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Officials say that the attack on Berlin's power grid was caused by "extreme leftists".
Officials said that a fire in southwest Berlin, which has left tens?thousands without electricity in the German capital, was likely the result of an?extremist attack on the far-left. The grid company Stromnetz Berlin reported on Saturday that up to 45,000 homes could be without electricity until January 8 due to the suspected arson. It said that efforts were still being made to restore power, and around 35,000 homes and 1,900 commercial entities are still affected. Local media reported a letter purporting to be?from an activist group of the far-left called the Volcano Group? that claimed responsibility for the incident and said its actions were directed towards the fossil fuel based energy industries. Iris Sprenger, Berlin's Minister of Interior Affairs, wrote on x that "the letter claiming to be responsible has been classified by the security agencies as authentic." "I strongly condemn this inhumane attack against Berliners and tourists to Berlin." The investigation continues." A?suspected?arson attack on two?pylons in Berlin left 50,000 homes without electricity in September. Local media compared this to Volcano Group’s high-profile attack in 2024 on Tesla's gigafactory at Gruenheide. (Reporting and editing by Christina Fincher.)
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Sources say that Venezuela's PDVSA has asked some joint ventures for a reduction in oil production.
Three sources familiar with the decision told reporters that Venezuela's PDVSA, the state-owned oil company, is asking joint ventures to reduce crude production due to an "export paralysis". This will add pressure to an interim government struggling to hold on to power. These include?shutting down oilfields and well clusters, as the stocks onshore increase. The company also runs out of diluents needed to mix Venezuela's heavy crude before shipping. Caracas is currently in a political crisis, under an interim government. This comes after U.S. troops rescued President Nicolas Maduro on Saturday. Oil exports from the OPEC nation, which are its'main source of income, have come to a halt following a U.S. sanctions-imposed blockade of tankers and the seizure of 2 oil cargoes in December. Chevron cargoes heading to the U.S. were an exception. They continued to move?because Washington has granted the company a license for its operations. Shipping data on Sunday showed that since Thursday, all of these have stopped. President Donald Trump announced on Saturday that an "oil boycott" was in force on Venezuela as part of the announcement of Maduro’s detention, and the U.S. overseeing the transition. Sources said that PDVSA asked joint ventures such as Petrolera Sinovensa of China National Petroleum Corporation (CNPC), Petropiar from Chevron, and Petroboscan, Petromonagas and Petroboscan to reduce production. Petromangas is now solely operated by PDVSA. Previously, it was jointly run by PDVSA, Roszarubezhneft and the Chinese National Petroleum Corporation (CNPC). PDVSA and CNPC didn't immediately respond to requests for comment. Chevron stated on Sunday that it continues to operate in "full compliance with all relevant laws, regulations and standards," without giving any details. One source said that workers at Sinovensa were preparing to disconnect up to ten well clusters on Sunday due to a PDVSA demand after "an excess accumulation of extra-heavy crude and diluents". The person said that the wells can be quickly reconnected if necessary in the future. Chevron, on the other hand, hasn't cut back yet, as it still has plenty of room to store products, especially at Petropiar. Tankers are also still loading. Although its vessels haven't left the country in recent days, and storage capacity at Petroboscan is limited, it could still lead to cuts. Delcy Rodriguez (now Venezuela's interim President), Venezuela's former oil minister, stated last month that the country will continue to produce and export oil despite U.S. sanctions.
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Officials say that at least 25 people are dead and 14 others missing after a boating accident in Nigeria.
Officials said that at least 25 people were killed and 14 more are still missing after a boat capsized with dozens of passengers in Yobe State, north-eastern Nigeria. Accident?occurred? just before 8 pm local time on Saturday, 1900 GMT, when the large canoe that had left Adiyani in northwestern Jigawa State overturned while en route from Garbi to Yobe State. According to Mohammed Goje of the Yobe State Emergency Management Agency, the vessel carried 52 passengers. "So far, 13 passengers were rescued alive while 25 bodies were recovered. Goje stated that search and rescue operations were ongoing for the 14 missing people. He added that local volunteers, security agencies and emergency teams had been present at the scene. The police in the state of?Jigawa confirmed the incident, and stated that the canoe capsized because it was leaking. It was a day of trading and the victims were heading home. "If the driver survives, then he will face criminal charges for negligence," Lawan Adam, a spokesperson for the state police, said. He noted that safety laws prohibiting night trips and overloading had been ignored. Babagana Shettima is a resident of Adiyani and said that the casualties came from his village as well as Yobe. "When the boat's arrival was late, relatives raised alarm. Later, it was discovered that the canoe?capsized half way. Divers recovered a few bodies," he said to?. In Nigeria, boating accidents can be deadly. Many vessels operate without safety precautions. In September, 60 people were killed when a boat that was overloaded sank in central Nigeria after colliding with a stump of a tree.
