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Mr. Hamm's company, Continental Resources, has signed a preliminary deal with Venezuela's state-owned oil company to develop and produce oil....

Billionaire shale pioneer Harold Hamm's Continental Resources Inc. reached a deal for an oil field in Venezuela as the Trump administration pushes US companies to revive the nation's oil sector....

Continental said it will develop and operate a patch in the Orinoco Belt that spans 126,000 acres and possesses an estimated 30 billion barrels of reserves....

Washington removed Venezuela from the group of countries it says failed to meet drug-control obligations, and signaled that Colombia could follow next year if its new government makes progress against cocaine trafficking....

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Venezuela se prepara para enviar aluminio a EE.UU. mediante un acuerdo con Mercuria Energy Group Ltd. y Heeney Capital, en una señal de que la rápida reactivación de los lazos comerciales entre ambos países comienza a extenderse más allá del petróleo tras años de aislamiento económico y diplomático....

Venezuela is preparing to ship aluminum to the US under a deal with Mercuria Energy Group Ltd. and Heeney Capital, diversifying beyond oil in a quickening revival of commercial ties following years of economic and diplomatic isolation....

Recent high-profile deals allowing foreign drillers to tap Venezuela's vast oil reserves have failed to quell lingering concerns about contract sanctity in a nation with a history of nationalization, said energy investment banker Dan Pickering....

Venezuela's central bank is moving to squeeze liquidity in the banking system in a bid to support the bolivar ahead of an expected boost in government spending....

En Venezuela, el dólar ya forma parte de la vida cotidiana. Pero, ¿qué cambiaría si el país dolarizara oficialmente su economía? Andreina explica qué implicaría despedirse del bolívar y cuáles serían los beneficios y costos. (Source: Bloomberg)...

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Trump Says US Could Remain In Iran And Keep Oil, Similar To Deal With Venezuela Authored by Jack Phillips via The Epoch Times, President Donald Trump on Sept. 13 said the United States could ultimately remain in Iran and "keep the oil" in a similar manner to his administration's move to control some of Venezuela's oil reserves. "We'll ultimately get out [of Iran], unless we decide to stay and keep the oil like Venezuela," Trump said at the Trump International Golf Course in Ireland, adding that the U.S. revenue from Venezuela has "paid for the war many times." The president did not elaborate on a possible oil agreement with Iran or whether he would be willing to deploy troops in the country. The White House did not immediately respond to a request for comment on Sept. 13. Just over six months ago, the United States began strikes against Iran in a bid to end the country's nuclear aspirations as Trump has repeatedly said Tehran cannot be allowed to obtain a nucl...

La dolarización, tema de un debate de larga data en Venezuela, está ahora sobre la mesa como una posible propuesta legislativa. Esto es lo que hay que saber....

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As Venezuela seeks stability after years of inflation and turmoil, proposals to formally dollarize the economy have moved into the political mainstream....

Venezuela is deploying officials to a Group of 20 summit of energy chiefs in Texas this week, underscoring the rapid rapprochement between Washington and Caracas....

Trump said revenue from the Venezuela arrangement has "paid for the war many times."...

If Dems Win The House: Data Centers, Nuclear, Venezuela Oil Deal Likely Targets With polling favoring Democrats to win a House majority in the fall and two months till US midterms Nov. 3 (where BofA's Michael Hartnett expects a market rout in case of a Democratic sweep), Dems have begun to preview priorities should they win back the gavel. Earlier this week, Rep. Debbie Wasserman Schultz (D-FL), who won a crowded primary in August for Florida's 20th congressional district, vowed if re-elected to help Democrats block Trump's agreement over Venezuelan oil production. Lobbyists are already beginning prepwork in anticipation of industry executives being subject to congressional probes or subpoenas, Politico reported. Winning back the House would give Democrats the ability to govern committee schedules, set investigative agendas, and leverage subpoenas. In the energy sphere, it is unlikely that we we see as hefty a climate focus as in the 117th Congress. Any clean energy focus will be instead f...

As part of Delcy Rodriguez's 'Venezuela reborn' campaign, murals of leaders like Hugo Chavez are being removed....

Venezuela has some of the world's largest oil reserves and could eventually produce far more than it does today. But Columbia University's Luisa Palacios says reviving the industry would take years, up to $150 billion in investment and a major rebuilding of trust after decades of contract changes, expropriations and infrastructure decline. (Source: Bloomberg)...