Category : Search result: oil sales proceeds


Venezuela Sends 50M Barrels of Oil to US, Worth $4.2B

A massive shipment of 50 million barrels of Venezuelan crude oil, valued at $4.2 billion, is heading to the United States. Get the latest details on this significant energy development and its global implications.

Oil Pipeline Bursts Twice in Assam's Dibrugarh, Spills Crude

An Oil India Limited pipeline in Dibrugarh's Tingkhong area ruptured twice within 12 hours, spilling crude oil onto farmlands and fish ponds. Locals report dead fish and fire risks. Read more on the environmental impact and OIL's response.

BYD Overtakes Tesla in Global Electric Vehicle Sales

Chinese automaker BYD has dethroned Tesla as the world's top-selling EV brand, marking a major shift in the electric mobility race driven by scale and pricing. Discover the details behind this historic change.

GM Q4 Sales Fall, EV Demand Slumps; Toyota Rises

General Motors' US auto sales fell 6.9% in Q4 2025 as EV transactions plunged. However, annual sales grew 5.5%. Toyota and Stellantis posted quarterly gains. Read the full analysis.

Venezuela, Iran Actions May Worsen 2026 Oil Glut

Geopolitical shifts in Venezuela and Iran could add to a projected 1.5-2 million barrel per day oil surplus in 2026, pressuring crude prices. Analysts warn scarcity fears are fading.

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