acquires the collapsed Prax Lindsey refinery in Lincolnshire, guaranteeing jobs for 250 staff until March and boosting UK fuel supply. Read the full story.
Lindsey Refinery Buyer Rules Out Restarting Fuel Production
Phillips 66 acquires the Lindsey Oil Refinery but confirms it will not resume fuel making, casting doubt over the future of 250 jobs. The deal aims to boost UK energy security.
Claim £150 Warm Home Discount Before February 28
UK state pensioners could secure a £150 energy bill discount this winter. Learn the eligibility criteria and the crucial February deadline to claim your support.
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Can US Investment Reverse Venezuela's Oil Production Slump?
Following the removal of Nicolás Maduro, Donald Trump pledges billions in US investment to revive Venezuela's vast but declining oil industry. Analysis reveals the immense scale and challenges ahead.
US aims to revive Venezuela's oil after Maduro's removal
Following the US intervention in Venezuela, Donald Trump pledges billions in American investment to tap the world's largest oil reserves. We analyse the challenges and global market impact. Read the full analysis.
US Role in Venezuela's 'Bust' Oil Industry Explained
Analysis of Trump's plan for US oil majors to invest billions in Venezuela's crippled industry. Can it work, and what does it mean for China and global markets?
Trump's Plan for Venezuela's Vast Oil Reserves Explained
Donald Trump vows the US will 'run' Venezuela to tap its oil, the world's largest reserves. We analyse the strategic and economic drivers behind this high-stakes move. Read the full story.
Trump's Plan for Venezuela's Vast Oil Reserves
Donald Trump vows the US will 'run' Venezuela and tap its vast oil reserves. We explain the strategic importance of its 303 billion barrels and the huge challenges ahead.
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Berlin power outage leaves 50,000 in dark after arson
A major power outage in Berlin, suspected to be arson, has plunged tens of thousands into darkness. Full details on the investigation and restoration timeline here.
Worker dies in Queensland coal mine roof collapse
A coal miner has been found dead after being trapped in a roof collapse at the Curragh mine in central Queensland. Emergency teams worked overnight to reach the worker.
US Oil Firms Silent on Trump's Venezuela Investment Claims
Donald Trump says US oil majors will spend billions rebuilding Venezuela's industry, but Chevron, ExxonMobil, and ConocoPhillips have not confirmed. Analysis reveals major hurdles.
Berlin power cut hits 45,000 homes after suspected arson
A suspected arson attack on power cables in Berlin has left 45,500 homes without electricity, with repairs expected to last until Thursday amid freezing conditions. Read the latest updates.
Electric vehicle sales growth set for sharp slowdown
Global electric vehicle sales are projected to see their slowest annual growth since 2020, with a forecast of just 13% in 2026. Policy shifts and cooling demand are reshaping the market. Read the full analysis.
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Miner missing after Queensland coal mine roof collapse
A major rescue operation is underway at Curragh coal mine after a roof collapse. One worker is missing, potentially trapped 1km underground, while two others were recovered. Follow for live updates.
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