Trump’s Venezuela Oil Grab Revives ‘Petrodollar’ Debate: McGeever
(Reuters) – There were likely many motives behind America’s capture and arrest of Venezuelan President Nicolas Maduro on Saturday, but one little-discussed factor could be the White House’s concerns about…
Phillips 66 Says Two Gulf Coast Refineries Ready to Process Venezuelan Crude Amid Ramp Up
Refiner Phillips 66 said on Tuesday in a Goldman Sachs conference that it has two Gulf coast refineries which can turn and process Venezuela crudes as they ramp up. Reporting…
COMMENTARY: Trump Now Has His Very Own Oil Empire
By A Madrid protestor holds a caricature of Donald Trump drinking from a Venezuelan oil barrel by Portuguese cartoonist Vasco Gargalo. Photographer: THOMAS COEX/AFP Get the Latest US Focused Energy…
Trump Offers US Oil Companies a Poisoned Chalice in Venezuela
The Venezuelan flag has been fixed on the El Palito refinery of the Venezuelan state oil company PDVSA, in Puerto Cabello, Venezuela February 10, 2024. (Reuters) – U.S. President Donald…
Oil Prices Edge Slightly Higher on Supply Outlook, Venezuelan Output Uncertainty
Summary US to meet oil executives to discuss Venezuelan production boost Analysts predict sufficient supply by 2026 despite uncertainties Reliance Industries halts Russian crude deliveries for January (Reuters) – Oil…
Vistra to Buy Cogentrix Energy in $4.7 Billion Deal Amid Surging Power Demand
Shares of the company rose nearly 5% in extended trading. The deal includes about $2.3 billion in cash, $900 million in Vistra stock and the assumption of $1.5 billion in…
Trump Administration Sets Meetings With Oil Companies Over Venezuela
(Reuters) – The Trump administration did not consult with oil companies Exxon Mobil, ConocoPhillips, or Chevron Corp about Venezuela before or after U.S. forces captured the South American country’s president…
Energy Transfer Expects Capex of $5.5 Billion in 2026
Boats sail along the Buffalo Bayou near Energy Transfer Houston Terminal in La Porte, Texas, U.S., June 23, 2025. REUTERS/Joel Angel Juarez (Reuters) – Pipeline company Energy Transfer said on…
Chevron Resumes Exports of Venezuelan Oil to US After Four-Day Pause, Data Shows
(Reuters) – An oil tanker chartered by U.S. Chevron carrying some 300,000 barrels of Venezuelan heavy crude bound for the U.S. Gulf Coast departed on Monday from the OPEC country’s…
Venezuela Risk to US Economy is Via Oil Prices, But Not Seeing it Yet, Fed’s Kashkari Says
(Reuters) – The main risk to the U.S. economy from the Trump administration’s capture of Venezuela’s leader over the weekend would stem from rising oil prices, Minneapolis Federal Reserve President…
