Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Venezuelan Oil Industry Is Running on WhatsApp After Cyberattack
Venezuela's oil industry is running its day-to-day operations via phone calls and handwritten reports in the month since a cyberattack on state-owned oil giant Petróleos de Venezuela SA. A Dec. 15 attack shut down PDVSA's system, leaving the…
Venezuela's acting president calls for oil industry reforms to allow more foreign investment
Getting your Trinity Audio player ready... By REGINA GARCIA CANO, Associated Press CARACAS, Venezuela (AP) — Venezuela's acting President Delcy Rodríguez on Thursday asked lawmakers to approve reforms to the oil industry that would…
Venezuela's new leader calls for opening oil industry to foreign investment and warmer US relations
Getting your Trinity Audio player ready... CARACAS, Venezuela — Venezuela's acting President Delcy Rodríguez used her first state of the union message Thursday to advocate for opening the crucial state-run oil industry to more foreign…
Venezuela acting leader urges oil industry reforms for foreign investment - National
Venezuela's acting President Delcy Rodriguez used her first state of the union address on Thursday to promote oil industry reforms that would attract foreign investment, an objective aggressively pushed by the Trump administration since it toppled…
Venezuela's acting president calls for oil industry reforms to attract more foreign investment
CARACAS, Venezuela (AP) — Venezuela's acting President Delcy Rodriguez used her first state of the union address on Thursday to promote oil industry reforms that would attract foreign investment, an objective aggressively pushed by the Trump…
Venezuela's acting president calls for oil industry reforms to allow more foreign investment
CARACAS, Venezuela (AP) — Venezuela's acting President Delcy Rodríguez on Thursday asked lawmakers to approve reforms to the oil industry that would open the doors to greater foreign investment during her first state of the union…
U.S. Forces Seize Sixth Oil Tanker Linked to Venezuela
The U.S. Coast Guard said on Thursday that it had taken control of a tanker that was operating in defiance of the Trump administration's partial blockade on sanctioned vessels transporting oil from Venezuela, the sixth ship intercepted since…
Coterra Considers Combining With Devon Energy in Oil Megadeal
Coterra Energy Inc. is exploring a combination with Devon Energy Corp., according to people familiar with the matter, a potential tie-up between two shale explorers that would be among the biggest oil and gas deals in years. The companies —…
This Is What Maduro's Arrest Means for the Oil Market
Venezuela is sitting on, by some measures, the biggest oil reserves in the world. And yet in the immediate wake of Maduro's capture by US forces, the actual price of oil has moved very little. So what gives? And what are the stakes for the…
Oil Futures Edge Higher on Likely Technical Recovery
0110 GMT — Oil futures edge higher in early Asian trade on a likely technical recovery after WTI and Brent crude oil futures settled sharply lower on Thursday. The oil market may also be garnering support from potential supply disruptions.
Trump Live Updates: U.S. Seizes 6th Oil Tanker Tied to Venezuela
U.S. authorities said Thursday that they had seized a tanker that was operating in defiance of the Trump administration's partial blockade on sanctioned vessels transporting oil from Venezuela, the sixth ship intercepted since December. A federal…
Venezuela oil fetching 30% higher price, U.S. energy chief says, after first sale worth $500 million
U.S. is securing higher prices for Venezuelan crude than those before Maduro's capture, said the U.S. Energy Secretary. His comments come as U.S. completed its first sale of Venezuelan oil valued at about $500 million. The U.S. is securing about…
Venezuela's acting president calls for oil industry reforms to allow more foreign investment - WSVN 7News | Miami News, Weather, Sports | Fort Lauderdale
CARACAS, Venezuela (AP) — Venezuela's acting President Delcy Rodríguez on Thursday asked lawmakers to approve reforms to the oil industry that would open the doors to greater foreign investment during her first state of the union…
Oil flat as chances of US strike on Iran recedes
Commodities PERTH: Oil prices were flat on Friday with both Brent and U.S. West Texas Intermediate moving only a few cents from their closing prices after the likelihood of a U.S. strike on Iran receded. Brent was down 3 cents, or 0.05%, to $63.73…
Venezuela's new leader calls for opening oil industry to foreign investment and warmer US ties - WSVN 7News | Miami News, Weather, Sports | Fort Lauderdale
CARACAS, Venezuela (AP) — Venezuela's acting President Delcy Rodríguez used her first state of the union message Thursday to advocate for opening the crucial state-run oil industry to more foreign investment following the Trump…
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