Venezuela oil minister Paula Henao said on Tuesday the government signed oil-related contracts with Schlumberger and U.S. independent Hunt Oil to attract investment and raise crude output. The deals include an oil-and-gas production participation agreement with two field-development partners; Henao did not disclose expected investment or incremental production. Caracas also signed a framework agreement with Schlumberger for nationwide integrated reservoir studies. Politico reported several more

Hokkaido Electric Power Co. said a worker died Tuesday night after falling into a gravel silo used to build a seawall while working on Unit 3 at the Tomari nuclear plant, the Hokkaido Shimbun reported. The company had planned to restart Unit 3 in mid‑December 2027. Hokkaido Electric said in July it was considering various restart scenarios; a company spokesman said it will "reconsider the restart date" after the accident investigation concludes. Tomari is Hokkaido’s only nuclear power station.

Gabriela Santos of JP Morgan Asset Management warned AI-related concentration risk has spilled from equities into fixed income. She said the AI supercycle investment case remains intact but investors must be cautious about portfolio construction. July’s tech sell-off — the PHLX Semiconductor Index plunged 21% (its largest monthly drop since 2008) and the KOSPI fell 22% — highlighted crowding risks. Santos urged tighter position-size controls, prudent use of leverage and diversification beyond AI, saying traditional risk factors, sectors, regions and even asset classes may no longer capture AI-driven concentration.