The U.S. is making moves to control Venezuela's oil sector following the abduction of President Nicolas Maduro. Discover the intricacies of crude oil types and what this means for the future of oil production in Venezuela.
President Trump urges U.S. oil companies to invest $100 billion in Venezuela, but ExxonMobil's CEO claims the country remains 'uninvestable' without major legal reforms.
Trump is pushing for U.S. companies to invest in Venezuela's oil sector, promising security guarantees, but major oil executives remain cautious about the risks involved. Can Venezuela's oil riches be revived?
President Trump is calling for $100 billion in investments from major oil companies into Venezuela. While smaller businesses show interest, major players like Exxon and ConocoPhillips remain hesitant. Will they take the plunge?
President Trump announces the capture of Nicolás Maduro, igniting debates over U.S. companies' claims to Venezuelan oil assets. What does this mean for the future of the oil industry?
In a bold move, Trump suggests that US taxpayers could reimburse energy companies for repairing Venezuela's oil infrastructure, aiming to boost production post-Maduro. With key meetings ahead, the future of Venezuela's oil industry hangs in the balance.
In a bold move back in 1976, Venezuela nationalized its oil industry, seizing control from foreign companies like ExxonMobil. Discover how this decision reshaped the nation's economy and global oil markets.
Exxon is suing California, claiming new climate laws infringe on its free speech rights. The oil giant argues that mandatory disclosures on emissions misrepresent its operations, sparking a heated legal battle over corporate transparency and environmental accountability.
ExxonMobil has filed a lawsuit against California's controversial emissions reporting laws, claiming they violate its free speech rights. The company argues the laws unfairly target it as a major polluter and require misleading disclosures.
Chevron is pivoting from aggressive growth to focusing on profitability in the Permian Basin. With its recent $53 billion Hess deal, the company aims to streamline operations and maximize cash flow while maintaining stable production.