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'Uninvestable': Trump's $100 Billion Venezuela Gamble Meets Oil Industry Reality
President Donald Trump's push for U.S. oil companies to commit at least $100 billion toward rebuilding Venezuela's energy industry is meeting significant resistance from the very executives he is courting, according to Bloomberg. Although the White…
Trump Says Cuba Will No Longer Get 'Oil or Money' From Venezuela
President Trump said in a social media post that “no more oil or money” would be going to Cuba from Venezuela, and that the United States military would be involved in enforcing distance between the two countries. It was a sharp turn…
Merryn Talks Money: Venezuela's Oil Reserves Versus Reality
Societe Generale Head of FIC and Commodity Research Michael Haigh joins Merryn Somerset Webb to break down why the US attack on Venezuela and any subsequent attempt to reboot its energy industry is unlikely to change oil prices near-term. He…
'No More Oil Or Money Going to Cuba,' Says US President Trump
Washington, DC: US President Donald Trump on Sunday claimed that Cuba had lived for many years on Venezuelan oil and money but said that this would now stop after the United States launched a strike in Venezuela and captured its President, Nicolas…
Ukraine Strikes Russian Oil Drilling Platforms in Caspian Sea
Ukraine overnight targeted three drilling platforms in the Caspian Sea owned by Russian oil major Lukoil in the latest move to weaken Russia's economic capacity to fund its war effort. The platforms, V. Filanovsky, Yuri Korchagin, and Valery…
Trump Oil Meeting Venezuela Ends With Big Energy Holding Back
Donald Trump held a meeting at the White House yesterday with some of the biggest names in the oil industry, pushing them to invest heavily in Venezuela's struggling oil sector. The pitch was bold. Trump talked about massive opportunity, long term…
Trump tells Cuba to 'make a deal' before oil and money cut off
Cuba relied on subsidized Venezuelan oil to bolster its strained economy. But now that the U.S. government is in charge of Venezuela for the time being, Cuba's future remains uncertain. “Cuba lived, for many years, on large amounts of OIL…
Energy Secretary Says at Least a Dozen Oil Companies Eager for Venezuela
Energy Secretary Chris Wright says at least a dozen American oil companies are ready to get to work rebuilding Venezuela's oil industry, including majors and a few 'wildcatters,' but he also said the U.S. was not providing them security guarantees.
Russian Flags Proliferate Over Shadow Fleet of Oil Tankers
With five oil tankers seized—and more U.S. military action promised—the world's fleet of so-called shadow tankers that ferry sanctioned crude are quickly hoisting a new flag: the Russian tricolor. Their hope is that by operating under…
Oklahoma Chronicle: How will mission in Venezuela impact Oklahoma's oil and gas industry?
Oklahoma Chronicle: How will mission in Venezuela impact Oklahoma's oil and gas industry? Venezuelan oil in the headlines this week after last weekend's military action and the arrest of Nicolas Maduro. President Donald Trump says the US will be in…
Cuba defiant after Trump says island to receive no more Venezuelan oil or money
By Dave Sherwood and Marianna Parraga HAVANA/HOUSTON, Jan 11 (Reuters) - U.S. President Donald Trump on Sunday said no more Venezuelan oil or money will go to Cuba and suggested the Communist-run island should strike a deal with Washington, ramping…
How Will Prospective Venezuelan Oil Production Affect the U.S. Petroleum Market?
Expect the Trump administration to act to protect U.S. oil producers from downward price pressures, instead of letting the free market work.
Trump tells Cuba to 'make a deal' as US cuts off Venezuelan oil
US President Donald Trump has warned Cuba that it should strike a deal with the US 'before it is too late', vowing to prevent oil and money from entering the country. The island nation, which has long been a nemesis of the US, is reliant on…
Trump says no more Venezuelan oil or money to go to Cuba, pushes for deal
U.S. President Donald Trump on Sunday said no more Venezuelan oil or money will go to Cuba and suggested the Communist-run island should strike a deal with Washington, ramping up pressure on the longtime U.S. nemesis. Venezuela is Cuba's biggest…
Trump says no more Venezuelan oil or money to go to Cuba, pushes for deal
Jan 11 (Reuters) - U.S. President Donald Trump on Sunday said no more Venezuelan oil or money will go to Cuba and suggested the Communist-run island should strike a deal with Washington, ramping up pressure on the longtime U.S.
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