Oil and Gas
Oil ship seized by the U.S. over Venezuela sanctions was newly registered under Russian flag
The U.S. has announced the seizure of the Bella-1 for violations of U.S. sanctions. The vessel, known as the Marinera after recently reflagging to Russia, was seized in the North Atlantic pursuant to a warrant issued by a U.S. federal court after being tracked by USCGC Munro. Source: @US_EUCOM | U.S. Coast Guard | Via […]
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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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How Russia is benefiting from Trump’s Venezuelan oil plan
New data on the shadow fleet shows an increasing number of tankers are seeking the protection of Moscow by changing their flag of registration to Russia. That trend has been further accelerated by the United States’ seizures of vessels carrying sanctioned Venezuelan oil. President Donald Trump has said U.S. oil companies will invest billions of […]
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India’s state-owned refiners keep buying Russian oil even as New Delhi seeks U.S. tariff relief
An oil refinery, operated by Bharat Petroleum Corp., in Mumbai, India. Dhiraj Singh | Bloomberg | Getty Images State-owned refiners in India are still buying Russian oil, even as New Delhi seeks relief from U.S. tariffs imposed for those purchases, according to energy analysts. The U.S. imposed a “secondary” 25% tariff on Indian goods in […]
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Trump says Venezuela to give up to 50 million barrels of oil to U.S.
An oil tanker is docked at a pier at the El Palito refinery of the state oil company PDVSA. Jesus Vargas | Picture Alliance | Getty Images President Donald Trump said Tuesday evening that the interim authorities in Venezuela will be turning over between 30 million to 50 million barrels of oil to the United […]
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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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Michael Burry’s big play off the U.S.-Venezuela situation, which the investor has held for years
Key Points Michael Burry, known for “The Big Short,” said he has owned Valero Energy since 2020. He views the position as being increasingly attractive as the U.S. prepares to take a role in reviving Venezuela’s oil industry. The investor’s comments come after President Donald Trump called on U.S. oil companies to invest in Venezuela […]
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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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