Why US Oil Firms Are Hesitant on Venezuela Investments
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.
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 military action in Venezuela highlights state-sponsored drug trafficking. India faces rising threats from synthetic drugs like fentanyl, crypto payments, and terror funding. Analysis and solutions.
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 Secretary Marco Rubio confirms talks with Denmark over Greenland, as Trump's acquisition plans stir NATO tensions. Details on Maduro's capture and court appearance.
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.
China issues a sharp rebuke to the US for its military action in Venezuela and capture of President Maduro, defending sovereignty and opposing intervention. Read the latest developments.
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.
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.
US military action in Venezuela aims to control its vast oil reserves. Experts analyze if this can address America's colossal $38.4 trillion debt burden. Read the full 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?
UN Under-Secretary-General Rosemary DiCarlo expresses deep concern over US military action in Venezuela, warning of potential intensification of instability. Read the full analysis.
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.
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.
Bank officers' unions announce a nationwide strike on January 27, demanding a five-day work week. The action follows a lack of government response despite a prior agreement. Read more.
US President Donald Trump insists Venezuela must restore economic discipline before rushing to polls. Following a military strike, the US will oversee the government's transition. Read the full details.
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.
US Senator Marco Rubio clarifies America's stance on Venezuela: no intention to govern but a firm plan to impose an oil quarantine. Get the latest details on the escalating situation.
US Vice President JD Vance justifies military intervention in Venezuela, citing drug trafficking and oil expropriation. Get the full details on the escalating tensions.
US Vice President JD Vance defends military action in Venezuela, citing drug trafficking & seized oil assets. Maduro detained. Read the full details and implications.
US military action leads to capture of Venezuelan President Nicolas Maduro. He faces trial in New York on serious charges, held in a notorious Brooklyn facility. Read the full story.
Venezuela's military endorses Delcy Rodriguez as acting president after US forces capture Nicolas Maduro. Defence minister urges citizens to resume normal life. Read the latest developments.
Bank employee unions call for a nationwide strike on January 27, 2025, demanding pension updates and opposing new policies. Services may be impacted.
Iceland Cricket Association's quirky social media post takes a jab at US motives in Venezuela, humorously highlighting its own 'seriously underwhelming' cricketers. Read the full story.
US President Trump announces the US will run Venezuela for a 'safe transition', with big companies fixing infrastructure. He warns of a second, larger attack if needed. Read the full story.
A top US General confirms Venezuelan forces fired on American troops during the capture of President Maduro. Read the full details of the operation and its global repercussions.
In a dramatic overnight operation, US forces captured Venezuela's President Nicolás Maduro. Social media draws parallels to Amazon's Jack Ryan series. Read the full details.
US President Donald Trump declares American control over Venezuela's transition and oil reserves following military strikes. Full details on the dramatic geopolitical shift. Read more.