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Radio frequency failures cause flight cancellations in Greece, leaving thousands stranded
Flights in Greece were grounded Sunday after a 'collapse of radio frequency crippled the air traffic communication. This left thousands of travellers stranded and brought airport operations to an end. The cause of the disruption was not clear. It began early on Sunday morning and rapidly escalated. The civil aviation authority of Greece said that some overflights in Greek and regional airspace are still being serviced. However, airport operations have been restricted for safety purposes. Dozens were affected. Panagiotis Psarros of the Association of Greek Air Traffic Controllers told ERT that "for some reason, all frequencies were suddenly gone.. we couldn't communicate with aircraft in flight." He stated that the problem appeared to be the 'collapse of the central radio frequency systems? at the Athens-Macedonia area control system, the largest aircontrol facility in the nation based in Athens. It monitors Athens Flight Information Region - a vast area of airspace controlled by Greek authorities. Flight tracking showed that the Greek airspace is largely empty. ERT reported that airport 'arrivals and departs' were suspended at 9 a.m. (0700 GMT) local time, reporting from a departures hall at Athens Eleftherios Venizelos Airport?crowded with travelers. "We've not been told the cause of the problem... the equipment we have is almost ancient." Psarros stated that they had raised the issue many times before. An official from the Transport Ministry told us that some aircraft headed north or east were allowed to depart. An official reported that more than 75 flights had been delayed. A spokesperson for the Israel Airports Authority said that Greek airspace was closed until 4:00 pm local time (1400 GMT). The spokesperson warned travellers to expect delays on arrivals and departures. (Reporting and editing by Hugh Lawson, Ros Russell and Hugh Lawson; Additional reporting in Israel by Steven Scheer and Renee Maltezou;
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President says Serbia's NIS Refinery will be operational on Jan. 17 or 18.
Aleksandar Vucic, President of Serbia, said that the Russian-owned NIS refinery in Serbia, sanctioned by the United States, would be operational as early as 'January 17 or 18, after it received a temporary license. The Office of Foreign Assets Control of the U.S. Treasury Department granted NIS on Wednesday a temporary operating license until January 23. This will allow it to resume its production after a 36 day?break. The US has given NIS - which owns Serbia’s only oil refinery - until 24 March to negotiate the sale of its Russian shareholders' stake. Vucic, speaking to reporters in Belgrade, said: "I expect the first 85,000 tonnes of crude oil to be delivered by January 15th... and that 'the refinery will start operating on either January 17th or 18th... and that 'we can begin producing oil derivatives as early as January 25th and 26th." Gazprom, the Russian oil company, owns 11.3% of NIS while its sanctioned oil subsidiary Gazprom Neft (SIBN.MM), holds 44.9%. The Serbian Government holds 29.9% of the shares, while small shareholders and employees hold the rest. The Serbian government has said that it supports the ongoing talks between NIS and its?Russian owners, MOL. After granting several waivers since the start of last year, the US sanctioned NIS in October as part of wider measures against Russia's Energy Sector. The sanctions had halted the crude supply via Croatia's JANAF pipeline (JANF.ZA), shutting down the NIS refinery located in Pancevo, a northern town. This week, JANAF announced that it also received a license allowing it export crude oil to NIS. (Reporting and editing by Hugh Lawson, Christina Fincher and Aleksandar Vaovic)
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Overnight, Bergamo Airport in Italy halted flights leaving thousands stranded
Due to technical problems with the landing guidance system, and poor visibility at Bergamo Orio-al-Serio airport in Italy, flights were halted on Saturday evening. This left thousands of passengers stranded over night. SACBO, which operates the airport, stated in a press release that the technical issue was resolved around midnight. However, a warning posted on the website of the 'airport' warned "flights could be delayed or canceled". Local media reported that the incident led to 26 flights being cancelled, 6 being diverted to other airports, and 7 being rescheduled for Sunday. Images show people sleeping on the ground and luggage check-in belts. The Bergamo edition of the Corriere della sera?daily?online said that first flights had been halted around 1700 GMT?Saturday. The airport's website showed real-time information on flights, including a list of many Ryanair flights that were delayed. However, several had departed as early as Sunday morning. A 0605 GMT Ryanair flight from Cagliari was delayed until 0850 GMT and a 0620 GMT Neos Flight to Sharm-el-Sheikh was delayed until 0855 GMT. (Reporting and editing by Elaine Hardcastle; Reporting by Valentina Z.)
