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?
Venezuela's top lawmaker announces a significant prisoner release, including foreigners, as a unilateral peace gesture. Read the latest developments.
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?
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.
The US attack on Venezuela repeats past mistakes, subverting the international rules-based order. Read our analysis of this illegal aggression and its global implications.
Top US economist Jeffrey Sachs condemns US actions in Venezuela at UN Security Council, calling it a hegemonic power grab. He urges upholding international law. Full details inside.
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.
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.
CPI Bhubaneswar staged a protest condemning US aggression against Venezuela, demanding the release of President Maduro and an end to oil exploitation. Read the full story.
Former US President Donald Trump warns Venezuela will pay a 'huge price' after interim leader backs Maduro. Get the latest on the escalating political standoff.
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 justifies military intervention in Venezuela, citing drug trafficking and oil expropriation. Get the full details on the escalating tensions.
US Vice President JD Vance defends military action in Venezuela, citing drug trafficking & seized oil assets. Maduro detained. Read the full details and implications.
Venezuela's military endorses Delcy Rodriguez as acting president after US forces capture Nicolas Maduro. Defence minister urges citizens to resume normal life. Read the latest developments.
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.
Following the capture of Nicolas Maduro by US forces, Delcy Rodríguez assumes Venezuela's presidency. Here are three crucial things to know about her background, economic role, and US connections.
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.
Venezuelan expatriates in Miami's Doral area erupted in street celebrations following the capture of President Nicolas Maduro. Residents, who fled economic crisis, thanked US President Donald Trump for the dramatic turn of events.
In a dramatic overnight operation, US forces captured Venezuela's President Nicolás Maduro. Social media draws parallels to Amazon's Jack Ryan series. Read the full details.
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.
Venezuela faces turmoil as US forces capture President Nicolás Maduro. Massive protests grip Caracas, sparking a fierce debate over sovereignty and oil control. Read the latest updates.
Indian National Congress and Left parties denounce US aggression in Venezuela, expressing solidarity with its people defending sovereignty. Read the full statement and analysis.