Trump May Bar ExxonMobil from Venezuela Operations
US President Donald Trump criticises ExxonMobil's 'uninvestable' view on Venezuela, threatens action, and signs order to protect oil revenues. Key details inside.
US President Donald Trump criticises ExxonMobil's 'uninvestable' view on Venezuela, threatens action, and signs order to protect oil revenues. Key details inside.
The US State Department urges American citizens to depart Venezuela immediately due to rising threats from paramilitary groups and crime. Stay informed on the latest travel advisory.
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.
Venezuela begins releasing political prisoners, citing Donald Trump's 'hope they never forget' statement as a catalyst. A significant shift in the nation's long-standing human rights crisis.
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.
The US State Department urges American citizens in Venezuela to depart immediately, citing severe risks from armed 'colectivos' and a fluid security situation. Read the full advisory.
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 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 President Donald Trump cancels planned military action against Venezuela, citing prisoner releases and a massive $100 billion oil and gas infrastructure investment deal. Read the full story.
As Trump meets oil execs on Venezuela, an expert explains why risks outweigh rewards. High debt, political instability, and uncertain terms deter major new investments despite vast reserves.
President Trump's plan to buy 30-50M barrels of Venezuelan crude could inject billions, but stability hinges on a fragile detente with Caracas. Will it revive the oil giant?
Venezuela's top lawmaker announces a significant prisoner release, including foreigners, as a unilateral peace gesture. Read the latest developments.
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.
US Secretary of State Marco Rubio details a post-Maduro plan for Venezuela: stabilisation, recovery, and transition. US to seize and sell 30-50 million barrels of stranded oil. Read the full strategy.
With Maduro detained, President Trump sets strict terms for Venezuela's interim govt: sever alliances with China & Russia for US-led oil recovery. Details inside.
India's External Affairs Minister S Jaishankar emphasises safety of Venezuelans as primary concern, urges all parties to dialogue. Read India's official stance on the crisis.
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.
US President Donald Trump states Venezuela cannot hold elections for 30 days, prioritising stabilisation after Maduro's capture. Details on US plans for oil sector and military readiness.
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 President Donald Trump details plans for Venezuela's oil-rich future, stating US firms are 'desperate' to enter. Maduro is in custody. Read the full analysis.
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.