COMMENTARY: We Don’t Need More Oil Today – Venezuela Is a Long Game for Trump
If it’s successful, and that’s a big if, Trump’s imperialistic investment would pay off shortly after US oil output peaks. By Rusty pipelines. Unchecked spills. Decades of chronic underinvestment, brain…
Oil Gains as Market Weighs Iran, Russia Supply Risks; Dealmaking for Venezuela in Focus
Summary Iran unrest, Russia-Ukraine war raise supply concerns Global inventories rise, oversupply may limit price gains White House to meet oil firms to discuss Venezuela NEW YORK, Jan 9 (Reuters)…
US Drillers Cut Oil and Gas Rigs for First Time in Three Weeks, Baker Hughes Says
(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes said…
Trump Has a China Problem in Venezuela: What to Do With Beijing’s Debt and Oil Stakes
By Didi Tang And Bernard Condon A banner on the front end of a bus features images of Venezuelan President Nicolas Maduro and China’s Xi Jinping with a message that…
Banks Eye Venezuela Investment, JPMorgan Seen With Advantage
(Reuters) – The U.S. involvement in Venezuela’s oil sector offers a potential opportunity for international banks, with JPMorgan Chase in an advantageous spot due to its history in the country…
Trump Urges US Oil Giants to Repair Venezuela’s ‘Rotting’ Energy Industry
(Reuters) – U.S. President Donald Trump began a meeting to discuss Venezuela with executives from some of the world’s largest oil companies at the White House on Friday, saying he…
Trump Pushes ‘Drill Baby Drill’ Agenda to Venezuela, Hurts Producers at Home
By Georgina McCartney and Arathy Somasekhar Trump aims for $50 oil, below profitable level for U.S. producers Venezuelan oil redirection to pressure U.S. shale margins U.S. refineries to benefit from…
New Fortress Seeks to Push Debt Deadline as Restructuring Looms
By The New Fortress Energy liquefied natural gas terminal near the Port of San Juan in Puerto Nuevo, Puerto Rico. Photographer: Alejandro Granadillo/Bloomberg Get the Latest US Focused Energy News…
How One Oil Company Got a Head Start in Venezuela
The Trump administration wants the oil majors to rebuild the nation’s energy industry. Chevron has been on the ground there for decades. By With Venezuela President Nicolás Maduro in a…
US Oil Firms Juggle Venezuela Opportunity, Investor Concern Ahead of White House Summit
Secretary of Energy Chris Wright Summary Investors skeptical about Venezuela’s political stability and investment costs Chevron, ConocoPhillips cautious about rushing into Venezuela investments, sources say US plans three-phase process for…
