The Defense Department’s Office of Strategic Capital, founded by the Biden administration to give loans to bolster the U.S. defense industry, is helping lead President Trump’s oil deal.
Category: Venezuela
-
How the Pentagon Is Getting Into the Venezuelan Oil Business Under Trump
The New York Times – Business: -
Trump’s Venezuelan Oil Deal Relies on a Powerful and Divisive Partner
The New York Times – Business:The administration will work with a private Venezuelan oil company that has close ties to the country’s government.
-
Trump Says U.S. Has Deal for Control of Large Share of Venezuela’s Oil
The New York Times – Business:The president said an agreement between the countries involved “a partnership with private business” and more than 65 billion barrels of reserves.
-
Oil Giant Chevron Is Said to Be in Talks to Expand in Venezuela
The New York Times – Business:Chevron, the second largest U.S. oil company, is building on its wager to remain in Venezuela, where it already accounts for about a quarter of the country’s oil production.
-
La Guaira Is Unrecognizable After Venezuela’s Deadly Earthquakes
The New York Times – On the Runway:More than a month after the earthquakes, the coastal region of La Guaira — once Venezuela’s main gateway — is completely unrecognizable.
-
Soldier Used Classified Information to Bet on Maduro’s Ouster, U.S. Says
The New York Times – Business:Federal prosecutors say that Sgt. Gannon Ken Van Dyke, who was involved in the operation to oust Nicolás Maduro from power in Venezuela, used the information to place bets on a prediction market.
-
Trump’s Latest Oil Blockade Brings Bigger Economic Risks
The New York Times – Business:Oil markets shrugged it off, but the effort to hurt Iran could provoke retaliation that inflicts more damage on energy assets and the global economy.
-
Trump’s Actions in Iran and Venezuela Show Limits of U.S. Sanctions
The New York Times – Business:America’s vast economic powers are able to wear down an adversary’s economy but are insufficient to topple leaders on their own.
-
U.N. Says It’s in Danger of Financial Collapse Because of Members’ Unpaid Dues
The world body warned it would run out of money by July and have to close its New York headquarters if countries, namely the United States, did not pay annual dues that amount to billions of dollars.
-
Chevron Points to Venezuela’s Promise as Big Oil Earnings Fall
The two largest U.S. oil companies, Chevron and Exxon Mobil, reported their lowest annual profits in years.