#venezuelan-oil-industry

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#venezuela
fromFortune
6 days ago
World politics

Former 'Citgo 6' political prisoner sees 'karma' in Maduro ouster, but Venezuelan oil won't rebound until there's true regime change | Fortune

World news
fromwww.cbc.ca
2 weeks ago

Trump administration's bid to lure U.S. oil companies to Venezuela is finding few takers | CBC News

U.S. officials are promoting investment in Venezuela's oil and gas sector despite significant challenges and uncertainties.
US politics
fromAxios
3 months ago

Exclusive: Energy secretary discusses plans for oil, minerals

The U.S. aims to stabilize Venezuela through commercial assistance to boost oil production and curb drugs, kidnapping, gangs, corruption, and foreign malign influence without direct subsidies.
World politics
fromwww.aljazeera.com
8 hours ago

No regrets': Venezuela's Machado defends giving Nobel medal to Trump

Maria Corina Machado presented her Nobel Peace Prize to Trump, expressing support for his actions against Maduro in Venezuela.
Cryptocurrency
fromnews.bitcoin.com
1 day ago

Economist Proposes National USD Stablecoin to Eliminate Currency Controls in Venezuela

Ecoanalitica proposes a national USD stablecoin to improve dollar access and support small and medium enterprises in Venezuela.
World politics
fromFortune
6 days ago

Former 'Citgo 6' political prisoner sees 'karma' in Maduro ouster, but Venezuelan oil won't rebound until there's true regime change | Fortune

Pereira believes Venezuela can thrive again with U.S. military intervention and fair democratic elections.
World news
fromwww.cbc.ca
2 weeks ago

Trump administration's bid to lure U.S. oil companies to Venezuela is finding few takers | CBC News

U.S. officials are promoting investment in Venezuela's oil and gas sector despite significant challenges and uncertainties.
more#venezuela
Environment
fromenglish.elpais.com
1 day ago

Fear of shortages is cracking the world's dependence on oil

Soaring refined fuel prices and supply shortages are causing a significant decline in global oil consumption amid the largest supply shock in history.
Russo-Ukrainian War
fromwww.dw.com
21 hours ago

US extends waiver allowing purchase of Russian oil

The Trump administration renewed a waiver allowing the purchase of Russian oil at sea for one month, despite previous plans to end sanctions relief.
#oil-prices
World politics
fromThe Walrus
1 day ago

The Roller-Coaster Price of Oil Is Bad for Almost Everyone | The Walrus

The Iran war has caused significant volatility in global oil prices, impacting inflation and energy transition discussions.
World politics
fromThe Walrus
1 day ago

The Roller-Coaster Price of Oil Is Bad for Almost Everyone | The Walrus

The Iran war has caused significant volatility in global oil prices, impacting inflation and energy transition discussions.
more#oil-prices
World news
fromFortune
1 month ago

Trump said the U.S. would "run" Venezuela and sell its oil. Now it's starting to happen | Fortune

The U.S. Treasury authorized PDVSA to sell Venezuelan oil directly to American companies and global markets, reversing years of sanctions to increase global oil supply amid Iran tensions.
World politics
fromFortune
1 month ago

Venezuela has the world's largest proven oil reserves, but it can't solve for the Strait of Hormuz 'math problem' | Fortune

Venezuelan oil production increases cannot offset massive global supply losses from Iran's closure of the Strait of Hormuz, which handles 20% of world oil and liquefied natural gas daily.
World news
fromenglish.elpais.com
1 month ago

Venezuela opens its gold and gas-rich subsoil to the United States

Venezuela has opened its natural resources to U.S. companies, beginning with oil and expanding to mining operations including gold, bauxite, and coal, with new legislation facilitating foreign investment.
Business
from24/7 Wall St.
2 months ago

Venezuela Opportunity Emerges as Oil Services Stocks Rally Through January

Oil services performance hinges on crude prices rising above $70 and earnings from Halliburton, Schlumberger, and Baker Hughes to restore service demand and ETF momentum.
US news
fromwww.npr.org
2 months ago

Venezuela opens debate on an oil sector overhaul as Trump seeks role for US firms

Venezuela's legislature advanced a bill to loosen state control of oil, allowing private firms greater operational, commercial, and arbitration rights to attract investment.
Environment
fromwww.aljazeera.com
2 months ago

What does 303 billion barrels of Venezuelan oil look like?

One barrel yields 73 litres of petrol, enough to drive a pick-up about 730 km; Venezuela's crude could fuel US vehicles for 40 years.
#venezuela-oil
fromFortune
2 months ago
US politics

Exxon and Chevron decline new spending in Venezuela while taking a wait-and-see approach for the years ahead | Fortune

fromFortune
2 months ago
US politics

Exxon and Chevron decline new spending in Venezuela while taking a wait-and-see approach for the years ahead | Fortune

more#venezuela-oil
from24/7 Wall St.
2 months ago

Chevron in Talks to Expand Venezuela Oil License as Trump Shifts Energy Policy

Chevron Corp ( NYSE:CVX) is negotiating with the Trump administration to expand its Venezuela oil license, aiming to boost exports to 300,000 barrels per day by March. The move comes as Trump pivots toward energy independence policies, creating a strategic opening for Chevron to capitalize on discounted Venezuelan heavy crude. The stock has responded enthusiastically. Chevron surged 12.3% year-to-date through January 29, hitting a 52-week high of $174.92 earlier this week.
US news
World news
fromwww.aljazeera.com
2 months ago

How much control will the US have over Venezuela's oil?

Venezuela has passed a law opening its petroleum sector to private firms, potentially enabling major U.S. oil companies to return and invest heavily.
#venezuelan-oil
more#venezuelan-oil
World news
fromwww.aljazeera.com
2 months ago

Oil and US oversight: How is Venezuela's interim government surviving?

Venezuela received $500m from a US-brokered oil sale, but proceeds are restricted in Qatar and subject to US approval to fund public sector salaries.
World news
fromwww.theguardian.com
2 months ago

Venezuela approves bill to open oil sector to foreign investment after US pressure

Law opens Venezuela's oil sector to private control over production and sales, eases taxes and arbitration, while state largely retains production control.
World news
fromenglish.elpais.com
2 months ago

Chavismo opens up to privatization of Venezuela's oil with hydrocarbons law reform

Venezuela is initiating legal reforms to its hydrocarbons law to allow foreign and private participation in the oil sector, reducing state control.
World news
fromBusiness Insider
2 months ago

Russia says the US is pushing its companies out of Venezuela's energy sector

US actions are forcing Russian firms out of Venezuela's energy sector and risking major write-offs of Russian oil investments.
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