US EditionTrump administration sets meetings with oil companies over Venezuela: Report
U.S. oil companies seek legal, financial, and security guarantees before investing in Venezuela's oil sector, aiming to increase production from around 1 million barrels daily, experts say.
- Reuters and CBS reported that the White House is scheduling meetings later this week with Exxon Mobil, ConocoPhillips and Chevron to discuss boosting Venezuelan oil production.
- After U.S. forces seized Nicolás Maduro, the White House pushed U.S. oil companies to invest, and U.S. President Donald Trump said he expects billions in spending to revive production.
- Exxon Mobil, ConocoPhillips and Chevron said they had no prior talks with the White House about Venezuela on Monday, citing antitrust limits and noting Chevron operates there under a special license.
- U.S. Energy Secretary Chris Wright will meet oil executives at the Goldman Sachs Energy, CleanTech & Utilities Conference in Miami as officials weigh incentives and the API's advisory role, while the.SPNY rose 2.5% with Exxon Mobil and Chevron gains.
- Analysts warn that returning to 3 million barrels per day requires over a decade of work and Venezuela's proven reserves exceed 303 billion barrels amid political instability and technical challenges.
90 Articles
90 Articles
Energy executives scramble to head off Trump demands on Venezuela
Top energy executives are weighing telling President Donald Trump that the industry can increase Venezuela’s oil output by hundreds of thousands of barrels per day over the coming months, people familiar with the preparations for Friday’s White House meeting told CNN.
Venezuela, proof that fossil fuels are a security curse – The Mail & Guardian
As American military forces move against Venezuela, the world is witnessing yet another chapter in the age-old story of oil and empire. While Nicolás Maduro’s regime has plenty of critics, we must not be blind to what is truly unfolding: the United States is wielding Venezuela’s vast petroleum reserves as an instrument of geopolitical control, precisely when humanity most urgently needs to move beyond fossil fuels.For those of us in Africa watch…
Fox News Asked JD Vance How Capturing Maduro Helps American Citizens, And His Response Is Being Called A "Mask Off" Moment
"I thought this was about drugs getting off American streets. At least now they are being honest about what this was all about," one person reacted to Vance's comments.View Entire Post ›
JD Vance confesses Venezuela takeover was really about controlling the country’s ‘incredible natural resources’ but we knew that already
Vice president JD Vance has outright admitted to what is likely the true reason behind the U.S. abducting Venezuelan President Nicolás Maduro in an interview with the loathsome Fox News host Jesse Watters. When the president of Venezuela, Nicolás Maduro, was abducted over the weekend, Donald Trump claimed that the country’s leader had been arrested due to him supposedly flooding the U.S. with drugs. However, many have suspected that Trump’s admi…
'Conspicuously absent': JD Vance reportedly waiting for MAGA reaction to latest Trump move
Vice President JD Vance has been noticeably quiet about the United States attack on Venezuela and capture of its leader Nicolás Maduro, and that could point to something else at play, according to an analyst.Vance has released only commented once since the "military incursion in Venezuela" and it could have to do with interest in a 2028 presidential run, Salon's Heather Digby Parton wrote in an opinion piece published Thursday. "The one person w…
Coverage Details
Bias Distribution
- 47% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
