ENI said it is working with Venezuelan counterparties and other relevant parties to support a revival of the country’s energy sector. The comments come as the Trump administration seeks a larger role in Venezuela’s oil industry, including a plan under which the US would control 55% of actual output from a joint venture covering fields with about 65 billion barrels of proven reserves. ENI is also expanding its Venezuelan presence, negotiating new contracts for Junín-5 and Corocoro and recently si

2026-08-29

ENI said it is working with Venezuelan counterparties and other relevant parties to support a revival of the country’s energy sector. The comments come as the Trump administration seeks a larger role in Venezuela’s oil industry, including a plan under which the US would control 55% of actual output from a joint venture covering fields with about 65 billion barrels of proven reserves. ENI is also expanding its Venezuelan presence, negotiating new contracts for Junín-5 and Corocoro and recently signing a gas export agreement for the Perla field.

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2026-08-29

Swiss wealth-management firms have urged the government to postpone the planned Oct. 1 launch of a new centralized corporate ownership transparency register, citing data-security risks. The wealth management association requested a delay, warning that consolidating ultimate beneficial owner information for more than 500,000 companies and other legal entities in one repository would be an attractive target for cybercriminals. The register would be accessible only to designated authorities and fin

2026-08-29

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