US oil refiners gear up for comeback of Venezuelan crude
Facilities across the Gulf Coast are already well poised to process imports from the South American country...
6dFinancial TimeseconomicsImpact
Facilities across the Gulf Coast are already well poised to process imports from the South American country...
Investors will weigh short-term disruption to Venezuelan exports against potential to eventually pump more crude...
Country’s crude output has fallen under Maduro regime despite its vast reserves...
Decision marks Washington’s latest move to increase pressure on Maduro regime in Caracas...
Chevron, the only US oil major still operating in Venezuela, counts Berkshire Hathaway as a key shareholder. Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images The Trump administra...
President Trump wants more U.S. oil companies to "go in" to Venezuela. But there are economic, historical, and climate reasons that may not be easy. Here's what you need to know about oil in Venezuela...
Chip Somodevilla/Getty Images, Anna Moneymaker/Getty Images Federal Reserve Chair Jerome Powell said the US central bank was served grand jury subpoenas on Friday from the Department of Justice that t...
President’s effort to drive down crude prices will hit sector struggling to sustain output growth...
Entrepreneurs seek to steal march on bigger rivals that are still weighing risks of re-entering country...
Washington announced its control over Venezuela's oil sales after capturing two tankers transporting sanctioned crude and capturing Nicolás Maduro....
The US president announced plan to acquire and sell between 30 and 50 million barrels of oil from Venezuela. Venezuela's acting leader Delcy Rodriguez said her government, not a "foreign agent," contr...
Bitcoin mining electricity costs could fall if Venezuelan oil production increases, though it may take several years before the benefits are fully realized, Bitfinex analysts say....
Climate change shifted the oil production debate from scarcity to demand. But without delivering on ambitious green pledges, one expert predicts production may peak within two years, forcing a chaotic...
SOFAZ is diversifying its sovereign wealth portfolio beyond oil and gas, investing in renewables, infrastructure and digital assets to manage risk and support long-term financial stability....
Venezuela underwent major economic and social changes in the mid-20th century. Jack Manning/Getty Images Venezuela, home to the world's largest oil reserves, was once among the world's richest nations...
President Trump has set his sights on Venezuela's vast oil reserves, the largest in the world. If consolidated under Washington’s influence, about one third of global oil reserves could end up under U...
Ride-hailing drivers face increased competition for earnings as well as the growth of driverless taxis. Sebastian Gollnow/picture alliance via Getty Images Gig workers have been facing declining earni...
Donald Trump to hold more talks with industry bosses as president flexes power over energy markets...
Country’s output could drop by a third in next month, threatening Trump’s hopes of windfall for energy sector...
Nicolas Maduro's allies have been particularly vocal in their condemnation of the US' capture of the deposed Venezuelan leader. Among them are Russia, Iran and China. US control of oil reserves in Ven...