Venezuela
News
January 28, 2026
Venezuela’s proposed hydrocarbons law is drawing criticism from investors, unions and U.S. officials as the interim government seeks to revive oil production while balancing political resistance and investor concerns.
News
January 23, 2026
The U.S. is working with Chevron and major oilfield service companies to pursue rapid well repairs and equipment upgrades aimed at lifting Venezuela oil output in the near term.
News
January 22, 2026
The U.S. has no plans to provide physical or financial security guarantees to oil companies planning to operate in Venezuela, Energy Secretary Chris Wright said, underscoring ongoing investment risk concerns in the country’s oil sector.
News
January 21, 2026
Halliburton says it can restart oilfield operations in Venezuela within weeks if U.S. approval and payment protections are secured, CEO Jeff Miller said.
News
January 20, 2026
Venezuelan crude is arriving at Caribbean storage hubs as the U.S. reshapes trade flows, with traders marketing oil once bound almost exclusively for China.
News
January 19, 2026
Baker Hughes says power generation and artificial lift equipment could drive near-term growth in Venezuela as oil producers seek to revive output amid renewed U.S. engagement and Chevron-led expansion.
News
January 19, 2026
Op-Ed: The first U.S.-approved sale of Venezuelan crude signals a shift toward energy pragmatism in the Western Hemisphere. As Venezuelan barrels re-enter global markets, Caribbean and Latin American producers, refiners and importers could see meaningful impacts on supply security, logistics and regional investment dynamics.
News
January 15, 2026
The UAE's ADNOC is evaluating a potential investment in Venezuela’s natural gas sector via its international investment arm XRG, contingent on clear legal and financial frameworks and potential coordination with the U.S. administration.
News
January 15, 2026
U.S. oil producers will need firm guarantees against asset seizures before returning to Venezuela, according to shale executive and Trump ally Harold Hamm, underscoring the geopolitical risks still shaping investment decisions.
News
January 13, 2026
TotalEnergies CEO Patrick Pouyanné says reviving Venezuela’s oil industry will take years and billions in investment, limiting its impact on global oil markets in 2026.
News
January 12, 2026
During a Monday press call previewing API’s 2026 State of American Energy event, API President and CEO Mike Sommers framed Venezuela as both a cautionary tale and a long-term opportunity—one that will take time, capital and policy reform to meaningfully affect global balances.
News
January 12, 2026
U.S. President Donald Trump said he is inclined to exclude ExxonMobil from efforts to revive Venezuela’s oil industry, highlighting growing tensions with U.S. oil companies over investment risks, security guarantees, and post-Maduro stability.
News
January 11, 2026
The Trump administration is pushing for a rapid revival of Venezuela’s oil sector, but political instability, security risks and governance concerns threaten near-term investment. Oil executives warn that without durable protections and clarity, billions in upstream capital may remain on the sidelines.
News
January 09, 2026
Oil executives struck a cautious tone on Venezuela during Friday's White House meeting with President Trump, underscoring concerns over security, legal protections and investment risk—even as the administration presses to revive the country’s long-declining oil sector.
News
January 09, 2026
Chevron could add up to $700 million a year in cash flow from higher oil production in Venezuela, according to TD Cowen, though analysts expect the company to limit new capital spending until political and fiscal conditions stabilize.
News
January 09, 2026
The Trump administration does not plan to fund a revival of Venezuela’s oil sector, Interior Secretary Doug Burgum said, signaling U.S. energy companies will rely on private capital markets for investment.
News
January 08, 2026
ExxonMobil, ConocoPhillips and other major U.S. oil firms are examining potential roles in Venezuela’s energy sector following the ouster of Nicolás Maduro, Energy Secretary Chris Wright said.
News
January 07, 2026
Canadian heavy crude prices weakened after the Trump administration said it would market Venezuelan oil globally, raising concerns about renewed competition for US Gulf Coast refiners and wider heavy crude price discounts.
News
January 07, 2026
U.S. Energy Secretary Chris Wright says the United States will control Venezuelan oil exports indefinitely, using sales revenue to support economic rebuilding and leverage reforms.
News
January 06, 2026
Trafigura’s leadership says the firm will engage the U.S. government this week on how traders can return to buying crude from Venezuela and supplying fuel, while emphasizing that any comeback depends on OFAC permits and a credible upstream legal framework.
News
January 06, 2026
Expectations that Venezuela could quickly rebound to historic output near 3 MMbpd are running into hard infrastructure and capital barriers, according to commentary from global analyst firms.
