Why US Oil Firms Are Hesitant on Venezuela Investments
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.
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.
President Trump's plan to buy 30-50M barrels of Venezuelan crude could inject billions, but stability hinges on a fragile detente with Caracas. Will it revive the oil giant?
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Elon Musk alleges racial bias is preventing Starlink's launch in South Africa, citing ownership laws. However, regulators state the company never applied for a license. Read the full story.
Venezuela's top lawmaker announces a significant prisoner release, including foreigners, as a unilateral peace gesture. Read the latest developments.
Iran faces a major internet shutdown in Tehran and other regions during protests. Details on the blackout's scale, government response, and global reactions.
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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 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.
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.
India's External Affairs Minister S Jaishankar emphasises safety of Venezuelans as primary concern, urges all parties to dialogue. Read India's official stance on the crisis.
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?
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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.
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.
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US President Donald Trump insists Venezuela must restore economic discipline before rushing to polls. Following a military strike, the US will oversee the government's transition. Read the full details.
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.
US Senator Marco Rubio clarifies America's stance on Venezuela: no intention to govern but a firm plan to impose an oil quarantine. Get the latest details on the escalating situation.
US Vice President JD Vance defends military action in Venezuela, citing drug trafficking & seized oil assets. Maduro detained. Read the full details and implications.
US President Trump announces the US will run Venezuela for a 'safe transition', with big companies fixing infrastructure. He warns of a second, larger attack if needed. Read the full story.
A top US General confirms Venezuelan forces fired on American troops during the capture of President Maduro. Read the full details of the operation and its global repercussions.
US President Donald Trump declares American control over Venezuela's transition and oil reserves following military strikes. Full details on the dramatic geopolitical shift. Read more.
China demands immediate release of Venezuelan President Maduro after alleged US capture, warning of retaliation. Over $100 billion in Chinese investments in Venezuela now under threat.
After a daring military operation captured Venezuelan leader Nicolás Maduro, President Trump pledges an open-ended US-led governance of Venezuela, marking a stark reversal from his previous foreign policy stance. Details inside.
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Elon Musk publicly congratulates President Trump after US forces capture Venezuela's Nicolás Maduro. Musk's Starlink offers free internet in Venezuela. Read the full story.
Elon Musk's Starlink provides free broadband in Venezuela following President Maduro's dramatic capture. US President Trump pledges active role in the country's future. Read the full story.
Elon Musk's Starlink provides free broadband in Venezuela until February 3, following the US military operation that captured President Nicolas Maduro. Read the latest developments.
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