Donald Trump promised oil giants “total safety, total security” in Venezuela in an effort to persuade them to invest $100bn in the country’s infrastructure after US forces toppled Nicolás Maduro from power.At a roundtable press conference at the White House on Friday afternoon with more than a dozen oil executives, including leaders from Chevron, ExxonMobil and ConocoPhilips, the US president doubled down on claims that Maduro’s arrest presents American oil companies with an unprecedented opportunity for ex ...

As U.S. President Donald Trump moves quickly to put together a $100 billion effort to revive Venezuela's oil industry, the administration has yet to finalize the fate of the crown jewel of the country's foreign assets, U.S. refining company Citgo Petroleum, sources close to the matter said. ...

Exxon's CEO says the South American country is currently 'uninvestable' and plans to send a technical team to assess the situation. ...

U.S. oil producers already reeling from low oil prices are facing renewed pressures, as President Donald Trump pushes them to boost output in Venezuela - a move that would weaken the oil market, cut r... ...

The US military says its forces have seized a third oil tanker in the space of a week.Overnight, US Marines and navy sailors boarded the Olina tanker in the Caribbean Sea, near Trinidad, before the US Coast Guard took control of the vessel, the US Southern Command said in a statement. "There is no safe haven for criminals," it added as it announced the capture of the ship.The tanker seizures have come in the days since Venezuelan leader Nicolas Maduro was deposed, as the US seeks to tightens its control of ...

Key Takeaways Devon Energy leverages a high-margin multi-basin portfolio with oil, gas and NGL exposure to drive output.DVN closed the Grayson Mill Williston Basin deal, tripling production to 150,000 Boe/d. Devon Energy generated over $2B free cash flow in 2025, funding dividends and buybacks with $200-$300M.Devon Energy (DVN) has been gaining from a top-notch multi-basin portfolio, debt and cost management, generation of free cash flow and acquisitions that boost expansion and production.Long-term (three ...

With the U.S. capture of the Venezuelan President, Exxon Mobil Corporation ( XOM ) jumped on the news, likely due to the country's oil reserves. And President Trump mentioned that oil companies will investFormerly known as "The Dividend Collectuh." Top 1% of financial experts on TipRanks. Contributing analyst to the iREIT+Hoya Capital investment group. Dividend Collection Agency is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This ...

OPEC's oil output fell in December due to lower supply from Iran and Venezuela, which offset an OPEC+ agreement to raise production for the month, a found on Friday. ...

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