Category : Search result: US Venezuela oil seizure


OPEC+ Pauses Oil Output Hikes Until March 2026

OPEC+ reaffirms plan to maintain current oil production levels until March 2026 and agrees on a new capacity assessment mechanism. Learn how this decision impacts global oil markets.

Trump Closes Venezuela Airspace Amid Tensions

US President Donald Trump declares Venezuela airspace closed as military tensions escalate. Six major airlines suspend flights amid security concerns. Read full details.

Trump closes Venezuela airspace in major escalation

US President Donald Trump has declared Venezuela's airspace closed, escalating tensions with Nicolas Maduro. Major airlines have suspended flights, disrupting regional travel. Read the full details.

OPEC+ 2025 Oil Output Policy: A Review

OPEC+ surprised markets in 2025 by hiking oil production. Discover how this strategy fared, the role of Trump's return, and what's next for global oil prices.

Venezuela bans 6 airlines over security dispute

Venezuela bans Iberia, TAP, LATAM and 3 other airlines for suspending flights over US military activity. Over 8,000 passengers affected as Portugal calls move 'disproportionate'.

NDLEA seizes drugs hidden in machine parts at Lagos airport

NDLEA intercepts methamphetamine, cocaine, and cannabis concealed in imported machine cylinders and auto parts at Lagos airport. Multiple arrests made nationwide in major crackdown on drug trafficking ahead of festive season.

NDLEA Intercepts Cocaine Ship at Lagos Seaport

Nigeria's drug enforcement agency intercepts MV Nord Bosporus with 20kg cocaine from Brazil. Captain and 19 crew detained as court grants 14-day investigation period. Read full details.

US MOSOP: Exclude Ogoni from oil block bids

MOSOP USA calls for Ogoni oil blocks removal from bidding rounds to protect fragile peace process. Federal Government urged to prioritize reconciliation before oil resumption.

Reps Panel Vows to End Oil Revenue Leakages

House of Representatives committee pledges to halt massive revenue losses in Nigeria's oil and non-oil export sectors, aiming to recover billions lost annually through systemic leakages.

Trump Plans Maduro Talks, OK with Mexico Strikes

US President Donald Trump reveals plans to speak with Venezuela's Maduro while endorsing potential anti-drug strikes in Mexico. Tensions rise as military buildup continues in Caribbean region.

NDLEA seizes 1,455kg of cannabis in Edo

NDLEA Edo intercepts two buses with 1,455kg of cannabis. The drug cartel abandoned the vehicles and fled. Commander Ofoyeju vows to intensify the fight against drug trafficking.

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