Stung by Iran war, Trump heads to China in need of winsPresident Trump visits China with reduced trade goals. His earlier tariff strategy has not yielded expected results. The meetings will focu...
12 May, 2026, 08.04 AM IST
Venezuela's oil exports jump to highest since 2018, with more sales to US, IndiaVenezuela’s oil exports rose 14% to 1.23 million barrels per day in April, the highest in over seven years, driven by increased sales to th...
01 May, 2026, 09.35 PM IST
US allows oil majors to resume Venezuela operations, broadly okays new energy investmentsAmerica has eased sanctions on Venezuela's energy sector. This allows global energy companies to restart oil and gas operations. Companies ...
13 Feb, 2026, 10.56 PM IST
US pushes for Venezuela investment, energy secretary warns about legitimacy of Chinese dealsUnited States Energy Secretary Chris Wright visited Venezuela. He indicated that legitimate deals by Chinese companies will be acceptable. ...
12 Feb, 2026, 08.36 AM IST
US soon to issue general license for oil production in Venezuela: ReportThe U.S. government is preparing to issue a general license this week, allowing companies to produce oil and gas in Venezuela. This move ai...
04 Feb, 2026, 06.59 AM IST
US eases Venezuela sanctions after oil sector reformsAmerica has eased sanctions on Venezuela's oil sector. This follows reforms allowing American companies to re-enter the industry. Venezuela...
30 Jan, 2026, 07.50 AM IST
US issues license for oil companies to operate in VenezuelaThe Trump administration has eased sanctions on Venezuela. A new license allows US oil companies to export, sell, store, and refine Venezue...
30 Jan, 2026, 06.48 AM IST
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...
09 Jan, 2026, 09.17 PM IST
Trump to meet top US oil execs after seizing Venezuela leaderPresident Trump is meeting US oil giants to secure their backing for Venezuela's energy sector, which he aims to control. Washington assert...
09 Jan, 2026, 07.06 AM IST
US said to revoke several transnational oil, gas company licenses to operate in VenezuelaThe United States has revoked licenses for several international oil and gas companies to operate in Venezuela, impacting firms like Chevro...
31 Mar, 2025, 01.51 PM IST
Secret Biden deal allowed Chevron to pay Venezuela millionsThe Biden administration covertly allowed Chevron to pay millions to Venezuela's government despite sanctions. This arrangement, under a 20...
22 Mar, 2025, 07.46 AM IST
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...
27 Feb, 2025, 08.19 AM IST
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...
19 Jan, 2025, 12.09 PM IST
Reliance renews bid for US license to import Venezuelan oil: SourcesIndian oil refiner Reliance Industries has resubmitted a request to the US for authorization to import crude oil from Venezuela, allowing i...
06 May, 2024, 10.02 PM IST
US reimposes oil sanctions on Venezuela as hopes for a fair presidential election fadesThe Biden administration has announced the reinstatement of oil sanctions on Venezuela, citing President Nicolas Maduro's efforts to solidi...
18 Apr, 2024, 07.42 AM IST
ONGC hopes to recover over USD 400 mn dividend as sanctions eased on VenezuelaOVL agreed to provide loans of up to USD 60 million for implementing the remediation plan of the project. Under the loan arrangement, it pr...
26 Oct, 2023, 08.34 PM IST
US easing Venezuela oil sanctions after election dealThe Biden administration has eased sanctions on Venezuela's oil and gas sector in response to a 2024 election deal between the government a...
19 Oct, 2023, 05.06 PM IST