President Trump met with oil and gas executives on Friday in an effort to push them to invest money in Venezuela, a plan many of them are reluctant to embrace.
Category: Chevron Corporation
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Venezuela’s Oil Industry: A Timeline of Key Events
The country’s oil industry has undergone major shifts and two waves of nationalization since its first well started pumping in 1914.
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Wary of Investing in Venezuela, Big Oil Heads to the White House
The amounts of money, time and political uncertainty trouble executives at large Western oil companies, who plan to meet with President Trump on Friday.
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The (Many) Wrinkles in Trump’s Vision for Venezuela
President Trump appears committed to laying claim to Venezuelan oil for a long time. But there are plenty of reasons for U.S. businesses to be wary.
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Oil Firms Say Venezuela Owes Them Billions, Complicating Trump’s Plan
Companies like Exxon Mobil and ConocoPhillips say that Venezuela owes them billions of dollars for confiscating their assets two decades ago.
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The Rush to Profit From Maduro’s Capture
Trump administration officials are pushing American companies to quickly start investing in Venezuela. But energy giants have some major concerns.
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Oil Stocks Rally as Investors Bet on Return to Venezuela
The energy sector of the S&P 500 rose 2.9 percent on Monday, lifting the broader market.
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How Nicolás Maduro’s Capture Could Reshape the Global Order
The U.S. seizure of Venezuela’s president has governments, executives and investors bracing for wide-reaching business and geopolitical fallout.
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The Venezuelan Oil Industry Trump Is Planning to Revive
Venezuela claims to have more than 300 billion barrels in the ground, but it is only producing about one million barrels a day.
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How Kazakhstan Aims to Tap More Oil Riches Below Its Grassy Plains
After spending nearly $50 billion to expand the country’s Tengiz oil field, Chevron and its partners encounter more uncertainty.