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What action is Trump taking against Venezuela's oil industry?
The US president wants a blockade of oil tankers under sanctions to stop them entering and leaving Venezuela Donald Trump has intensified pressure on Venezuela's president, Nicolas Maduro, and his government in a major escalation aimed at the…
Is It About the Oil?
Yesterday, Venezuela said its military would escort oil tankers heading to Asia to stop the United States from seizing them. Washington spent the fall punishing and pressuring the Caribbean nation in an ostensible campaign against drugs. Now we may…
Trump's Claim That Venezuela 'Stole' U.S. Oil Fields Sets Off a Nationalist Reaction
President Trump and his top advisers could not be more blunt in their claims: The United States created Venezuela's oil industry. Venezuela stole American oil fields through nationalizations. Now, the United States wants those assets back. Those…
Trump: Venezuela must pay for seized US oil assets
President Trump said Wednesday that Venezuela must pay for the oil assets previously seized by the South American nation, as tensions rise over the U.S. military's action in the Caribbean. “You remember, they took all of our energy rights.
Venezuela hits back at Trump as oil tankers are escorted to Asia
Notifications can be managed in browser preferences. Venezuela's navy has escorted commercial oil tankers to Asia, directly defying a US military blockade targeting the country's oil industry. President Nicolas Maduro ordered the naval escorts for…
Var Energi Plans 20 New Projects to Squeeze More Oil From Norway
Norwegian oil company Var Energi ASA plans to green-light a swath of new projects to maintain output from an aging basin into the next decade. Chief Executive Officer Nick Walker said he wants to give the go-ahead to 20 projects “over the…
Some sanctioned oil vessels divert from Venezuela as Trump threatens blockade
MIAMI -- Some oil vessels are diverting away from Venezuela after U.S. President Donald Trump threatened a “blockade” of sanctioned oil tankers entering or leaving the South American country, a dramatic escalation in the White House's…
Venezuelan navy escorts oil tankers in direct challenge to Trump blockade
Venezuela's navy has escorted commercial oil tankers to Asia in direct defiance of a U.S. military blockade targeting the country's oil industry. Three ships carrying urea, petroleum coke and other oil-based products sailed on Tuesday and Wednesday…
Tankers Under Sanction Are Only a Subset of Fleet Moving Venezuelan Oil
|Tankers Under Sanction Are Only a Subset of Fleet Moving Venezuelan Oil https://www.nytimes.com/2025/12/17/us/politics/tankers-sanctions-venezuela-oil.html President Trump's blockade on oil tankers under sanction near Venezuela will almost…
BP's CEO Pick Cements Strategic Shift Back to Oil and Gas
This article is for subscribers only. Welcome to our guide to the commodities driving the global economy. Today, reporter Mitchell Ferman takes stock of BP's shock decision to bring in an external chief executive officer for the first time. BP…
UK Targets Three Smaller Russian Oil Producers in Latest Curbs
The UK government imposed sanctions on three smaller Russian oil producers, as a US-brokered peace deal between Moscow and Kyiv remains elusive. Tatneft PJSC, Russneft PJSC and NNK PJSC were sanctioned for “obtaining a benefit from or…
Russian Oil Tankers Cleave to Turkish Coast to Cut Drone Risks
Oil tankers hauling Russian crude across the Black Sea are taking a roundabout route along the coastlines of Georgia and Turkey — a measure that might help them to reduce the risk of being targeted by Ukrainian sea drones. Vessel tracking…
Top performing oil and gas refining and marketing stocks YTD
As tensions between the U.S. and Venezuela rise, oil prices (CL1:COM) have climbed affecting all energy companies in the oil and gas refining and marketing industry. The energy sector (XLE) is up almost 2% on Wednesday and about 4.3% year-to-date…
Daily on Energy, presented by TC Energy: SPEED Act speedbumps, escalation with Venezuela, and oil execs are pessimistic.
Welcome to Dail y on Energy, written by Washington Examiner energy and environment writers Callie Patteson (@CalliePatteson) and Maydeen Merino (@MaydeenMerino). Email cpatteson@washingtonexaminer dot com or mmerino@washingtonexaminer dot com for…
The oil blockade threat creates anxiety in Venezuela but people stick to their daily lives
CARACAS, Venezuela -- U.S. President Donald Trump is threating to blockade sanctioned oil tankers from Venezuela, a move that could devastate a country already wrangling with years of spiraling crisis. Seasoned by years of political, social and…
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