US Needs Venezuela's Heavy Crude Despite Being Top Producer
Despite being the world's largest oil producer, US refineries rely on heavy crude from Venezuela, Canada & Mexico. Learn why the shale boom hasn't solved this dependency.
Category : Search result: China Venezuela oil trade
US Plan to Control Venezuela Oil Sales Details Emerge
US officials detail a bare-bones strategy to manage Venezuela's oil exports after Trump's social media claim of securing tens of millions of barrels. Read the full analysis of this geopolitical move.
US to Control Venezuela Oil Sales Indefinitely: Energy Chief
US Energy Secretary Chris Wright says controlling Venezuela's oil revenue is key to stabilising its economy and repaying Exxon, Conoco. Details on the new deal and White House meetings.
US Outlines 3-Phase Venezuela Plan, Seizes Oil
US Secretary of State Marco Rubio details a post-Maduro plan for Venezuela: stabilisation, recovery, and transition. US to seize and sell 30-50 million barrels of stranded oil. Read the full strategy.
Trump Demands Venezuela Cut Ties With China, Russia
With Maduro detained, President Trump sets strict terms for Venezuela's interim govt: sever alliances with China & Russia for US-led oil recovery. Details inside.
China Condemns US Interference in Venezuela's Sovereignty
China strongly criticises US sanctions on Venezuela, defending its lawful rights and urging respect for sovereignty. Read the full diplomatic standoff analysis.
US Demands Venezuela Cut Ties with China, Russia for Oil Deal
The Trump administration pressures Venezuela's interim leader to partner exclusively with the US on oil, sever ties with China, Russia, Iran, and Cuba. Read the full report.
US to get 50M barrels of Venezuelan oil, Trump says
US President Donald Trump announces a major oil deal with Venezuela, claiming proceeds will benefit both nations. This follows a US military operation that killed 24 Venezuelan personnel. Read the latest updates.
Trump: Venezuela to Transfer Up to 50M Oil Barrels to US
President Trump announces Venezuela's interim authorities will transfer 30-50 million barrels of oil to the US. Proceeds controlled by US govt for mutual benefit. Details inside.
Trump: Venezuela to transfer up to 50M barrels oil to US
President Trump announces Venezuela's interim authorities will transfer 30-50 million barrels of oil to the US, to be sold at market price. Details on the deal's impact and revenue.
Venezuela's Interim Govt to Send Oil to US Under Trump Plan
Former US President Donald Trump reveals a deal where Venezuela's interim authorities will redirect 30-50 million barrels of sanctioned oil to the US. Details inside.
Venezuela's Asian Oil Exports Halt for 5th Day
Venezuela's crucial oil shipments to Asia have stalled for a fifth consecutive day amid a US embargo, risking deeper production cuts. Chevron, however, resumes US-bound cargoes. Read the full analysis.
Oil Pipeline Bursts Twice in Assam's Dibrugarh, Spills Crude
An Oil India Limited pipeline in Dibrugarh's Tingkhong area ruptured twice within 12 hours, spilling crude oil onto farmlands and fish ponds. Locals report dead fish and fire risks. Read more on the environmental impact and OIL's response.
Trump's Venezuela Oil Strategy: Heavy vs Light Crude Explained
Discover the real reason behind US interest in Venezuela's oil reserves. It's not just about quantity, but the specific type of crude. Read the full analysis now!
Chavan: Could Trump 'Kidnap' PM Modi Over Trade Tensions?
Prithviraj Chavan links US tariffs & Venezuela op, asks if PM Modi could be targeted. India seeks new markets as MEA monitors Venezuela. Read the full analysis.
Venezuela's Oil: A High-Risk, Low-Reward Bet for Global Firms
Despite holding the world's largest oil reserves, Venezuela's industry is crippled. We explore the massive costs, political risks, and operational nightmares facing companies like Chevron and ConocoPhillips.
Trump's 'Get Ready' Hint to Oil Execs Before Venezuela Move
President Trump hinted to US oil executives weeks before Maduro's capture. The plan to revitalise Venezuela's oil fields hinges on companies like Chevron. Will they invest?
World's Largest Oil Reserves 2025: OPEC Dominates
Venezuela holds the world's largest proven oil reserves in 2025. See where Saudi Arabia, Canada, Iran, and India rank in the global list. Key insights from OPEC's latest data.
Trump Delays Venezuela Election, Focuses on Stabilisation
US President Donald Trump states Venezuela cannot hold elections for 30 days, prioritising stabilisation after Maduro's capture. Details on US plans for oil sector and military readiness.
Maduro's Fall Hits China's Venezuela Investments, Raises Taiwan Question
The US capture of Venezuela's Maduro jeopardises billions in Chinese oil & mineral deals. Analysts debate if this bold move deters or emboldens Beijing's Taiwan ambitions. Full analysis inside.
US Oil Stocks Jump 10% on Venezuela Regime Change
US oil companies surged in pre-market trading after the military capture of Venezuela's President Maduro. President Trump announced plans for the US to run Venezuela and revive its oil industry. Read the full analysis.
Trump's Venezuela Oil Strategy Revealed After Maduro Arrest
US President Donald Trump details plans for Venezuela's oil-rich future, stating US firms are 'desperate' to enter. Maduro is in custody. Read the full analysis.
Venezuela's Massive Oil Reserves Lead World, But Challenges Remain
Venezuela holds the world's largest proven oil reserves at 303 billion barrels, surpassing Saudi Arabia. Discover why this hasn't translated to economic prosperity and how oil still dominates global energy.
China Criticises US for Capturing Venezuela's President Maduro
China condemns US capture of Venezuelan President Nicolas Maduro, calling it a blow to bilateral relations. Foreign Minister Wang Yi asserts no country can act as global judge. Details inside.
India's US crude imports jump 92%, Russia share dips
India's crude oil imports from the US soared over 92% in April-Nov 2025. Russia remains the largest supplier, but its share fell to 33.7%. Explore the shifting energy dynamics.
Expert: India's Edge in Venezuela Oil as Sanctions May Lift
Energy expert Narendra Taneja explains why Venezuela's vast oil reserves don't sway global prices yet, and the unique opportunity for experienced Indian firms when sanctions ease. Read more.
India's Venezuela Oil Investments Face Uncertainty Amid US Move
US intervention in Venezuela creates volatility for India's $2.5 billion oil investments and $600 million in dues. Explore the impact on crude supplies and the global oil market.
Venezuela Oil Output Revival Faces Years, High Costs
Oil prices show muted reaction to US incursion in Venezuela. Analysts warn restoring output to 3 million barrels a day will take years and billions. Read the full analysis.
India's Venezuela Oil Investments in Limbo After US Action
US intervention in Venezuela puts India's $2.5 billion oil investments and $600 million in unpaid dividends at risk. Experts warn of market volatility and energy security impact. Read more.
Venezuela Unrest: India's Oil Supply Unaffected, Future Options Open
India's oil imports from Venezuela have dwindled due to US sanctions. Experts say current unrest won't immediately impact supply or prices but could offer future sourcing opportunities. Read the full analysis.
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