The Trump administration has made no secret that it covets Venezuela’s oil reserves. What happens next could have serious implications for the planet.
Tag: Chevron Corporation
Venezuela Braces for Economic Collapse From U.S. Blockade on Oil Exports
Venezuela could lose the bulk of its oil export revenues this year if the U.S. blockade stays in place, according to internal government estimates, a scenario that would set off a humanitarian crisis.
Rubio Stresses U.S. Plan to Coerce Venezuela Rather Than Govern It
The secretary of state said that a military “quarantine” on some oil exports would stay in place to put pressure on the country’s acting leadership.
U.S. Oil ‘Quarantine’ of Venezuela Will Remain, and Troops Could Land, Rubio Says
Secretary of State Marco Rubio said the Trump administration would work with Venezuela’s acting leader, Delcy Rodríguez, a Maduro ally, to get foreign investment into the oil industry.
Trump’s Tanker Crackdown Paralyzes Venezuelan Oil Exports
Oil exports, the country’s financial lifeblood, have plummeted after the United States took action against three ships that have been used to carry its crude.
Trump’s Tanker Crackdown Paralyzes Venezuelan Oil Exports
Oil exports, the country’s financial lifeblood, have plummeted after the United States took action against three ships that have been used to carry its crude.
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.
Trump’s Claim That Venezuela ‘Stole’ U.S. Oil Fields Sets Off a Nationalist Reaction
President Trump said the United States wanted to reclaim expropriated oil assets, setting off a nationalist reaction in a country where the resource holds a mythical status.
Trump Revised Chevron’s Venezuela Deal. Maduro’s Oil Trader Profited.
A firm controlled by a businessman tied to a seized tanker carrying Venezuelan oil has sold millions of barrels from a Chevron-operated oil field.
Venezuela’s Oil Is a Focus of Trump’s Campaign Against Maduro
In public, the White House says it is confronting Venezuela to curb drug trafficking. Behind the scenes, gaining access to the country’s vast oil reserves is a priority.