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President Trump signaled major changes in Venezuela weeks before Nicolás Maduro’s ouster, highlighting oil’s central role in U.S. strategy and energy policy.
President Trump had a vague but tantalizing message for a couple of American oil executives roughly a month before the U.S. captured Venezuelan strongman Nicolás Maduro: “Get ready.” Big changes were coming to Venezuela, Trump hinted.
Although Trump gave the executives a hint, he didn’t provide them with specific details of the strikes on Venezuela’s capital, Caracas, that unfolded early Saturday, according to people familiar with the matter. Nor did he seek their advice on a plan unveiled the same day to have U.S. energy companies revitalize Venezuela’s dilapidated oil fields with multibillion-dollar investments.
President Trump signaled major changes in Venezuela weeks before Nicolás Maduro’s ouster, highlighting oil’s central role in U.S. strategy and energy policy.
This report dives into U.S. policy, its appetite for new power to promote data centers and AI growth, and the downstream impacts that has on the automotive industry and their powertrain choices.
CNBC’s “Power Lunch” team discuss oil markets as crude oil prices reach their 2021 low with Dan Pickering, founder and chief investment officer of Pickering Energy Partners.
This report dives into U.S. policy, its appetite for new power to promote data centers and AI growth, and the downstream impacts that has on the automotive industry and their powertrain choices.
U.S. firm Carlyle weighs buying Lukoil’s international oil assets ahead of new sanctions, as reported by Reuters. Deal faces licensing and geopolitical challenges.
The Trump administration plans to allow new oil and gas drilling off the California coast for the first time in roughly four decades and setting up a confrontation with Gov. Gavin Newsom, a Democrat who has fought offshore drilling.
This report dives into U.S. policy, its appetite for new power to promote data centers and AI growth, and the downstream impacts that has on the automotive industry and their powertrain choices.
The Trump administration plans to allow new oil and gas drilling off the California coast for the first time in roughly four decades and setting up a confrontation with Gov. Gavin Newsom, a Democrat who has fought offshore drilling.
It’s earnings season for the world’s major oil services companies — Halliburton and Baker Hughes. Because of global oversupply, U.S. crude oil has been priced below the break-even point for a lot of oil companies.
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