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 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 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 receives billions in remittances but fails to track its migrant workers imprisoned abroad, highlighting a critical data gap in protecting citizens overseas. Read the full analysis.
Four migrant workers from Purulia, assaulted in Chhattisgarh, return home. Police confirm no criminal records. Details on the wage dispute and alleged Bajrang Dal attack 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 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?
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.
China voices grave concern over the reported US capture of Venezuelan President Nicolas Maduro and his wife, demanding their immediate release. Get the latest global diplomatic fallout.
China calls for the immediate release of Venezuelan President Nicolas Maduro following his capture by the US. Beijing expresses grave concern and vows close monitoring.
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 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.
Venezuelan official reports 40 killed in a US airstrike on a migrant boat. The incident escalates diplomatic tensions. Read the full details and international reactions here.
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 military strikes in Caracas leave at least 40 dead, overwhelming hospitals. A soldier's emotional video breaks silence on the attack's human cost. Read the full report.
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 defends military action in Venezuela, citing drug trafficking & seized oil assets. Maduro detained. Read the full details and implications.
A boat carrying over 100 passengers capsizes in Nigeria's Yobe State, killing 25. Rescue operations continue for 14 missing persons. Details on the tragic accident.
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.
A passenger boat capsized in Nigeria's Kwara State, killing at least 25 people. 14 remain missing as rescue operations continue. Details on the tragedy and local response.
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.
China demands immediate release of Venezuelan President Maduro after alleged US capture, warning of retaliation. Over $100 billion in Chinese investments in Venezuela now under threat.
The US operation to capture Venezuela's President Maduro involved months of planning, elite forces, and a mock-up of his safe house. The attack killed at least 40. Read the full details.
After a daring military operation captured Venezuelan leader Nicolás Maduro, President Trump pledges an open-ended US-led governance of Venezuela, marking a stark reversal from his previous foreign policy stance. Details inside.
Elon Musk's Starlink provides free broadband in Venezuela following President Maduro's dramatic capture. US President Trump pledges active role in the country's future. Read the full story.
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