Energy
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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Trump reserves right to use military force to secure oil interests in Venezuela, White House says
U.S. President Donald Trump prepares to depart for the Army/Navy football game in Baltimore, at the White House in Washington, D.C., Dec. 13, 2025. Aaron Schwartz | Reuters President Donald Trump reserves the right to use military force to secure oil interests in Venezuela, White House press secretary Karoline Leavitt said Wednesday. “The president, of […]
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Venezuela will ship sanctioned oil to U.S. indefinitely, sources say
Venezuela will ship sanctioned oil to the U.S. indefinitely, sources close to the White House told CNBC on Wednesday. President Donald Trump said Tuesday that Venezuela will turn over 30 million to 50 million barrels of sanctioned oil, which will be sold at market prices. “That money will be controlled by me, as President of […]
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Greenland PM brushes off U.S. takeover fears after Trump’s Venezuela intervention
Greenland’s Head of Government Jens-Frederik Nielsen addresses a press conference in Nuuk, Greenland, on January 5, 2026. Any US attack on a NATO ally would be the end of “everything”, Denmark’s prime minister warned on January 5, 2026, after US President Donald Trump repeated his desire to annex Greenland. Oscar Scott Carl | Afp | […]
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The market has anointed Chevron the big Venezuela winner. But oil majors face a long road before any payoff
A Chevron gas station in San Francisco, Oct. 28, 2025. Jason Henry | Bloomberg | Getty Images President Donald Trump’s call for U.S. oil companies to rebuild Venezuela’s energy sector after the overthrow of President Nicolás Maduro is easier said than done. Chevron holds the advantage as the only major U.S. oil company currently operating […]
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Maduro overthrow could help these U.S. oil companies recover assets seized by Venezuela
Regime change in Venezuela could pave the way for the return of U.S. oil majors to the South American nation, which has the largest proven crude oil reserves in the world. President Donald Trump called for U.S. oil companies to invest billions of dollars in Venezuela’s energy sector, hours after U.S. forces captured Venezuelan President […]
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Protest over AI, climate crisis leaves tens of thousands without power in Berlin
Police vehicles and repair equipment at the scene to help repair damaged electricity cables at a bridge leading to the Lichterfelde power plant over Teltow Canal following an arson attack on January 4, 2026 in Berlin, Germany. Omer Messinger | Getty Images News | Getty Images A suspected arson attack has left tens of thousands […]
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Shares of Chevron jump 7% after Trump’s military intervention in Venezuela
The Chevron logo is seen at a gas station on July 18, 2025 in Austin, Texas. Brandon Bell | Getty Images Shares of U.S. oil companies soared in premarket trade on Monday, as investors scrutinize the fallout from the Trump administration’s surprise military operation in Venezuela. Chevron shares rose 7.6% at 10:25 a.m. London time […]
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Who controls Venezuela’s oil now? What Maduro’s arrest means for energy markets
The oil tanker “Minerva Astra” lies at anchor in Maracaibo, Venezuela, as protester with the Venezuelan flag approaches the vessel Dec. 17, 2002. Andrew Alvarez | Afp | Getty Images The arrest of Nicolás Maduro has thrown one of the world’s most politically fraught oil industries back into focus, forcing investors to reassess who controls […]
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Crude prices edge lower as Maduro overthrow casts uncertainty over oil-rich Venezuela
A motorcycle passes in front of an oil-themed mural in Caracas, Venezuela on May 9, 2022. Nurphoto | Nurphoto | Getty Images Crude oil prices edged lower Sunday, as the overthrow of President Nicolas Maduro by the Trump administration has cast deep uncertainty over oil-rich Venezuela. U.S. crude oil fell 31 cents, or 0.54%, to […]
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