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Venezuela pitches new hydrocarbons law to lure private oil investmentRodríguez said energy cooperation with Washington would rest on “decency, dignity, and independence”
Rodríguez said energy cooperation with Washington would rest on “decency, dignity, and independence,” pledging that revenues generated under the new framework would be channelled back to Venezuelans
Enverus sees slow rebound for Venezuela oil output despite vast reserves
Venezuela’s oil production is expected to recover only gradually in the years ahead, even after the capture of long-time leader Nicolás Maduro, according to industry consultancy Enverus
Halliburton signals swift return to Venezuela as oil services firms eye early entry
Chief Executive Officer Jeff Miller said the company can act faster than oil producers because its business model avoids the heavy, long-term capital commitments typically required before returns materialise
CIA chief meets Venezuela’s interim leader as Caracas signals shift on oil policy
The discussions focused on improving communication and explored potential economic cooperation, with Washington stressing that “Venezuela can no longer be a safe haven for US adversaries"
US seizes tanker linked to Venezuelan oil trade in latest Caribbean interdiction
The ship, formerly known as the Veronica, was boarded and seized in the Caribbean Sea, the Coast Guard said in a social media post that included footage of US personnel descending from a helicopter onto the deck
Venezuela’s ultra-heavy, super-sour Orinoco crude will be popular with most US Gulf Coast refineries for decades to come
Donald Trump’s grab of Venezuela’s oil is not just about making money. He is also grabbing an ultra-heavy grade of highly sulphurous oil that is very difficult to refine.
Vickery closes acquisition of Appalachia player Tribune
Vickery Energy Partners, which is a portfolio company of Quantum Capital Group, announced last week that it had closed its acquisition of Tribune Resources.
Canada’s CNRL seeks to buy Alberta gas assets from Tourmaline
Canadian Natural Resources Ltd (CNRL) is seeking to acquire a portfolio of natural gas properties in Alberta from Tourmaline Oil.
US shale slowdown could provide boost to offshore oil and gas
A shale slowdown could provide a boost to the US Gulf of Mexico if producers turn their attention offshore.
Former oil minister says Venezuela can restore output without full industry overhaul
The former official said the technical and legal structures required to sharply raise output are already in place.
China’s Venezuelan oil intake set to drop after US blockade disrupts tanker flows
China’s purchases of Venezuelan oil are poised to decline sharply from February as US enforcement measures disrupt tanker movements following Washington’s assertion of control over the OPEC producer
Trump threatens to cut Venezuela oil lifeline to Cuba after Maduro ouster
The comments mark a sharp shift from remarks days earlier, when Trump suggested Cuba’s government could collapse on its own following the capture of Venezuelan leader Nicolás Maduro
Venezuela oil shipments stir as tankers leave after export freeze
Venezuela’s oil trade showed early signs of movement after weeks of near standstill, with at least two supertankers departing the country on January 12 carrying crude, according to shipping data
Venezuela stocks rally to records as investors bet on post-Maduro shift
The benchmark IBC index has risen more than 130% since January 3, building on a surge that delivered gains of 1,644% in 2025
Moscow says Russian firms will keep working Venezuela oil assets
Russia said it will continue operating its oil projects in Venezuela and insisted the assets under development there remain Russian property
Venezuela moves to overturn Citgo sale order
Venezuela, its state oil company PDVSA and related entities have asked the United States Court of Appeals for the Third Circuit to set aside a Delaware judge’s order approving the sale of PDV Holding.
Canada could offer oil expertise to US on Venezuela
A Canadian oil industry executive has proposed that Canada use its heavy oil expertise to assist the United States in restoring Venezuela’s oil sector, saying Ottawa is well placed to support recovery efforts.
US moves in Venezuela are being felt half a world away in Asia
Venezuela itself has long occupied an unusual position in Asian oil markets. Its crude is heavy, sulphur-rich and difficult to process, yet it has found a natural home among a small subset of Asian refiners willing to adapt for the right price.
Coastal Bend LNG selects KBR for engineering contract
Houston-headquartered engineering firm KBR has been granted the front-end engineering design contract for the Coastal Bend LNG plant.
Equinor selects Aibel for maintenance of Hammerfest LNG plant
A $2bn contract for maintenance and modifications is intended to reduce the facility’s offline time.
Trafigura and Vitol set to handle Venezuelan oil sales under US oversight
Global trading houses Trafigura and Vitol have agreed to provide logistics and marketing services for Venezuelan crude at the request of the US government
Venezuela says seized oil tanker is returning after joint operation with US
Venezuela said an oil tanker that departed the country without authorisation has been intercepted and is returning to its waters following what authorities described as a joint operation with the United States
Venezuela’s potential comeback adds strain to US shale amid low oil prices
The capture of Nicolás Maduro has weighed on the shares of independent drillers including Diamondback Energy and Devon Energy, reflecting investor unease about future supply dynamics
Trump weighs blocking Exxon from Venezuela investment after CEO criticism
US President Donald Trump said he is considering excluding ExxonMobil from investing in Venezuela after the company’s chief executive described the country as “uninvestable”
Trump orders protection of Venezuelan oil funds held in US accounts
The White House said the decision to protect the funds, which are deposited with the US Treasury Department, was taken under a declaration of national emergency
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