Trending News: Oil Supply Shock to Worsen as Inventories Fall Further Even if Conflict EndsMicrosoft May Abandon its Clean Energy Powered Data Centre TargetsTrump Met With Chevron and ExxonMobil on Tuesday to Discuss VenezuelaOccidental Scraps New Oil Hedges as Iran War Fuels Price VolatilityUS Says Airline Jet Fuel Costs Jumped $1.8 Billion or 56% in MarchAverage U.S. Gasoline Price Tops $4.50 to Near Four-Year HighLufthansa Warns Strait of Hormuz Closure Will Add $2 Billion in Fuel CostsUAE advances graphene production through Dana Gas-Levidian dealSpaceX plans $55bn Terafab chip facility in Texas“AI”ING IT: Exxon Using AI for Faster Analysis of Guyana’s Oil Fields, VP of Exploration SaysCOMMENTARY: Trump Broke OPEC. He May Regret It: BoussoNRG Energy Misses Quarterly Profit Estimates on Mild Texas Weather, Higher CostsUS Gasoline Prices Top $4.50 a Gallon as Summer Driving Season NearsEurope’s Gas Market Braces for Winter Shock as Traders Bet Prices Could DoubleSaudi Arabia Cuts June Oil Prices by Less Than Expected as Hormuz Risks PersistPakistan Issues Emergency LNG Tender for Two Cargoes as Power Crisis DeepensCharbone opens first US hub in AlbanyNel launches new pressurised alkaline system with sub-$1,500/kW capexTopsoe and BioVeritas to develop SAF and renewable fuelsBOC to build New Zealand ASU to support the South IslandVideo | Unlocking hydrogen cost reductions through deploymentOil Slides After Pakistani Source Says US and Iran are Close to Framework Peace DealNeoen Activates Major Solar Farm In Australia With Large Battery Storage Expansion PlannedEnergy Security Concerns Force the EU to Reconsider Domestic Gas DrillingOil Prices Fall Below $100 After Trump Pauses Hormuz Escort PlanGreen Energy Stocks Trade Mixed As Clean Energy Sector Sees Selective Buying And Profit BookingTop Stories Of The Day: PIXON Gets 2.3 GW ALMM Approval; UPEX 2026 Opens Tomorrow; Pratap Wins ₹776 Cr NTPC BESS Deal and More…Singapore Strengthens Climate Strategy With Solar Expansion And Adaptation PlansHAM Group offers biomethane refuelling across entire service station networkTrump Pauses Project Freedom for ‘Short Period’CCS is low-carbon technology of choiceIndonesia Launches 1.2 GW Mentari Nusantara Solar Tender To Accelerate Clean Energy TransitionAfrox signs 10-year PPA for Cape Town ASUAfrox signs 10-year PPA for Cape Town ASUGreen hydrogen supply shows ‘meaningful progress’ amid more predictable offtake: Ballard CEOInterlune wins $6.9m NASA contract for helium-3 and hydrogen techUK firm produces first green hydrogen at second facilityFinnish startup plans CO2-to-fuel pilot aimed at cutting costs45-8 Energy confirms helium and nitrogen at Fonts-BouillantsUS Senators Push to Reinstate Russian Oil SanctionsAPI Confirms Very Large Crude and Oil Product DrawsAustralia Plans $7 Billion Fuel StockpileAustralia’s fuel and fertiliser security package could ‘close the loop’ for hydrogen: AHCPodcast | CO2 sourcing and synergiesPakistan calls for emergency LNG suppliesPakistan calls for emergency LNG suppliesHydrogen investment appetite rebounds on ‘grounded’ market shift, says law firmU.S.-Canada Oil Pipeline Nears Go-Ahead as Shippers Lock In VolumesOil sinks as possible U.S.