Energy

The move was applauded by many critics of the ESG industry, who claim that the net-zero movement has reduced living standards.

The executive order places U.S.-held revenues from Venezuelan oil sales beyond the reach of courts and creditors to advance U.S. security goals.

ExxonMobil, which had its assets seized 20 years ago, said certain security guarantees would be needed before recentering the Venezuelan market.

Ho Nieh has vowed to sustain safety standards while ‘designing the future.’

Giant oil companies will be spending at least $100 billion to ’rebuild the capacity and the infrastructure necessary' in Venezuela, the president said.

Experts told a House panel ‘first mover’ reactor projects need federal assurances as Democrats warned Trump administration moves undermine bipartisan support.

The purchases will include American agricultural products, medicines, medical devices, and equipment to upgrade Venezuela’s energy infrastructure.

The United States will control the sale of Venezuelan oil ‘indefinitely,’ Energy Secretary Chris Wright said.

China faces mounting risks as U.S. action in Venezuela threatens Beijing’s energy strategy, overseas investments, and long-held claims of sovereign immunity.

The U.S. president announced that the oil would be sold in the United States at market price.

‘U.S. companies will not commit serious capital to Venezuela without a credible reset on the rule of law,’ said Jason Isaac, CEO of American Energy Institute.

The contracts are expected to help end U.S. dependence on foreign sources for uranium.

The U.S. president’s optimism depends on investments by U.S. companies, potentially reimbursed by the government or through revenues.

Venezuela is home to the world’s largest proven oil reserves, totaling more than 300 billion barrels—nearly one-fifth of the global total.

The decision follows oil prices falling by more than 18 percent in 2025—the highest yearly drop since 2020.

Aging infrastructure, frequent blackouts, and poor maintenance have turned Venezuela’s once-vast oil network into a safety and reliability risk.

The company has asked a federal judge to block a 90-day construction halt imposed by the Trump administration that cited national security risks.

An expert predicts more volatility in energy logistics in 2026 due to geopolitical tensions, regulatory changes, and reliance on AI-driven risk intelligence.

Average gasoline prices were lowest in Oklahoma at $2.17 per gallon and highest in Hawaii at $4.36.

The coal plant units, scheduled to cease operations in December, will now remain open until March 23, 2026.

The move was applauded by many critics of the ESG industry, who claim that the net-zero movement has reduced living standards.

The executive order places U.S.-held revenues from Venezuelan oil sales beyond the reach of courts and creditors to advance U.S. security goals.

ExxonMobil, which had its assets seized 20 years ago, said certain security guarantees would be needed before recentering the Venezuelan market.

Ho Nieh has vowed to sustain safety standards while ‘designing the future.’

Giant oil companies will be spending at least $100 billion to ’rebuild the capacity and the infrastructure necessary' in Venezuela, the president said.

Experts told a House panel ‘first mover’ reactor projects need federal assurances as Democrats warned Trump administration moves undermine bipartisan support.

The purchases will include American agricultural products, medicines, medical devices, and equipment to upgrade Venezuela’s energy infrastructure.

The United States will control the sale of Venezuelan oil ‘indefinitely,’ Energy Secretary Chris Wright said.

China faces mounting risks as U.S. action in Venezuela threatens Beijing’s energy strategy, overseas investments, and long-held claims of sovereign immunity.

The U.S. president announced that the oil would be sold in the United States at market price.

‘U.S. companies will not commit serious capital to Venezuela without a credible reset on the rule of law,’ said Jason Isaac, CEO of American Energy Institute.

The contracts are expected to help end U.S. dependence on foreign sources for uranium.

The U.S. president’s optimism depends on investments by U.S. companies, potentially reimbursed by the government or through revenues.

Venezuela is home to the world’s largest proven oil reserves, totaling more than 300 billion barrels—nearly one-fifth of the global total.

The decision follows oil prices falling by more than 18 percent in 2025—the highest yearly drop since 2020.

Aging infrastructure, frequent blackouts, and poor maintenance have turned Venezuela’s once-vast oil network into a safety and reliability risk.

The company has asked a federal judge to block a 90-day construction halt imposed by the Trump administration that cited national security risks.

An expert predicts more volatility in energy logistics in 2026 due to geopolitical tensions, regulatory changes, and reliance on AI-driven risk intelligence.

Average gasoline prices were lowest in Oklahoma at $2.17 per gallon and highest in Hawaii at $4.36.

The coal plant units, scheduled to cease operations in December, will now remain open until March 23, 2026.