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Venezuela's Oil Industry: A Timeline of Key Events
Venezuela's oil industry has undergone radical changes since it was established over a century ago, including tumultuous boom-and-bust cycles and two major waves of nationalization. It is now entering a new and uncertain phase in which President…
Venezuela oil industry reactivation faces high uncertainty
Jan. 8 (UPI) -- President Donald Trump is betting on reactivating Venezuela's oil industry within 18 months as a central pillar of his strategy toward the country, following the capture of former President Nicolas Maduro in an operation carried out…
As Trump pitches oil companies on Venezuela plans, experts see challenges: Analysis
The White House will host America's oil titans Friday as President Donald Trump is expected to lay out his plan for a post-Nicolas Maduro Venezuela with an economic revamp of its oil industry as its centerpiece. The president, who said a recovery…
Trump's big task for oil execs
12:30 Report is The Hill's midday newsletter. Subscribe here. Happy Friday! What a jolt we've had into 2026. The past week alone has brought the Venezuela operation, renewed talk of taking Greenland, the fatal ICE shooting in Minneapolis, the Jan.
Trump to meet with oil executives over Venezuela investments - follow live
It's a cold, wet and unpleasant day here at the White House, which went from being eerily quiet to buzzing and busy in less than an hour. We were not expecting to see President Trump or the oil executives today. Until just a short while ago, the…
U.S. Boards Another Tanker Carrying Venezuelan Oil
A joint U.S. Coast Guard and Navy team boarded an oil tanker in the Caribbean Sea early Friday, the U.S. Southern Command said, in the latest operation tied to the Trump administration's effort to control Venezuela's oil exports. The tanker, the…
Why Venezuela's oil matters to the U.S.
Trump floated a plan for those companies to return and rebuild Venezuela's beleaguered oil industry. He later announced Venezuela would provide 30 to 50 million barrels of oil to the U.S., and Venezuelan state-owned oil company PDVSA said it is…
Russia praises Trump White House for latest oil tanker move
The Russian foreign ministry said President Donald Trump had released the two Russian nationals who were part of the crew of the Marinera oil tanker seized in the North Atlantic after it had broken through the U.S. blockade of Venezuela. Maria…
Wary of Investing in Venezuela, Big Oil Heads to the White House
President Trump's sweeping claims last weekend that U.S. energy companies would “spend billions of dollars” and “take back the oil” in Venezuela blindsided American executives, who were far from ready to commit to an…
Big and small oil companies summoned to meet Trump on Venezuelan oil
The White House is summoning oil executives to discuss potential investment in Venezuela, and while a preliminary list of attendees features the big names of US oil companies – Chevron, Exxon Mobil and ConocoPhillips – it also…
Here are the energy companies meeting at the White House over Venezuelan oil
More than a dozen energy companies are headed to the White House Friday to meet with the Trump administration on the future of Venezuelan oil. According to a White House official, Chevron, which is already operating in the country, will be there…
U.S. Seizes Fifth Oil Tanker Linked to Venezuela
The United States seized another oil tanker overnight in the Caribbean Sea, the fifth vessel taken in recent weeks as the Trump Administration intensifies a sweeping effort to choke off Venezuela's oil exports and assert control over a maritime…
Trump plans for Venezuela's oil begin to take shape
The Trump administration's plans for Venezuelan oil are beginning to take shape, including a U.S. takeover of the fuel produced there and something of a step back from the initial push to swiftly involve U.S. producers. Immediately after the…
Venezuela's oil industry in focus after U.S. transfer plans announced
SHREVEPORT, La. - Venezuela's oil industry is drawing increased attention following the Jan. 2 military operation. President Donald Trump said Venezuela will turn over as many as 50 million barrels of crude oil to the United States. It's estimated…
Why boosting production of Venezuela's 'very dense, very sloppy' oil could harm the environment
Getting your Trinity Audio player ready... BOGOTA, Colombia (AP) — Environmental experts are warning that the U.S. push to revamp and boost Venezuela's vast oil reserves could worsen decades of ecological damage and increase planet-warming…
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