Venezuela, Trump
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Venezuela is home to the world’s largest reported oil reserves. The country’s other commodities have also caught the Trump administration’s attention.
Lawmakers are split on who will foot the bill for running Venezuela, a country flush with eye-popping oil reserves but an economy that's been reduced to a hollowed-out shell.
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Why boosting production of Venezuela’s ‘very dense, very sloppy’ oil could harm the environment
Environmental experts warn that U.S. plans under President Trump to restart and control Venezuelan oil exports could intensify pollution, greenhouse gas emissions and ecological damage in a country al
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Trump wants to own Venezuela’s oil, but its largest oil customer is speeding toward clean energy
Energy experts say the US and China are diverging on the energy transition, with China sprinting far ahead on renewables and EVs, while the US doubles down on drilling oil at home and abroad.
Venezuela’s oil industry has been in the spotlight since President Donald Trump captured the country’s President Nicolas Maduro.
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Extracting oil or implementing democracy: How the White House is managing what's next in Venezuela
President Donald Trump has touted Venezuela's oil, inviting executives to the White House on Friday to discuss drilling. "We want stability," he said last week, "but we do want democracy."
The country’s oil industry has undergone major shifts and two waves of nationalization since its first well started pumping in 1914.
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Vitol, Trafigura offer Venezuelan oil to Indian, Chinese refiners for March delivery, sources say
Vitol and Trafigura have started discussions on Venezuelan crude oil sales with refiners in India and China for cargoes to be delivered in March, several trade sources said on Monday.
Petróleos de Venezuela said the talks were "within the framework of the commercial relations that exist between both countries."