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US airlines cancel flights following Caribbean airspace closure
Major U.S. Airlines canceled hundreds?of flights on Saturday following a military action in Venezuela which resulted in the capture of President Nicolas Maduro. American Airlines, Delta Airlines, Spirit Airlines, and JetBlue Airways all cancelled flights on Saturday in accordance with the Federal Aviation Administration's Caribbean airspace closures. In a letter to airmen, the FAA said that it had closed the airspace for U.S. carriers due to "risks to flight safety associated with ongoing military activity." According to the notice, this closure does not apply to non-U.S. carriers and operators. The FAA refused to comment on this further. Sean Duffy, the U.S. Transportation secretary, said on X in a blog post that "when appropriate" airspace restrictions will be lifted. Customers affected by the closure of the airspace were able to change their flight dates and avoid change fees. JetBlue Airways announced in an advisory that it would waive cancellation fees and fare difference for customers travelling from Saturday, January 3 to Sunday, January 4 2026. Donald Trump, the president of the United States, said that on Saturday night, the 'United States' attacked Venezuela, capturing its long-serving leader Nicolas Maduro, and promised to take control of Venezuela for now, including by using U.S. troops if needed. Air Canada has said that its operations in the Caribbean and South America continue "normally" as per Transport Canada's instructions. The airline stated that it would continue to closely monitor the situation and provide updates if necessary. FlightRadar24 flight records indicate that commercial air traffic in Venezuelan airspace stopped after the attack. Reporting by Dan Catchpole, Seattle; Preetika Parshuraman, Bengaluru. Editing by Chris Reese.
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Yemen's Southern Separatists Welcome Saudi Call for Dialogue amid Saudi-UAE Rrift
Separatists in Yemen's south welcomed on Saturday the call by Saudi Arabia for dialogue to end recent military escalation. This could be a sign of a calming down in the unusually public conflict between the Kingdom and the United Arab Emirates. The rapid-fire crisis in 'Yemen' has sparked a major feud among the two Gulf states and fractured a coalition of forces led by the internationally recognised?government?, which is fighting against the Iran-backed Houthis. In a press release, the Southern Transitional Council backed by UAE said that the Saudi initiative offered a "genuine chance for serious dialogue," which could protect "the aspirations" of the Southern people. The STC made its statement hours after Yemen's Saudi backed and internationally recognised government announced that it had retaken Mukalla, a key eastern port in Hadramout Province, from southern separatists, who had taken it last month. Since Friday, the government has made rapid gains that have reversed the gains of STC last month. This casts doubt on its plans to hold an independence referendum within two years. ESCALATION Saudi-backed forces had already taken over key locations in Hadramout. This large province has stretches of desert on the Saudi border. Residents reported that STC forces had blocked the roads leading from northern provinces to Aden. The group called on regional and international leaders intervene to stop what they described as "Saudi-backed militarism". In a press release, the statement said that northern Islamist groups - an apparent reference is to the Islah Party that is part of "the internationally recognized government" - have targeted civilians as well as vital infrastructure. The UAE, which is the primary supporter of STC, called for restraint, saying that it was "deeply worried" about the escalation of violence in Yemen. Yemen has been divided for more than a decade into warring regions. It is strategically located between Saudi Arabia, the world's largest oil exporter, and the Bab al-Mandeb Strait, which guards the important sea route that connects Europe to Asia. STC is part of a?internationally recognized government? that controls the southern and eastern parts of Yemen. Gulf states back the STC against the Houthis. Rashad al Ali, head of the Presidential Council, announced overnight that he had requested Saudi Arabia to host an international forum to solve the southern issue. He added that he hoped it would bring together all southern factions. Saudi Arabia granted his request and invited southern factions in Riyadh to meet. Aden Airport, the main transport hub in Yemen for areas outside Houthi control was closed Thursday due to a dispute about new restrictions announced by an internationally recognised government regarding flights with the UAE. Flights are expected to resume Sunday, according officials of Yemen's national carrier. Saudi Arabia and the STC have both accused each other of shutting down air traffic. In a statement released on Saturday, the STC said that southern Yemen is being blocked by land, air and sea. REGIONAL CRISIS The crisis began in early January when the STC seized large areas of land, including Hadramout. This gave the STC firm control of the entire territory of the former South Yemen state that merged into the north of Yemen in 1990. The leaders of the internationally recognized government, based in Aden, and including several ministers from?STC left for Saudi Arabia. Saudi Arabia viewed the southern movement as a threat. Years of divergence over critical issues reached a head and threatened to upset the regional order. Qatar, a fellow Gulf monarchy, has had long-standing regional policy