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Democrats Seek Answers About Oil Industry's Knowledge of Venezuela Operation
Senate Democrats on Wednesday launched an investigation into what American oil companies may have known before the Trump administration seized control of Venezuela, ousted its leader and took control of the country's oil industry. Five lawmakers…
White House says U.S. will control Venezuelan oil industry 'indefinitely
Nick Schifrin is PBS NewsHour's Foreign Affairs and Defense Correspondent. He leads NewsHour's daily foreign coverage, including multiple trips to Ukraine since the full-scale invasion, and has created weeklong series for the NewsHour from nearly a…
Oil Falls as US Deepens Involvement in Venezuelan Oil Industry
Oil declined on the prospect that Venezuelan crude will continue to flow, particularly to the US, while US forces seized two more sanctioned oil tankers as part of its energy quarantine of the country. Bloomberg's Mike McGlone joins to discuss with…
The future of Venezuela's oil industry starts to take shape
The post-Maduro reality for Venezuela's oil industry is beginning to take shape. US Energy Secretary Chris Wright said on Wednesday that the US will sell Venezuelan oil “indefinitely,” after President Donald Trump announced Venezuela…
Trump invaded Venezuela to restore an oil industry he helped destroy
The middle-of-the-night kidnapping of Venezuelan President Nicolás Maduro shocked the world on Saturday. Military helicopters bombed Caracas, Venezuela's capital, as U.S. special forces breached Maduro's residence, captured him, and flew him…
Confusion reigns over Venezuela's oil industry as US looms
In the country's key oil port at Maracaibo, on the northwestern border with Colombia, few tankers are waiting to either load or venture out into the Caribbean -- where American ships including the USS Gerald Ford, the world's biggest aircraft…
Why the US has designs on Venezuela's oil
NEW YORK -- Venezuela's oil industry has been in the spotlight since President Donald Trump used military force to capture the country's leader, President Nicolas Maduro. In the days that followed, Trump said the U.S. would run Venezuela and tap…
The U.S. Seized Two Oil Tankers
In two separate operations today, the U.S. military seized a pair of oil tankers that had attempted to evade the Trump administration's crackdown on Venezuela's oil industry. One of the tankers was seized in the North Atlantic, between Scotland and…
America's new era of energy imperialism is about more than oil
Trump wants Venezuela's oil, Greenland's minerals, and above all — control. Image: Cath Virginia / The Verge, Getty Images Trump wants Venezuela's oil, Greenland's minerals, and above all — control. Image: Cath Virginia / The Verge…
Venezuelan oil takeover unlikely to have impact on Colorado oil and gas industry
DENVER — President Donald Trump has announced plans for the United States to take control of Venezuelan oil reserves and sell them on the international market, but energy experts say the move will have minimal impact on Colorado's oil and…
Democrats to investigate Trump, oil companies' coordination on Venezuela
Senate Democrats on Wednesday said they are investigating the communications between President Trump and several oil companies regarding the recent U.S. strikes on Venezuela and “efforts to exploit” the South American nation's…
What oil companies need to fulfill Trump call to revitalize Venezuela's industry
Executives from oilfield service providers Baker Hughes, Weatherford, and Halliburton; producers Chevron and Exxon; and energy technology firm Schlumberger are expected to meet with administration officials at the White House on Friday. During that…
Oil Firms Say Venezuela Owes Them Billions, Complicating Trump's Plan
Western oil companies have been fighting to recoup tens of billions of dollars that they say Venezuela owes them — debts that could greatly complicate efforts by President Trump to compel U.S. businesses to produce more oil in the country.
U.S., Cementing Control on Venezuelan Oil, Seizes Russian-Flagged Tanker
The U.S. military seized two oil tankers on Wednesday, including a Russian-flagged ship that had been evading American forces for weeks, as the Trump administration moved agresssively to take control of Venezuela's multibillion-dollar oil industry.
Energy Secretary Wright details plans for US control of Venezuelan oil
President Trump has been adamant that the U.S. will take control of Venezuela's oil. Wednesday morning, Energy Secretary Chris Wright explained how the Trump administration envisions this will actually work, saying the U.S. will control the flow…
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