Category: Oil (Petroleum) and Gasoline

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.
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.
China’s Oil Deal With Venezuela Faces Turning Point

Beijing has lent billions to Caracas in recent decades, and the fate of money it is owed is in question after the ouster of Venezuela’s leader.
Trump’s Goals for Reviving Venezuela’s Oil Industry Will Not Come Easily or Cheaply

It will take years and billions in investment to revitalize Venezuela’s oil industry, and energy producers will likely be cautious before stepping in.
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.
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.
Tesla Car Sales Dropped 9% in 2025, Falling Behind China’s BYD

As the largest maker of electric vehicles in the United States, Tesla suffered more than other carmakers from the elimination of federal incentives.
Before Electric Vehicles Became Political, There Was the Toyota Prius

The political polarization of battery-powered cars may have started when Toyota released its first hybrid model 25 years ago.
Trump’s Seizures of Oil Tankers Challenge Maritime Rules and Customs

Recent U.S. actions against ships near Venezuela may embolden other countries to seize or detain ships, legal experts said.
Israel Approves $37 Billion Deal to Deliver Gas to Egypt

Israel’s granting of an export permit is the final step to allow the deal, first announced by energy companies in August, to proceed.
Ford Will Take $19.5 Billion Hit as It Rolls Back E.V. Plans

Ford Motor said the costs come from its decision to make fewer electric vehicles than it had planned and more hybrids that use both gasoline engines and batteries.
A Seized Oil Tanker and the Big Business of Dark Fleet Smuggling

The U.S. seizure of a vessel off Venezuela is likely to squeeze the country’s government, but do little to counter the tankers that secretively move oil from sanctioned countries.