Trump to Exclude Exxon from Venezuela Oil Plans
US President Donald Trump said he will likely keep Exxon Mobil out of his Venezuela oil initiative, unhappy with its 'uninvestable' stance. Details on the $100 billion challenge.
US President Donald Trump said he will likely keep Exxon Mobil out of his Venezuela oil initiative, unhappy with its 'uninvestable' stance. Details on the $100 billion challenge.
US oil executives, led by Exxon's Darren Woods, caution President Trump about investing in Venezuela, citing seized assets and legal risks. Can reforms change their mind?
Donald Trump's ambitious $100 billion plan to revive Venezuela's oil sector faces major resistance from US energy giants like Exxon and Chevron, citing safety and instability. Read the full details.
Oil firms like Chevron & Trafigura scramble for tankers to move Venezuelan crude to the US after sanctions ease. Old vessels & port challenges complicate logistics. Read more.
US President Donald Trump declares a national emergency to safeguard Venezuelan oil revenue in US accounts, aiming to control sales and advance foreign policy. Read the full analysis.
US President Trump urged oil giants to invest in Venezuela's vast reserves, promising security. Yet, executives cite legal risks & past expropriations, making large-scale capital unlikely. Details inside.
Donald Trump's plan to secure Venezuela's oil without troops faces a major obstacle: the complex interests of major US oil companies. Read the analysis.
In a surprising turn, Tucker Carlson attended a White House meeting where President Trump sought $100 billion from oil giants for Venezuela. Carlson praised Trump's 'honest' oil-focused strategy. Read the full details.
US President Donald Trump publicly read a private note from Secretary of State Marco Rubio during a meeting with oil executives, causing visible discomfort. Details and video inside.
US President Donald Trump calls on American oil giants to invest $100 billion to rebuild Venezuela's decaying energy sector after Maduro's capture. Details on the strategic shift.
US oil executives meet at White House to discuss Venezuela investments. Despite Trump's enthusiasm, investors remain skeptical due to political instability and high costs. Read the full analysis.
US Energy Secretary Chris Wright says controlling Venezuela's oil revenue is key to stabilising its economy and repaying Exxon, Conoco. Details on the new deal and White House meetings.
The US announces a selective rollback of sanctions on Venezuela, granting a license for crude oil sales. This major policy shift aims to boost global supply and follows a deal between Maduro's government and the opposition. Read the full details.
President Trump's call for US oil giants to revive Venezuela's industry faces scepticism. With soft demand and high costs, supermajors prefer low-risk projects like Guyana. Read the full analysis.
Venezuela's crucial oil shipments to Asia have stalled for a fifth consecutive day amid a US embargo, risking deeper production cuts. Chevron, however, resumes US-bound cargoes. Read the full analysis.
Despite holding the world's largest oil reserves, Venezuela's industry is crippled. We explore the massive costs, political risks, and operational nightmares facing companies like Chevron and ConocoPhillips.
Chevron's stock surged over 5% on Wall Street following US military action in Venezuela and plans to tap its oil reserves. Experts see major gains ahead. Read analysis.
President Trump hinted to US oil executives weeks before Maduro's capture. The plan to revitalise Venezuela's oil fields hinges on companies like Chevron. Will they invest?
The Trump administration is convening meetings with major US oil companies to discuss potential sanctions relief for Venezuela's oil sector. Explore the strategic implications.
Exxon Mobil, Chevron shares soar in pre-market after Trump's Venezuela remarks. US benchmarks set for green open. Details on oil price impact & company stakes inside.
US military action in Venezuela and control of its oil reserves could benefit Chevron, ExxonMobil. Experts predict a surge in oil stocks when markets open. Full analysis inside.
President Trump says US oil giants can fix Venezuela's broken industry and make money. But reviving the world's largest reserves needs massive investment. Read the full analysis.
Analysts say Trump's plan for US firms to rebuild Venezuela's oil sector won't move global prices near-term. Political instability & massive investment needs are key hurdles. Read more.
Following the dramatic capture of Venezuela's President Maduro, US President Trump aims to tap its vast oil reserves. However, analysts warn of massive challenges, from crumbling infrastructure to political instability, that will delay any quick productio
US President Donald Trump links removal of Venezuela's Maduro to accessing world's largest oil reserves, plans for US firms to invest billions. Global energy impact ahead.
US launches coordinated strikes on Venezuela. President Trump claims Maduro captured, just days after the Venezuelan leader offered oil deals and anti-drug cooperation. Details inside.
US sanctions force oil tankers to avoid Venezuela, hitting Maduro's regime. Storage fills, production plunges. Chevron continues under license. Read the latest.
A Chevron tanker carrying Venezuelan crude departs for Texas as US Coast Guard steps up interceptions. Tensions rise over sanctions and sovereignty. Read the full analysis.
The Barbados-flagged tanker Hyperion, sanctioned for shipping Russian oil, has entered Venezuelan waters, directly challenging President Trump's announced naval blockade. Read the latest on this high-stakes geopolitical standoff.
Israel's PM Netanyahu approves a landmark $35 billion natural gas export deal to Egypt via Chevron. The 15-year pact boosts Israel's energy power and aims to mend strained relations. Discover the details and regional impact.