Billionaire Texas oilman inks deal with Venezuela’s state-run oil giant as U.S. sanctions loom

MIAMI (AP) — A company started by a Texas billionaire oilman announced a deal Wednesday with Venezuela’s state-owned oil company to rehabilitate five aging oil fields, days after the Biden ... Read More

Former Venezuelan Oil Minister Is Arrested in Connection With Corruption Probe, Authorities Say

Venezuela’s once-powerful oil minister, who resigned unexpectedly last year during a corruption probe at the top ranks of the state-run crude industry, has been arrested, the government said ... Read More

The surprising reasons why Big Oil may not want a second Trump term

Yet a possible Trump victory in the 2024 election is not delighting oil and gas executives as much as one might expect, according to interviews with several industry leaders at a recent energy ... Read More

Biden Is Unlikely to Reimpose Oil Sanctions on Venezuela

The Biden administration is leaning away from reimposing sanctions on Venezuela’s oil industry despite President ... are concerned that reverting to Trump-era sanctions that accelerated the ... Read More

Tankers Booked for Venezuelan Oil Have Now Been Stuck for Months

A batch of oil tankers that were supposed to load oil from Venezuela have been idling off of the country’s coast for months, offering a headache for some of the traders that got back into the ... Read More

Venezuelan Travel Influencer Arrested Over Alleged 'Terrorist' Ties

Popular Venezuelan YouTuber Oscar Alejandro was arrested in Caracas on Sunday over alleged links to "terrorist ... is home to Angel Falls, the world's tallest waterfall. Alejandro has nearly ... Read More

Former Venezuelan oil minister is arrested in connection with corruption probe, authorities say

Venezuela’s government says ... ranks of the state-run crude industry, has been arrested, the government said Tuesday. The former oil czar is being investigated over an alleged scheme through ... Read More