Trump's Venezuela Oil Plan: A 100-Year History of Risk
Trump's push for Venezuela's oil wealth is the latest chapter in a century-long, turbulent saga of US involvement, marked by fortunes made, nationalization, and deep-seated challenges.
Trump's push for Venezuela's oil wealth is the latest chapter in a century-long, turbulent saga of US involvement, marked by fortunes made, nationalization, and deep-seated challenges.
As Trump meets oil execs on Venezuela, an expert explains why risks outweigh rewards. High debt, political instability, and uncertain terms deter major new investments despite vast reserves.
US President Donald Trump indicates extended US control over Venezuela, planning to manage its vast oil reserves. Details on the strategy and Caracas's response inside.
The Trump administration is crafting a sweeping plan to dominate Venezuela's oil industry for years, aiming to lower global prices to $50 a barrel and counter Russian and Chinese influence. Read the full details.
US Navy seizes two oil tankers linked to Venezuela in the Atlantic Ocean. The action is part of sanctions enforcement against PDVSA. Read the full details and implications.
Venezuela's PDVSA reports progress in oil talks with the US. Trump seeks 'total access' for US firms under interim President Delcy Rodriguez. Details on the high-stakes energy negotiations.
As Trump pushes for US investment in Venezuela's oil, major hurdles like Chinese dominance, damaged infrastructure, and low prices make it a hard sell. Key details inside.
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.
Markets react with restraint to Maduro's capture. Analysis shows Venezuela's oil woes stem from deep structural issues, not just politics. Read why resources alone don't guarantee investment.
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.
The Trump administration is convening meetings with major US oil companies to discuss potential sanctions relief for Venezuela's oil sector. Explore the strategic implications.
Hedge fund Elliott Investment Management is poised to finalise its controversial $6 billion takeover of Venezuela's US-based Citgo Petroleum. The political shift in Caracas could boost the refiner's value. Read the full analysis.
After Maduro's capture, Trump eyes Venezuela's 300bn barrel oil reserves. But can US companies overcome a $110bn funding gap, brain drain, and a saturated market? Analysis inside.
Despite holding the world's largest proven oil reserves, Venezuela remains a minor supplier. Experts cite policy, sanctions, and infrastructure decay. Can it revive its energy sector?
Venezuela's PDVSA slashes crude production as US blockade halts exports, storage fills. Political crisis deepens economic strain. Read the full analysis.
President Trump says US oil giants can fix Venezuela's broken industry and make money. But reviving the world's largest reserves needs massive investment. Read the full analysis.
Analysts say Trump's plan for US firms to rebuild Venezuela's oil sector won't move global prices near-term. Political instability & massive investment needs are key hurdles. Read more.
Donald Trump's plan to seize and revitalize Venezuela's oil industry faces immense challenges, including sanctions, massive debt, and crumbling infrastructure. Explore the details and potential consequences.
Senior Congress leaders Shashi Tharoor and Abhishek Singhvi condemn US sanctions on Venezuela's oil sector, calling it a violation of international law. Read their sharp critique.
US military action in Venezuela sparks oil market watch, but disruptions are limited due to existing sanctions. India's oil trade and investments remain largely insulated from the fallout. Read the full analysis.
The US reinstates sanctions on Venezuela's crucial oil and gas sector, targeting state-owned PDVSA. This move pressures Maduro's government to uphold its electoral commitments. Read the full analysis of the impact.
Venezuela condemns the US seizure of an oil tanker as 'international piracy,' escalating tensions over sanctions and global energy markets. Read the full details.
Amber Energy, an Elliott Investment Management affiliate, wins court-ordered auction for Citgo Petroleum parent company. $5.89 billion deal marks crucial step in Venezuela's foreign asset resolution.