Energy

Few places in Ukraine have been spared from the impact of the Ukraine war, including the radioactive exclusion zone around the Chernobyl nuclear plant. Al Jazeera’s Nils Adler has been seeing how the site of the world’s worst nuclear disaster has been affected by the war.

Feb. 16 (UPI) — California Gov. Gavin Newsom announced an agreement with Britain on Monday that will bring $1 billion in investments into his state.

The climate agreement sets a framework for British companies to expand their access to California’s market and for cooperation on decarbonization and clean energy technology.

British energy company Octopus Energy is among the companies that will expand its access in California. It has committed nearly $1 billion to clean energy companies and projects based in California. Newsom announced the partnership after meeting with British Energy Secretary Ed Miliband in London.

“California is the best place in America to invest in a clean economy because we set clear goals and we deliver,” Newsom said in a statement.

“Today, we deepened our partnership with the United Kingdom on climate action and welcomed nearly a billion dollars in clean tech investment from Octopus Energy. California will continue showing the world how we can turn innovation and ambition into climate action.”

Newsom visited Octopus Energy’s headquarters in London during his trip.

California has climate agreements with several countries around the world. During the 2025 United Nations Climate Change Conference, it entered new partnerships with Chile, Colombia, Nigeria and Brazil.

President Donald Trump criticized the new agreement between California and Britain on Monday, saying it was “inappropriate” for the two sides to be working with each other.

“The worst thing that the U.K. can do is get involved in Gavin,” Trump told POLITICO. “If they did to the U.K. what he did to California, this will not be a very successful venture.”

The Trump administration has rolled back federal climate-focused initiatives, most recently eliminating greenhouse gas emissions standards.

Iran’s top diplomat says he hopes to ‘achieve a fair and equitable deal’ before high-stakes talks are held on Tuesday.

Iranian Foreign Minister Abbas Araghchi has arrived in Geneva for high-stakes second round of nuclear talks with the United States aimed at reducing tensions and avert a new military confrontation that Iran’s Supreme Leader Ayatollah Ali Khamenei has warned could turn into a regional conflict.

“I am in Geneva with real ideas to achieve a fair and equitable deal,” Araghchi wrote on X on Monday. “What is not on the table: submission before threats.”

Iran and the US renewed negotiations earlier this month to tackle their ⁠decades-long dispute over Tehran’s nuclear programme as US deploys warships, including a second aircraft carrier, to the region as mediators work to prevent a war.

Araghchi met with Rafael Grossi, the head of the International Atomic Energy Agency (IAEA), on Monday, after saying his team nuclear experts for a “deep technical discussion”.

The United Nations nuclear watchdog has been calling for access to Iran’s main nuclear facilities that were bombed by the US and Israel during the 12-day war in June. Tehran has said there might be a risk of radiation, so an official protocol is required to carry out the unprecedented task of inspecting highly enriched uranium ostensibly buried under the rubble.

Speaking to state-run IRNA news agency on Monday, foreign ministry spokesman Esmail Baghaei said the IAEA will play “an important role” in upcoming mediated talks between Iran and the US. But he also renewed Tehran’s criticism of Grossi for the director’s refusal to condemn military strikes on Iranian nuclear sites that are protected under agency safeguards as part of the Non-Proliferation Treaty (NPT).

Araghchi also said he would meet his Omani counterpart, Badr bin Hamad al-Busaidi, who mediated the first round of talks between Iran and the US since the war earlier this month.

Iran has repeatedly emphasised that it will not agree to Washington’s demand for zero nuclear enrichment, and considers its missile programme a “red line” that cannot be negotiated.

Meanwhile, the US continues to build up its military presence in the region, with President Donald Trump saying a change of power in Iran “would be the best thing that could happen” and sending in a second aircraft carrier.

Trump is again likely to send his special envoy Steve Witkoff and his son-in-law Jared Kushner to represent the White House in the Geneva talks. Brad Cooper, the most senior US military commander in the region, had unexpectedly joined the US delegation during the Muscat talks on February 6.

The talks also come over a month after Iran’s deadly crackdown against nationwide protests, with Iranian officials claiming “terrorists” and “rioters” armed and funded by the US and Israel were behind the unrest.

The UN and international human rights organisations have blamed Iranian authorities for the widespread use of lethal force against peaceful protesters, which killed thousands, mainly on the nights of January 8 and 9.

But the hardliners in Tehran are more concerned about any potential concessions that could be given during upcoming talks with the US.

Addressing an open session on Monday, one of the most hardline lawmakers in Iran’s parliament cautioned security chief Ali Larijani against giving inspection access to the IAEA befire ensuring Iran’s territorial integrity, the security of nuclear sites and scientists, and use of peaceful nuclear energy for civilian purposes under the NPT.

“When US warships have opened their arms to embrace Iranian missiles, US bases have opened arms to take our missiles, and the homes of Zionist military personnel are anticipating the sound of the air raid sirens, it is obvious that such conditions cannot be met at the moment,” said Hamid Rasaei, a cleric close to the hardline Paydari (Steadfastness) faction.

