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Trump's plan to seize and revitalize Venezuela's oil industry faces major hurdles
President Donald Trump's plan to take control of Venezuela's oil industry and ask American companies to revitalize it after capturing President Nicolás Maduro in a raid isn't likely to have a significant immediate impact on oil prices.
What role could the US play in Venezuela's 'bust' oil industry?
Experts say lifting production to former levels could take decades and huge investment will be needed The Venezuelan oil industry has been “a total bust” for a long time, according to Donald Trump. After attacking Caracas and taking…
Trump wants the US oil industry to thrive in Venezuela again. That won't be easy | CNN Business
President Donald Trump said he's counting on American companies to rebuild Venezuela's battered oil industry.
Trump's plan to seize and revitalize Venezuela's oil industry faces major hurdles
Vehicles drive past the El Palito refinery in Puerto Cabello, Venezuela, Sunday, Dec. 21, 2025. (AP Photo/Matias Delacroix) President Donald Trump's plan to take control of Venezuela's oil industry and ask American companies to revitalize it after…
Trump's plan to seize and revitalize Venezuela's oil industry faces major hurdles
Getting your Trinity Audio player ready... President Donald Trump's plan to take control of Venezuela's oil industry and ask American companies to revitalize it after capturing President Nicolás Maduro in a raid isn't likely to have a…
Trump's plan to seize and revitalize Venezuela's oil industry faces major hurdles
Email Address: I agree to the Terms and Conditions, Cookie and Privacy Policies, and CASL agreement. Already have an account? Log in here - To continue reading, please subscribe: Enjoy unlimited reading on winnipegfreepress.com Read the E-Edition…
Rubio predicts 'dramatic interest' in Venezuela from Western oil companies
Secretary of State Marco Rubio said Sunday that the Trump administration is 'pretty certain' that Western oil companies will be willing to return to Venezuela -- but wouldn't say if U.S. troops would be used to secure oil fields in the country.
Venezuela, Democracy and Oil
Video Why Trump Removed Venezuela's Maduro Trump had been telegraphing for months that he was planning to take action against Venezuela. The administration called President Nicolás Maduro a narco-terrorist and carried out dozens of lethal…
Who controls Venezuela's oil now? What Maduro's arrest means for energy markets
Maduro's arrest raises fresh uncertainty over who controls Venezuela's oil and how exports are managed. Chevron is best positioned if sanctions ease, but reviving production would take years and billions. Near-term supply risks are limited, but…
Trump's Venezuela oil revival plan is a $100 billion gamble
Realizing U.S. President Donald Trump's plan to lead a revival of Venezuela's beleaguered oil industry could be a yearslong and challenging process costing upwards of $100 billion. Years of corruption, underinvestment, fires and thefts have left…
U.S. Oil 'Quarantine' of Venezuela Will Remain, and Troops Could Land, Rubio Says
Secretary of State Marco Rubio said on Sunday that the Trump administration was keeping a military “quarantine” in place around Venezuela to prevent oil tankers on a U.S. sanctions list from entering and leaving the country in order…
Falcon Oil & Gas Ltd. - Approval for the sale of Falcon's 98.1% interest in Falcon Oil & Gas Australia Limited to Tamboran group.
Approval for the sale of Falcon's 98.1% interest in Falcon Oil & Gas Australia Limited to Tamboran group. 05 January 2026 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) subsidiary company, Falcon Oil & Gas Australia Limited (“Falcon…
Trump's plan to seize, revitalize Venezuela's oil industry faces hurdles
Getting your Trinity Audio player ready... By JOSH FUNK AP Business Writer President Donald Trump's plan to take control of Venezuela's oil industry and ask American companies to revitalize it after capturing President Nicolás Maduro in a…
Blow to China From Loss of Venezuela Oil Blunted by Hoard at Sea
The US's shock intervention in Venezuela will likely choke oil flows to China, although the short-term impact will be softened by large volumes of sanctioned crude being stored at sea. China is the major buyer of crude from the South American…
Oil Declines as Investors Weigh US Capture of Venezuela's Maduro
Oil dropped as traders weighed the fallout from the capture of Venezuelan President Nicolás Maduro by US forces on global crude supply and its wider impact on the nation's energy sector. Brent fell toward $60 a barrel, while West Texas…
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