Energy
U.S. may lift more Venezuela sanctions next week, Bessent says
U.S. Secretary of the Treasury Scott Bessent speaks in the Oval Office of the White House where President Donald Trump signed an executive order on Dec. 11, 2025 in Washington, DC. Alex Wong | Getty Images U.S. Treasury Secretary Scott Bessent has told Reuters that additional U.S. sanctions on Venezuela could be lifted as soon […]
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Trump seeks to stop courts, creditors from seizing Venezuelan oil revenue in the U.S.
U.S. President Donald Trump takes questions from members of the media during a meeting with oil and gas executives in the East Room of the White House on Jan. 9, 2026 in Washington, DC. Alex Wong | Getty Images U.S. President Donald Trump on Friday signed an executive order that aims to block the seizure […]
Read MoreBehind Anthropic’s stunning growth is a sibling team that may hold the key to generative AI
SAN FRANCISCO — Daniela Amodei has an energy that’s hard to place — warm, unhurried, immediately present. She swept into a sunlit room on the ground floor of Anthropic’s headquarters in December, sat down, and immediately apologized for her mug. “Is my, like, gigantic novelty mug going to be distracting if I have it?” she […]
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What the Big Oil executives told Trump about investing in Venezuela
Leading U.S. oil executives told President Donald Trump at the White House on Friday that Venezuela will need major reforms to attract investment. Trump said Friday the industry would invest at least $100 billion to rebuild Venezuela’s energy sector with U.S. security guarantees. But the CEOs of big oil companies like ExxonMobil and ConocoPhillips did […]
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Trump says oil companies will spend $100 billion in Venezuela with U.S. government protection
President Donald Trump met Friday afternoon with more than a dozen oil companies at the White House to discuss plans for investment in Venezuela, less than a week after the U.S. ousted President Nicolas Maduro. Exxon CEO Darren Woods, ConocoPhillips CEO Ryan Lance, and Chevron Vice Chairman Mark Nelson attended. Executives from Halliburton, Valero and […]
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Trump says he’s cancelled second wave of attacks on Venezuela
US President Donald Trump speaks during the House Republican Party (GOP) member retreat at the Kennedy Center in Washington, DC, on January 6, 2026. Mandel Ngan | Afp | Getty Images U.S. President Donald Trump has said he has canceled a fresh military attack on Venezuela, saying the two countries “are working well together,” on […]
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Venezuela bond bets pay off as Maduro’s overthrow brings 30% gain. This hedge fund says there’s more ahead
The revival of Venezuela’s oil industry presents investors with a major opportunity in the country’s defaulted debt, according to a firm that generated a 30% gain after the country’s president, Nicolas Maduro, was captured by U.S. forces on Saturday. The Wall Street Journal reported Tuesday that U.S. President Donald Trump plans to meet with oil […]
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Trump says Venezuela will purchase American products with revenue from oil deal
President Donald Trump said Wednesday that Venezuela will purchase American products with revenue from its oil sales. “I have just been informed that Venezuela is going to be purchasing ONLY American Made Products, with the money they receive from our new Oil Deal,” Trump said in a post his social media platform Truth Social. The […]
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