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CHEVRON DRILLING IN VENEZUELA
Reliance Industries in talks for US permit to buy Venezuelan oil: ReportReliance Industries is seeking United States approval to resume buying Venezuelan crude oil. This move comes as India faces pressure to red...
Venezuela’s oil comeback: Windfall or risky bet?Donald Trump is encouraging American companies to invest billions in Venezuela's oil sector. However, extracting this heavy oil requires ma...
Chevron’s Venezuela turnaround lifts US energy stocks, but risks remainChevron’s improved standing in Venezuela has lifted US energy stocks, with investors betting on future upside from a potential reopening of...
US oil stocks gain after Trump signals access to Venezuela reservesU.S. oil companies' shares jumped on Monday, fueled by the prospect of access to Venezuela's vast oil reserves after President Donald Trump...
US stock market jumps nearly 1% as Dow Jones surges 400+ points; S&P 500, Nasdaq climb on energy, AI, and defense stock rallyUS stock market jumped nearly 1% today as investors reacted to the US military capture of Venezuelan President Nicolás Maduro. The Dow Jone...
Trump’s Venezuela oil revival plan is a $100 billion gambleReviving Venezuela’s oil industry under a US-led plan would take years and cost more than $100 billion, analysts said, as decades of underi...
The Venezuelan oil industry Trump is planning to revivePresident Donald Trump said Venezuela’s oil industry could become profitable again with backing from the United States, after U.S. forces c...
Trump doubles reward to $50 million for arrest of Venezuela's president to face US drug chargesThe Trump administration has doubled the reward to $50 million for Nicolas Maduro's arrest, accusing him of narco-trafficking. Maduro was i...
From power player to pariah? It's just been over 5 weeks and Donald Trump seems to be losing support from U.S business leaders; here's whyPresident Trump faces growing discontent in corporate America due to his trade tariffs and regulatory policies. CEOs are concerned about th...
Hedge funds bet on oil's 'big comeback' after pandemic hobbles producersGlobal oil benchmark Brent has jumped 59% since early November when news of successful vaccines emerged, after COVID-19 travel curbs and lo...
US-China trade deal may send Brent crude prices to $70 levelA tug of war between Opec cuts and a weakening China has been weighing on crude prices.
ONGC Videsh Ltd shortlisted for oil, gas field auction in MexicoOVL was among the 19 companies and seven groups that was pre-qualified to bid for Mexico's maiden offshore oil blocks auction. It was howev...
Oil power shift: Why Rosneft’s India coup is not a revolutionThe 1973 embargo was the first real display of OPEC's power, epitomizing a big underlying shift in the oil market. Up until the 1970s, ther...
Goldman Sachs says oil's biggest problem could be over- and now crude is on a chargeIn European trading, both major benchmarks - Brent crude and West Texas Intermediate - are up by around 1.4%, with Brent at $48.49 and WTI ...
ONGC Videsh qualified along with Chevron, Exxon for Mexico bid roundONGC Videsh Ltd is among the 19 companies and seven groups to have pre-qualified to bid for Mexico's maiden offshore oil blocks auction.
- Geopolitics at $100 a barrel
Oil is flirting with $100 a barrel. Do not think this just another price spike. It suggests a new geopolitical era when energy increasingly...
- Chavez takes over Venezuela's last pvt oil fields
President Hugo Chavez's government took over Venezuela's last privately run oil fields intensifying a power struggle with international com...