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Energy firms sign deals in Caracas, days after Venezuela agreed to grant the US control of a fifth of its oil reserves....

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CARACAS (dpa-AFX) - Die USA stehen laut Außenminister Marco Rubio einer Rückkehr der venezolanischen Oppositionsführerin und Friedensnobelpreisträgerin María Corina Machado in ihr Heimatland nicht im Weg. Sie sei venezolanische Staatsbürgerin und habe ......

For two decades, Chevron stayed while all its major peers quit after former Venezuelan President Hugo Chavez nationalized foreign assets atop the world's largest oil reserves....

Oft steht die Frage im Raum, ob Washington die Rückkehr der Friedensnobelpreisträgerin Machado in ihre Heimat verhindert. Laut US-Außenminister Rubio soll sie jederzeit zurückkehren können....

Former Venezuelan leader was abducted by US forces during a military attack on Caracas in January....

Big Oil has often employed the “hang around” playbook: secure legal rights to a giant resource — and then, eventually, figure out how to produce it profitably. But few companies have taken it to the extremes of Chevron Corp....

CARACAS (dpa-AFX) - US-Energieminister Chris Wright hat bei einem Besuch in Caracas die jüngsten Öl-Abkommen mit Venezuela als "historisch" bezeichnet. Die USA seien daran interessiert, die Energieproduktion weltweit ......

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Signing ceremony as US to control a fifth of Venezuela's oil reserves....

Executives from Chevron Corp., GE Vernova Inc. and Eni SpA joined US Energy Secretary Chris Wright and acting Venezuelan President Delcy Rodríguez to unveil a wave of energy deals aimed at boosting crude production in the South American nation....

Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." It's all about oil. An escalation in US-Iran hostilities over the Strait of Hormuz puts energy markets on edge and raises fears of a return to all-out war. US Energy Secretary Chris Wright and Chevron CEO Mike Wirth discuss the push to boost oil production. Plus, conversations with BlackRock's Gargi Chaudhuri, Rockefeller Capital Management CEO Greg Fleming and Ouster CEO Angus Pacala. (Source: Bloomberg)...

Chevron plans to invest $7bn in Venezuela over the next five years as it targets more than a doubling of its oil production in the South American country to 600,000 barrels per day....

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Chevron, the only US oil firm with major presence in Venezuela, said it has got extra acreage and will double output....

Chevron baut sein Geschäft in Venezuela kurz nach Trumps Öldeal deutlich aus. Der US-Konzern will über ein Gemeinschaftsunternehmen Milliarden investieren und die Förderung im Orinoco-Gürtel kräftig steigern....

Energy Secretary Wright Says Venezuela Could More Than Double Oil Production Venezuela's crude oil production rate could double in the next few years thanks to new deals set to be signed with U.S. and other foreign energy companies, U.S. Energy Secretary Chris Wright has said.  “The investment in these deals will massively grow available oil production, which will give downward pressure on oil prices, but the biggest kink right now in gasoline and diesel prices is refining capacity,” Wright said during a one-day visit to Caracas, as quoted by OilPrice. Venezuela's peak oil production rate was about 3 million barrels daily, but that was in the late 1990s. Since then, amid U.S. sanctions and underinvestment, production has dropped to 1.25 million barrels daily this year. Exports are running slightly above 1 million barrels daily, with the biggest portion going to U.S. refiners along the Gulf Coast. Last week, news broke that the U.S. federal government was negotiating a direct ownership ...

EE.UU. y Venezuela anunciaron un acuerdo petrolero que dará a Washington un amplio control sobre parte de la producción venezolana. ¿Cómo funcionará, qué busca cada país y cuáles son los grandes interrogantes que aún quedan? (Source: Bloomberg)...

Italian energy producer Eni SpA aims to eventually boost production from its Venezuelan operations to more than 1 million barrels a day, a figure that includes volumes from state-owned Petróleos de Venezuela SA, according to people familiar with the matter, a potentially significant boost to US President Donald Trump's effort to revive the country's battered crude industry....

Venezuela rückt wieder ins Zentrum der globalen Ölindustrie. Der US-Konzern Chevron plant dort eine massive Ausweitung seiner Förderung - und setzt auf Investitionen über Jahrzehnte. Auch Washington verfolgt weitreichende Interessen....