In the other diplomatic track pursued in Switzerland on Tuesday, officials will be discussing ways of ending the Ukraine war, which is approaching the end of its fourth year after Russia’s full-scale invasion in 2022.

But no immediate breakthrough appears in sight, with Ukrainian President Volodymyr Zelenskyy telling the annual Munich Security Conference on Saturday that Kyiv has “too often” been asked to make concessions.

Caracas, February 15, 2026 (venezuelanalysis.com) – US President Donald Trump is considering a visit to Venezuela, though he did not specify when the trip might take place or what agenda it would entail.

“I’m going to make a visit to Venezuela,” Trump told reporters outside the White House on Friday. 

The US President addressed the press ahead of a trip to Fort Bragg, North Carolina, to meet soldiers who participated in the January 3 military attacks against Venezuela and the kidnapping of President Nicolás Maduro and First Lady Cilia Flores.

Questioned by a journalist, Trump stated that Washington recognizes the Venezuelan government led by Acting President Delcy Rodríguez as the country’s legitimate authority.

“We are dealing with them, and they have done a great job,” he stated. The White House refused comment on whether the recognition was the administration’s official stance.

In 2019, the first Trump administration recognized the self-proclaimed “interim government” headed by Juan Guaidó as the country’s legitimate authority, prompting the Maduro government to sever diplomatic ties. The US later transferred its recognition to the defunct opposition-controlled National Assembly whose term expired in January 2021.

Since the January 3 attacks, Caracas and Washington have fast-tracked a diplomatic rapprochement, with US Chargé d’Affaires Laura Dogu arriving in the Caribbean nation in early February. An official recognition of the Rodríguez acting government could pave the way for the restructuring of Venezuela’s sizable foreign debt.

In his Friday press remarks, Trump further described relations with Venezuelan leaders as being “as good as one could hope for,” and added that “the relationship with Venezuela today is a 10.”

Trump additionally highlighted progress in Venezuela’s oil sector.

“Oil is flowing, and other nations are paying a lot of money for it, and we are handling it. We are refining it,” he said. Since January, the White House has imposed control of Venezuelan oil exports, with proceeds deposited in bank accounts in Qatar before being partly rerouted to Caracas under US-set conditions.

Earlier last week, Venezuelan Acting President Delcy Rodríguez emphasized in an NBC interview that Maduro remains the country’s legitimate president. She also disclosed that she has spoken twice with Trump and has had “more frequent” contact with Secretary of State Marco Rubio, and expressed “gratitude” for the “respectful and courteous” nature of the talks.

Venezuela’s acting president went on to announce that she has likewise been invited to visit the US. “We are considering going once we establish cooperation and can move forward with everything,” she said.

The invitation reportedly arose during a recent visit to Caracas by US Energy Secretary Chris Wright, who was hosted by Rodríguez at Miraflores Palace on Wednesday. 

Wright and Rodríguez later toured the Petroindependencia crude upgrader, a mixed venture between Venezuela’s state-owned PDVSA and Chevron, in the Orinoco Oil Belt.

The Trump administration official announced that Chevron would invest US $100 million to modernize operational facilities, with the goal of “doubling [Petroindependencia’s] productive capacity within 12 to 18 months and quintupling it within five years.” Petroindependencia has a current output of 40,000 barrels per day (bpd).

US issues new oil licenses

Following Wright’s Venezuela visit, the US Treasury Department issued two general licenses, 49 and 50, aimed at boosting conditions for Western multinational corporations to operate in Venezuela’s energy sector.

The first license allows for the negotiation and signing of future investment contracts, contingent upon the potential issuance of a specific license. The second waiver authorizes Chevron, BP, Eni, Shell, and Repsol to conduct transactions and operations related to hydrocarbon projects with PDVSA or any other Venezuelan public entity.

Repsol (Spain) and Eni (Italy), like Chevron, participate in oil and gas joint ventures in the South American country, whereas the UK-headquartered Shell and BP are set to lead offshore natural gas projects alongside Trinidad and Tobago’s National Gas Company (NGC) in Venezuelan waters. 

However, GL50 requires that any contracts fall under US jurisdiction and mandates that all payments to “blocked” entities—as sanctions against PDVSA and Venezuela’s banking system remain in place—be made to accounts designated by the US Treasury.

It also explicitly prohibits transactions involving any person or entity linked to Russia, Iran, North Korea, Cuba, or China, as well as vessels sanctioned by Washington.

The Trump administration has loosened restrictions against the Venezuelan energy sector, including allowing the import of US diluents, inputs and technology, following a recent pro-business overhaul of the country’s Hydrocarbon Law. The reform granted expanded benefits for private corporations, including reduced fiscal responsibilities and expanded control over operations and sales.

Upon leaving Caracas, Energy Secretary Wright claimed that “structural reforms” would continue in Venezuela, with changes to “labor laws, the court system and the banking system.”

Edited and with additional reporting by Ricardo Vaz from Caracas.