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Egypt is planning to produce two LNG shipments monthly from November to March to boost exports and attract foreign investment. Meanwhile, Egypt's Tamar gas field undergoes a 12-day maintenance shutdown, prompting earlier cargo deliveries. The US Louisiana regulators are scrutinizing LNG emissions' climate impact following a court order.
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President Trump has indicated he has not ruled out deploying US forces to Venezuela amid ongoing tensions. He expressed willingness to speak with Maduro and highlighted the US's focus on drug trafficking and resource-rich Venezuela. The US has increased military presence in the region, raising concerns of escalation.
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Libya's government plans to announce winners of new offshore oil exploration licenses between February and March, aiming to attract major energy companies after years of political instability. The licenses cover promising offshore areas, with Libya holding Africa's largest oil reserves. The country remains divided politically since 2011.
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On December 10, 2025, the US Coast Guard, supported by the Navy, seized the largest oil tanker ever captured off Venezuela's coast in international waters. This operation is part of the Trump administration's intensified campaign against Venezuelan President Nicolás Maduro, accused of narcoterrorism. The US has increased military presence in the region and conducted multiple strikes on alleged drug-smuggling vessels.
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The US has seized the Venezuelan tanker Skipper, marking the first interdiction of Venezuelan oil since sanctions began in 2019. The move targets a shadow fleet transporting sanctioned oil to China and Iran amid increased US military activity and sanctions against Maduro's regime.