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US Army Secretary Dan Driscoll tenders resignation over rift with Pete HegsethU.S. Army Secretary Dan Driscoll has submitted his resignation amid escalating tensions with Defense Secretary Pete Hegseth, though the Whi...
Firms including Chevron, ONGC, GE Vernova on track to sign final pacts in Venezuela, sources sayInternational energy giants are on the brink of finalizing key agreements for projects in Venezuela, which may be signed within the week. F...
ONGC can withstand oil prices in $60-90 range, says chairmanONGC chairman Arun Kumar Singh stated the company is prepared for oil prices between $60-90 per barrel. The company's integrated operations...
ONGC to enter oil trading, build strategic reserves as upstream remains coreONGC plans to enter crude and petroleum product trading operations soon. A new strategic petroleum reserve will be built in Mangalore. Expl...
Venezuela's interim president says US energy deal will last 25 yearsVenezuela's interim president announced a historic 25-year energy accord with the United States. This agreement targets increasing crude ou...
What we know about Trump's deal giving US access to vast oil reserves in VenezuelaThe United States and Venezuela have announced a significant oil deal. This agreement grants America a stake in Venezuela's vast oil reserv...
Trump administration weighs US ownership stake in Venezuela’s vast oil reserves: ReportThe Trump administration is discussing a potential US ownership stake in Venezuela’s oil industry, Axios reported, covering more than a doz...
Rust, power cuts and delays: Inside Venezuela’s oil export crisisVenezuela's oil exports face significant delays due to ageing port infrastructure. Tankers wait up to thirty days for loading, slowing oper...
'Too much money': Trump attacks ExxonMobil & Chevron over massive profits, demands lower gasoline prices for American driversUS President Trump voiced his discontent with ExxonMobil and Chevron, accusing them of reaping excessive profits at the expense of consumer...
Trump hails Chevron's comeback, tells oil firms: 'Get your consumer (retail) oil prices down, now'Donald Trump stated his administration's policies fueled Chevron's success and growth. He highlighted the company's return to Venezuela as ...
Big bets, bigger risks: Why US oil majors are holding back in VenezuelaUS oil companies and Venezuela's government face stalled negotiations over key oil assets. Companies seek fiscal guarantees and access to a...
ONGC in talks to acquire PDVSA stakes in two Venezuela oilfieldsIndia's ONGC is in talks with Venezuela's PDVSA to acquire stakes in two oilfields, San Cristobal and Carabobo. This move hinges on ONGC se...
US refiner Valero to import up to 6.5 million barrels of Venezuelan crude in March, sources sayValero Energy plans to import significant Venezuelan crude oil in March. This move could position Valero as the leading foreign refiner of ...
Trump administration did not consult US oil majors on Venezuela, oil executives say, meetings now plannedPresident Trump stated he spoke with US oil firms about Venezuela before and after Nicolas Maduro's capture. However, oil executives deny a...
CVX stock price: Why Chevron stock jumps today after Trump’s Venezuela remarks - here's what he saidChevron stock: American oil stocks saw a sharp rise on Monday. President Donald Trump's move against Venezuela's leadership has sparked opt...
Trump axes Chevron's Venezuela oil license, citing lack of electoral reformsU.S. President Donald Trump announced the reversal of a license granted to Chevron to operate in Venezuela, citing President Nicolas Maduro...
US rejects Venezuelan President Maduro's reelection, but keeps financial lifeline for his governmentIn 2022, Venezuela saw a glimmer of hope with a U.S. permit allowing Chevron to export Venezuelan oil, boosting the economy despite dispute...