disagreements with the UAE. It said that it welcomed efforts made by Yemen's internationally recognized government to resolve the southern issue. The extent to which the dispute between Saudi Arabia, the UAE and their disagreements on regional security bleeds over into other issues will become clearer this weekend when both countries attend an OPEC meeting scheduled to decide the group's policy for oil production. Saudi Arabia attacked a base near Hadramout early this week and demanded that all UAE forces remaining in Yemen leave. They called this a "red line" for their security and the UAE obliged. The STC's declaration of Friday, that it wanted a two-year period of transition leading to an independence referendum for a South Arabian state, was the movement’s most clear indication to date about its intent to secede. (Reporting and writing by Maha El-Dahan, Enas-Alashray, and Muhammad al-Gebaly, and editing by Toby Chopra and Susan Fenton; Rod Nickel, Diane Craft, and Toby Chopra)
ROI-US squeeze on Venezuela oil won't create global crunch: Bousso
The United States tightening its grip on Venezuelan oil exports may strangle the country’s crude production and cut off President Nicolas Maduro’s main economic lifeline. However, it will only have a limited impact on global markets. Last week, the U.S. Coast Guard seized a supertanker in mid-ocean that was carrying Venezuelan crude to Cuba. This marked a significant step up in Washington's anti-Caracas campaign as the U.S. Military continues to expand its largest presence in the Caribbean region since the?Cuban missile crisis. Last Thursday, the U.S. reported that it was preparing to intercept additional ships carrying Venezuelan oil. Washington also imposed new sanctions against Maduro, his family, six crude tanks and shipping companies associated with them.
The military chokehold in Venezuela aims to prevent the shipment of Venezuelan crude oil through an expanding "dark Fleet" - ships that are unregulated, uninsured and sanctioned. They are also heavily used by Russia and Iran.
According to an analysis of LSEG's data, there are already at least a dozen crude oil tankers in Venezuela's exclusive maritime economic zone. Many of these are now at high risk of being seized.
CRUDE REALITY
Venezuela's oil sector is already feeling the pressure.
It is likely that the state-run oil company PDVSA depleted its inventories to prepare for tighter restrictions.
Kpler, an analytics firm, has calculated that Venezuelan crude exports will drop to 702,000 bpd in December, the lowest level since May. There are signs that Asian buyers want to get deeper discounts on Venezuelan crude in order to compensate for the increased trading risk.
According to the International Energy Agency, tighter restrictions also resulted in a decline in Venezuelan crude oil production. It fell by approximately 150,000 bpd from a month ago to 860,000 bpd. This follows several months where production was hovering around 1 million bpd.
The decline is partially due to declining exports. This means that output could further decrease if exports were restricted as Venezuela's stockpiles filled up.
In addition, the production of Venezuelan oil could be drastically reduced if U.S. import restrictions prevent the import of naphtha or diluents which are essential for extraction and processing.
More than two thirds of Venezuelan?oil is heavy grade, which is tar like when extracted. The oil is reduced in viscosity by using naphtha. This allows it to be transported through pipelines to terminals and tanks.
Venezuela's six refining facilities can produce naphtha, but they have been in disrepair for years. This has led to the upstream oil sector becoming heavily dependent on imports.
Kpler reports that the Venezuelan imports for naphtha, chemicals and other products will drop to 39,000 barrels per day in December. This compares to 54,000 barrels per day in November and to 89,000 in October.
However, it is difficult to predict how production will be affected by the naphtha shortages. Venezuela has imported large quantities in recent years, which may have been partially stored.
Venezuela's production is at risk if imports of naphtha drop.
The U.S. has carved out a portion of Venezuela's heavy crude production. Despite the increasing tensions, this is unlikely to happen. President Donald Trump’s administration issued Chevron, the second largest U.S. producer, a special license to continue operating their joint ventures in Venezuela’s Orinoco Belt, which produces around 250,000 bpd.
Chevron exports roughly 150,000 bpd crude oil from Venezuela to the U.S. Gulf Coast where refineries built decades ago were designed to process heavy grades of crude oil from Mexico, Canada, and Venezuela.
Estimates suggest that Venezuela's oil output could fall by 300,000 - 500,000 barrels per day due to lower exports and production limitations.
The figure is unlikely to make much difference on the current well-supplied oil market. It faces a glut of crude next year. The production of heavy crude in Canada and the Gulf of Mexico would more than make up for any shortfalls. Both countries produce this type of oil. Installing a U.S. friendly government, which will remove sanctions against Caracas, could result in a rapid increase of oil production. Venezuela has the largest oil reserves, with 303 billion barrels.
The increasing tensions in Venezuela have already had a significant impact on its oil industry. However, these effects will not reverberate around the globe - unless the Maduro government falls, which would trigger a rush by western energy giants to return to the oil-rich country.
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(source: Reuters)