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VENEZUELA OIL DEAL
The Venezuelan billionaire the US investigated for money laundering now has a Pentagon oil dealBillionaire Alejandro Betancourt, once investigated by US authorities over alleged money laundering linked to Venezuelan state oil firm PDV...- US structured Venezuela oil position to protect it from dilution, official saysThe US government secured a 35% stake in a Venezuelan oil venture. This stake was structured as warrants to protect against capital raises....
- US energy chief rejects ‘stealing Venezuelan oil’ claims as Washington takes control of vast reservesUS Energy Secretary Chris Wright denied claims of stealing Venezuelan oil. He stated private companies bring money and technology to develo...
- Venezuela's Nicolas Maduro asserts immunity, urges US judge to dismiss chargesOusted Venezuelan President Nicolas Maduro seeks dismissal of drug charges. He argues for head-of-state immunity from prosecution in a U.S....
- Chevron expands Venezuela presence with $7 billion plan to double oil output in five yearsChevron shares rose 0.51% to $212.13 on Wednesday as the oil major announced plans to invest more than $7 billion in Venezuela. The company...
- 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 Videsh eyes Venezuela oil assets after US green lightAn Indian investment team is reviewing Venezuelan oil assets after receiving US government approval. This visit marks the first such trip i...
- US energy chief says Venezuela oil output to more than double in next few yearsUS Energy Secretary Chris Wright said oil deals expected to be signed in Caracas could more than double Venezuela’s crude production within...
- Trump's oil deal with Venezuela raises red flags for some major producers, sources sayA proposed US deal granting North American Blue Energy Partners a 100-year lease over 17 Venezuelan oilfields is raising concerns among maj...
- Oil prices rise as latest fighting resurrects Middle East supply disruption risksOn Tuesday, oil prices surged as concerns over supply disruptions arose due to escalating conflicts in the Middle East. Both Brent crude fu...
- Venezuelans view US oil deal with doubt, hopeVenezuela and the United States have finalized a significant oil deal. This agreement aims to revitalize the nation's struggling petroleum ...
- 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...
- Trump to replenish US oil reserves with Venezuelan crude; 'topping out' process to begin shortlyDonald Trump announced plans to refill the Strategic Petroleum Reserve. He stated Venezuelan oil would be used for this replenishment effor...
- 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 ...
- Oil jumps more than 1% after US attack on Iran's Larak islandBrent crude futures climbed $1.08, or 1.23%, to $89.18 a barrel as at 0040 GMT while U.S. West Texas Intermediate crude was at $84.32, up 9...
- 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...
- US to take 35% stake in Venezuelan mogul Betancourt's oil venture: ReportThe US government plans a 35% passive stake in Alejandro Betancourt's energy company. It also seeks preferential rights to purchase 20% of ...
- 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 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...
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