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US lawmakers probe who benefits from Venezuelan oil under new export regime
US lawmakers are demanding greater transparency over Venezuela’s oil exports after Washington assumed control of the country’s crude sales following the capture of Nicolás Maduro earlier this month
US-based Valero expands Venezuelan crude intake as heavy oil becomes core feedstock
The company said it has sourced oil from all three sellers authorised by the US government, with volumes set to make up “a pretty large part” of its heavy crude intake through February and March
Citgo returns to Venezuelan crude as US-Caracas energy ties thaw
The US refiner has bought about 500,000 barrels of Venezuelan heavy crude for delivery in February, according to two people familiar with the transaction, who asked not to be identified
Venezuela steps up dollar sales as oil revenue deals with US take shape
Venezuela’s central bank said it has begun offering an additional $200mn in foreign currency to the local market, extending a series of dollar injections funded by hydrocarbon exports
US replaces Russia as Venezuela’s sole naphtha supplier
Naphtha cargoes bound for Venezuela in January have come exclusively from the US Gulf Coast, marking a sharp break from a trade that had been dominated by Russian supply
Rodríguez says US unfreezes Venezuelan assets after talks with Trump administration
Venezuela’s interim president, Delcy Rodríguez, said assets held in the United States have begun to be unfrozen following diplomatic contacts with the administration of President Donald Trump
Trump's Venezuela oil plan threatens Mexico's Pemex production, exports
Both countries primarily produce heavy sour crude.
ExxonMobil targets bringing more CCS projects online in 2026
ExxonMobil has provided an update on its progress in the carbon capture and storage (CCS) space, including milestones reached in 2025, as well as plans for 2026.
Glenfarne hits more milestones with Alaska LNG
Glenfarne has announced a series of moves related to the proposed Alaska LNG project.
ExxonMobil unit reportedly seeking buyers for certain Eagle Ford assets
ExxonMobil’s shale-focused subsidiary, XTO Energy, is reportedly looking for buyers for some of its assets in Texas’ Eagle Ford play.
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