-Iran deal raises hopes for Hormuz reopeningBritish-US consortium aims to build UK fusion plantUrenco’s Capenhurst site produces LEU+ in first trial runPodcast: Will Spain rethink nuclear energy phase-out plan?Shell and INEOS Strike Gulf of Mexico Exploration DealTrump Says Iran “Should Wave the White Flag of Surrender”Iraq Offers Huge Discounts for Crude Shipments via HormuzDuke Energy Tops Profit, Revenue Estimates on Rate Recovery, Weather BoostMarathon Petroleum Profit Beats Estimates as Iran War Drives Refining MarginsMiddle East Truce in Doubt as US and Iran Fight for Control of Strait of HormuzGoldman Sachs: Global Oil Inventories Fall to 8-Year LowNorway’s $2.2T Fund Accused of Backing Big OilShips Cluster Off Dubai as Iran Expands Area of Control at HormuzUkraine Hits 400,000 bpd Kirishi Refinery in Drone Attack Near St. PetersburgAirgas acquires Arco Welding Supply in MassachusettsGasoline Prices Jump Across All 50 StatesRatermann Manufacturing named MDG supplier of the yearCummins books $199m in charges on hydrogen fuel cell business saleCummins books $199m in charges on hydrogen fuel cell business saleGETTING CLOSE: Canada-US Oil Pipeline Close to Reaching Commitment RequirementGlobal Oil Slips But Middle East Fighting Limits LossesAir Liquide sells global biogas assets as Q1 sales edge lowerVideo | Why hydrogen projects are struggling to reach FIDCalifornia Gas Prices Surge Past $6 Amid Oil Supply CrunchExplosion Rocks South Korean Cargo Ship in Strait of HormuzVikran Engineering Limited Commissions Second 5 MW Solar Plant In Ambijalgaon, Maharashtra Under PM KUSUM Scheme To Support Agricultural Irrigation And Rural Energy AccessIndian Energy Exchange Records 12,341 MU Electricity Traded In April 2026, Up 16.6% Year-On-Year Amid Rising Demand And Volatile Weather ConditionsExperts At MAGMA 2026 Say India Must Diversify Energy Mix With Geothermal And Natural Hydrogen To Strengthen Energy Security Amid Global UncertaintiesHong Kong and Dongguan to establish SAF hub for Asia PacificIberdrola Earns Top Global Sustainability Recognition With Continued Inclusion In The Dow Jones Best-In-Class World And Europe IndicesAustralia Awards 1.9 GW Renewable Energy And 3.7 GWh Storage Projects To Accelerate WA Clean Energy TransitionOman launches hydrogen power plant tenderCelanese and SharpCell advance CCU in pulp and paperCentral Welding Supply completes full acquisition of Alaskan steel companyGlobalData Identifies ‘Top’ Oil, Gas Themes for 2026UAE Withdraws From OAPECOil Surges to $114 Following Iranian Strikes on UAE PortChevron CEO Warns of Emerging Physical Shortages in Crude OilIndia Condemns Iran Attack on Fujairah as Oil Prices SurgeQatarEnergy extends force majeure on LNG supply ‘to mid-June’QatarEnergy extends force majeure on LNG supply ‘to mid-June’CM2 Supply expands US Midwest footprint with Toll Gas acquisitionAtlas Copco makes two North American acquisitionsToyota to operate 40 Nikola hydrogen trucks in California under Hyroad dealNorway trio team up on Trudvang CCS projectAustralian blue ammonia export project secures federal fast-track boost100,000-tonne Jordan green ammonia project eyes 2027 FID after gov backingRepsol Set to Sell 49% in Spanish Renewables Portfolio to UAE’s MasdarIran, US Exchange Fire in Persian GulfDiamondback Boosts Annual Production Outlook as Oil Prices RallyUS Extends Protection of Venezuela-Owned Citgo From CreditorsChevron CEO Says Physical Shortages in Oil Supply to Begin Appearing

Trump Met With Chevron and ExxonMobil on Tuesday to Discuss Venezuela

Business & Policy
May 7, 2026

Wednesday, May 6 (Reuters) – U.S. President ‌Donald Trump told reporters on Wednesday ⁠that he met with top officials at Chevron (CVX.N) and ‌ExxonMobil (XOM.N) ⁠a day earlier to discuss ⁠Venezuela.

Reporting By Jacob ⁠Bogage and ⁠Jarrett Renshaw; Editing by Jasper Wad

Get the Latest US Focused Energy News Delivered to You! It’s FREE: