Category: BRICS News

The EU’s Industrial Acceleration Act is Industrial Policy

The European Commission unveiled its Industrial Accelerator Act on 4 March 2026 after months of internal friction, leaked drafts, multiple postponements, and what one Brussels observer described as something close to institutional paralysis. The Act was originally scheduled for December 2025, then pushed to February, then to March. The delays

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Shell’s Venezuela Return Is Bigger Than One Gas Field

Shell’s decision to ink a fresh suite of commercial and technical agreements with Venezuela’s government this week is being read in energy circles as a straightforward gas deal. It is not. It is a signal, about Washington’s Venezuela strategy, about the future of Caribbean LNG, and about how far a

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Movements In The Venezuelan Oil & Gas Industry Since Maduro’s Kidnapping

The Venezuelan oil and gas industry is a cornerstone of the nation’s economy, underpinning government revenue and influencing regional geopolitics. Once producing over three million barrels per day (bpd), years of underinvestment, alleged mismanagement, and international sanctions severely eroded both production and technical expertise. The state-run company, Petróleos de Venezuela,

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