US Needs Venezuela's Heavy Crude Despite Being Top Producer
Despite being the world's largest oil producer, US refineries rely on heavy crude from Venezuela, Canada & Mexico. Learn why the shale boom hasn't solved this dependency.
Despite being the world's largest oil producer, US refineries rely on heavy crude from Venezuela, Canada & Mexico. Learn why the shale boom hasn't solved this dependency.
In a dramatic high-seas operation, US forces seized two oil tankers, including the Russian-flagged Bella 1, intensifying pressure on Venezuela's post-Maduro regime. Details inside.
US officials detail a bare-bones strategy to manage Venezuela's oil exports after Trump's social media claim of securing tens of millions of barrels. Read the full analysis of this geopolitical move.
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.
US forces seize sanctioned oil tanker M/T Sophia in international waters, escalating crackdown on Venezuela's illicit oil networks. Details on the operation and global reactions inside.
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.
Russia condemns US Navy's seizure of the Russian-flagged tanker Marinera in the North Atlantic. Moscow cites UN law, while the US cites sanctions violations. Read the full details.
China strongly criticises US sanctions on Venezuela, defending its lawful rights and urging respect for sovereignty. Read the full diplomatic standoff analysis.
Russia condemns the US seizure of an oil tanker, stating no state has the right to use force against lawfully registered vessels. Moscow vows to protect its interests.
Russia condemns the US seizure of an oil tanker as a breach of international maritime law. Moscow vows to protect its interests amid escalating sanctions tensions. Read the full story.
The US military seized a Russian-flagged oil tanker after a high-stakes chase. The Pentagon declares its Venezuela oil blockade is now in effect globally. Read the full story.
US forces seized a Russian-flagged oil tanker after a two-week Atlantic pursuit, marking a dramatic escalation in efforts to block Venezuelan oil exports. Details inside.
The U.S. seized the MV Bella tanker carrying Venezuelan oil after a dramatic two-week chase. This bold move risks escalating tensions with Russia and Iran. Read the full details.
The US seized a Russian-flagged oil tanker, the Bella-1, after it breached a sanctions blockade. This bold move risks escalating tensions with Russia over Venezuela's oil trade. Read the full details.
US forces pursued a Russian-flagged oil tanker linked to Venezuela for over two weeks. The operation, near Iceland, saw Russian naval vessels close by, raising tensions. Read the full details.
Russia deploys a warship to escort an oil tanker after a US court authorized its seizure. The incident highlights escalating tensions over Venezuelan oil sanctions. Read the full details.
The Trump administration pressures Venezuela's interim leader to partner exclusively with the US on oil, sever ties with China, Russia, Iran, and Cuba. Read the full report.
A US crackdown on Venezuelan oil is driving shadow tankers into Russia's registry, strengthening Moscow's maritime influence and creating new global risks. Read the full analysis.
Russia deploys naval assets to escort a sanctioned oil tanker, turning a US enforcement operation into a major geopolitical flashpoint. Details on the high-seas chase and legal battle.
US President Donald Trump announces a major oil deal with Venezuela, claiming proceeds will benefit both nations. This follows a US military operation that killed 24 Venezuelan personnel. Read the latest updates.
President Trump announces Venezuela's interim authorities will transfer 30-50 million barrels of oil to the US. Proceeds controlled by US govt for mutual benefit. Details inside.
President Trump announces Venezuela's interim authorities will transfer 30-50 million barrels of oil to the US, to be sold at market price. Details on the deal's impact and revenue.
Former US President Donald Trump reveals a deal where Venezuela's interim authorities will redirect 30-50 million barrels of sanctioned oil to the US. Details inside.
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.
Discover the real reason behind US interest in Venezuela's oil reserves. It's not just about quantity, but the specific type of crude. Read the full analysis now!
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.
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?
Venezuela holds the world's largest proven oil reserves in 2025. See where Saudi Arabia, Canada, Iran, and India rank in the global list. Key insights from OPEC's latest data.
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.