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Trump: rebuilding Venezuela's oil industry will take less than 18 months
President Trump projects it will take less than 18 months for oil companies to rebuild Venezuela's energy infrastructure. Becky Anderson asks Javier Blas, Energy & Commodities Opinion Columnist at Bloomberg, what that entails.
Will Americans benefit from a rebuilt and improved Venezuelan oil industry?
Getting your Trinity Audio player ready... Ed Hirs, an energy economist at the University of Houston, said he is skeptical American oil companies will go along with President Donald Trump's plan for the Venezuelan oil industry. Hirs is also…
Venezuela's new leader is the oil industry's long-time ally
CARACAS - As the US threatened Mr Nicolas Maduro's grip on power in recent months, a cadre of executives, lawyers and investors tied to the oil industry made their case to anyone who would listen – the Trump administration, congressional…
A Venezuela oil revival could set up winners - and losers - in US energy
Not all American energy companies stand to benefit from a potential revival of Venezuela's oil industry following the US's capture of Venezuelan leader Nicolás Maduro. Energy stocks rose on Monday as investors priced in potential gains from…
Venezuela's oil industry is in shambles after decades of socialism - but Trump needs it to make the country great again
President Trump has made clear he wants to revitalize Venezuela's oil industry so he can use the cash to make the country great again — but the sector is in shambles after decades of plunder, talent flight and negligence as a result of…
Trump: Venezuela to give U.S. tens of millions of barrels of oil
Jan. 6 (UPI) -- Venezuela will be turning over tens of millions of barrels of oil to the United States, President Donald Trump said Tuesday, days after the U.S. military seized the authoritarian president of the country, Nicolas Maduro. Trump said…
Oil Futures Slide After Trump Says Venezuelan Oil to Be Shipped to U.S.
0029 GMT — Oil futures slide in the early Asian session after President Trump says on Truth Social that Venezuelan oil is to be shipped to the U.S. “Interim Authorities in Venezuela Will Be Turning Over Between 30 and 50 MILLION…
Trump floats reimbursing US oil companies to rebuild Venezuela's energy industry
President Trump suggested that the US government could reimburse American oil companies if they invest billions in resuscitating Venezuela's energy industry. Trump told NBC News that he thinks American firms could get Venezuela's oil fields…
How Venezuela's Oil Could Shake Up the World Supply
Oil markets have remained relatively calm since the ouster of President Nicolas Maduro of Venezuela on Saturday, reflecting how the country's influence as a global energy player has dwindled in recent years. Despite sitting on what are ranked as…
Trump: Venezuela will surrender sanctioned oil to me 'to benefit the US'
Venezuela will hand over millions of barrels of oil to the US after the toppling of Nicolas Maduro, Donald Trump has announced. The US president said Caracas had agreed to supply up to 50 million barrels of “high quality, sanctioned…
Venezuelan oil could be risky for U.S. firms
Over the weekend, following the capture of leader Nicolás Maduro, Trump indicated that the U.S. would run Venezuela's oil industry — along with the rest of the country. He said that U.S. firms would take it over. Trump told reporters…
Trump to Meet Oil Bosses to Push for Venezuela Output Revival
US President Donald Trump is set to meet with energy executives at the White House within the next week as he seeks to enlist Western companies in rebuilding Venezuela's oil industry. The parties have discussed a possible meeting as soon as…
Wright to meet with oil companies as Trump seeks to move on Venezuela reserves
Energy Secretary Chris Wright plans to meet with oil companies in the wake of the Trump administration's capture of Venezuelan leader Nicolás Maduro. A spokesperson for the Energy Department confirmed that the meeting will occur, saying in a…
Trump dangles incentives for US to unleash Venezuelan oil
Energy Secretary Chris Wright plans to talk this week with major oil industry executives about bringing Trump's plan to fruition, according to Bloomberg News and other outlets. Oil analysts have predicted that crude output in Venezuela could…
Trump to Meet Oil Leaders in Bid for Venezuela Revival
US President Donald Trump is set to meet with energy executives at the White House to enlist Western companies in rebuilding Venezuela's oil industry. Bloomberg's Tyler Kendall reports. (Source: Bloomberg)…
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