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CHEVRON VENEZUELA OIL PRODUCTION
In 1920s, a sedimentary basin in Texas was denounced as a 'graveyard'. 100 years later, it generates $100 billion and 800,000 jobs across AmericaWith over 43% of the nation's oil production and billions of dollars in revenue, the Permian Basin in Texas is currently the largest oil-pr...- Iraq's Kurdistan region says oil output resumes at up to 230,000 bpd after drone strikesIraq's Kurdistan region announced that oil production is back up and running, reaching 230,000 barrels per day. This comes after a period o...
- Oil settles lower on clues about Fed policy, rumors of Hormuz dealOn Friday, oil prices dipped, driven by signals from the Federal Reserve and circulating rumors regarding the Strait of Hormuz. Market trad...
- Trump to mark 9/11 at Pentagon, not New YorkUS President Donald Trump said Friday he would mark the 25th anniversary of the September 11, 2001, attacks at the Pentagon -- but angrily ...
- Trump says US inked deal with Venezuela to take control of 65 billion barrels of oil reservesThe United States has reached an agreement with Venezuela concerning oil reserves. This deal involves taking control of sixty-five billion ...
- 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...
- AI could unlock $230 billion annually for upstream oil, gas sector: McKinseyArtificial intelligence could unlock approximately USD 230 billion in annual value across the global upstream oil and gas sector as the tec...
- Oil shock could outlast conflictsGlobal oil prices are experiencing fluctuations as geopolitical tensions persist. The aspirations for a quick resolution of these conflicts...
- Caracas airport to resume commercial flights on September 1 after earthquake damageMaiquetia International Airport will resume commercial flights on September 1. The airport was damaged by twin earthquakes which killed tho...
- ONGC plans $200 million investment to revive Venezuela oilfieldONGC plans a $200 million investment to revive Venezuela's San Cristobal oilfield. The company secured a US license for continued operation...
- India pivots to US for LPG, LNG as West Asia crisis disrupts Gulf suppliesIndia is sharply increasing LPG and LNG imports from the United States as West Asia disruptions constrain traditional Gulf supplies. US LPG...
- Conflict-hit oil supply crisis deepens as nearly half of global output comes from affected countriesNearly half of the world’s oil supply now comes from countries affected by conflict, highlighting the growing vulnerability of global energ...
- India, Gulf bloc discuss next steps on free trade agreementIndia and the Gulf Cooperation Council reviewed free trade agreement negotiations in Riyadh. Discussions focused on strengthening bilateral...
- US billionaires are piling millions into Argentina's Shale boom, here’s what is driving itAmerican billionaires are increasing investments in Argentina's Vaca Muerta shale basin. Harold Hamm's Continental Resources plans a $4 bil...
- 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...
- India reworks oil map with Venezuela as Hormuz battlefield keeps Gulf flows in doubtIndia is increasing crude oil imports from Venezuela and Latin America. This diversification aims to secure supplies amid Middle East disru...
- ONGC gets US licence to resume full Venezuela operations, eyes operatorshipONGC has received a US Treasury license to resume full operations in Venezuela. This approval removes sanctions-related risks, allowing exp...
- '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...
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