Category: Venezuela

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.
U.S. to Control Venezuela Oil Sales ‘Indefinitely,’ Energy Secretary Says

Chris Wright said the Trump administration was in “active dialogue” with Venezuela’s government about the plan.
Why Trump’s Greenland Strategy Has the World on Edge

The president is again focused on acquiring the mineral-rich island. But lack of clarity about his goals and tactics is weighing on political and business leaders.
How Venezuela’s Oil Could Shake Up the World Supply

The country could, eventually, attract investment and re-emerge as a force in the oil markets, but many analysts are concerned about an oversupply.
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.
In China, a Debate About Political Power Ignites After Maduro’s Capture

The reactions online revealed a Chinese society divided: Some saw what happened in Venezuela as a playbook for seizing Taiwan, while others warned about ideological rigidity.
Chevron’s Risky Bet to Stay in Venezuela May Now Give It an Advantage

The second-largest U.S. oil company, which kept pumping oil in the country after others left, could find it relatively easy to expand its operations if the political conditions there improve.
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.
Behind the Scenes of Our Nicolás Maduro Front Page

After President Trump’s surprise ouster of Venezuela’s authoritarian leader, a team of New York Times editors set to work redoing the front page.
Airlines Are Canceling Flights After U.S. Closes Airspace Over the Caribbean

The Federal Aviation Administration cited “safety-of-flight risks” in restricting the U.S.-controlled airspace as a result of the military operation in Venezuela.
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.