Trump urged global oil executives to invest $100 billion in Venezuela to boost oil production, emphasising U.S. protection for their interests.
3 min read10 Jan 2026It has been decades since the industry relished foreign-policy entanglements
4 min read7 Jan 2026Now, the U.S. president wants oil companies to grow Venezuela's production.
5 min read6 Jan 2026Following the arrest of Venezuelan President Nicolas Maduro, Donald Trump on Saturday had said that oil companies will invest billions of dollars to rebuild the infrastructure in the South American country.
2 min read6 Jan 2026US President Donald Trump also announced that the US plans to “run” Venezuela, and that the US oil companies will invest an unspecified amount to revive the oil infrastructure in the South American nation and increase its oil output, enabling higher crude flows to the US and other markets.
1 min read5 Jan 2026The United States will not govern the day-to-day affairs of the country and will only focus on enforcing an existing “oil quarantine” there, US Secretary of State Marco Rubio said.
2 min read5 Jan 2026According to market experts, the ceasefire brought some much-needed stability, leading to a decline in crude oil prices, which proved advantageous for downstream oil companies
2 min read29 Jun 2025Chevron, ConocoPhillips and other companies are locked in a dispute with six Central African countries over fossil-fuel projects.
4 min read29 May 2025Kohl Corp recently fired its CEO, Ashley Buchanan, just four months into his job, for a breach of its code of ethics. However, Tata Sons, the holding company of India's most respected conglomerate, has taken a somewhat different view on a similar issue of corporate behaviour by a senior executive.
4 min read7 May 2025The fossil-fuel industry wants to avoid the financial penalties that tobacco companies faced and is asking for the president's protection against climate-related risks and new state laws.
4 min read22 Mar 2025