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#oilprice.com. × Shell Moves Ahead With Venezuela Gas Project After U.S. Sanctions Relief | OilPrice.com. Shell is advancing its Dragon offshore gas project in Venezuela after new U.S. licenses permitted limited energy development under sanctions.

#oilprice.com. × Spain's Repsol Reveals Massive $5.4 Billion Debt From Venezuela | OilPrice.com. Spain's Repsol disclosed in its annual report that Venezuela owes the energy major nearly $5.4 billion for oil and gas supplies, interest arrears, and financing for joint ventures.

#oilprice.com. × U.S. to Redirect Venezuelan Oil Royalties Into a Treasury-Controlled Fund | OilPrice.com. The U.S. Treasury has introduced a new licensing and tax framework allowing oil production in Venezuela while routing royalties and federal taxes into a U.S.-managed fund instead of directly to Caracas

#oilprice.com. × U.S. Attacks Alleged Drug Boats as Venezuela Oil Crackdown Escalates | OilPrice.com. The United States military conducted fatal strikes on alleged drug boats while simultaneously enforcing a global quarantine on tankers carrying sanctioned crude oil from Venezuela.

#oilprice.com. × Guyana Fast-Tracks Gas Expansion as Oil Cash Piles Up | OilPrice.com. Guyana is rapidly pursuing a second gas pipeline project to utilize its offshore associated gas as a "bridge" to anchor a broader domestic industrial base and convert its oil windfall into long-term ec

#oilprice.com. × U.S. Forces Board Another Tanker in Expanding Venezuela Oil Crackdown | OilPrice.com. U.S. forces boarded a second oil tanker in the Indian Ocean as part of an expanding enforcement campaign against vessels carrying sanctioned Venezuelan crude.

#oilprice.com. × India’s Top Private Refiner Gets U.S. License to Buy Venezuelan Oil | OilPrice.com. India's largest private refiner, Reliance Industries, has received authorization from the United States to purchase, export, and sell Venezuelan crude oil, signaling a shift to replace Russian supply i

#oilprice.com. × Indian Scrapyards Welcome Growing Number of Dark Fleet Tankers | OilPrice.com. At least three U.S.-sanctioned "dark fleet" tankers have recently arrived at India's Alang demolition hub, following a record 15 last year, signaling the retirement of the fleet's oldest ships, partly

#oilprice.com. × Venezuela Oil Revenue Projected to Hit $5 Billion Under U.S. Control | OilPrice.com. Venezuela’s oil sales, under the control of the United States, are set to bring $5 billion over the next few months, with $500 million in proceeds already transferred to Caracas.

#oilprice.com. × Trump Disavows Oil Executive’s Role in Venezuela Talks | OilPrice.com. President Trump denied that a private U.S. oil executive is influencing Washington’s Venezuela policy, reaffirming that any reopening of the country’s vast crude reserves will remain tightly controlled

#oilprice.com. × U.S. Energy Secretary Says Venezuela Could See Surge in Oil Output | OilPrice.com. U.S. Energy Secretary Chris Wright predicted a dramatic surge in Venezuela's oil, natural gas, and electricity production this year, while cautioning the country about non-mutually beneficial deals wit

#oilprice.com. × Indian Refiners Urged to Buy More U.S. and Venezuela Oil | OilPrice.com. India's government is urging domestic refiners to increase spot market purchases of crude oil from the U.S. and Venezuela following a trade deal with the United States that includes a commitment to sto

#oilprice.com. × Trump Allows U.S. Firms to Provide Services for Venezuela’s Oil | OilPrice.com. The Trump Administration has further eased sanctions on Venezuela's oil industry by authorizing U.S. firms to provide services and technology for hydrocarbon exploration and production under limited co

#oilprice.com. × India Resumes Venezuelan Crude Purchases After U.S. Opens Market | OilPrice.com. Reliance Industries has resumed purchases of Venezuelan crude, marking India’s first deal since the U.S. took control of Venezuela’s oil sales and signaling a broader shift away from Russian supply und

#oilprice.com. × Shell Weighs Multibillion Dollar Venezuela Gas Investments | OilPrice.com. Shell’s CEO Wael Sawan told CNBC the company is actively considering multibillion-dollar offshore natural gas investments in Venezuela that could start production in the next few years, pending regulat

#oilprice.com. × U.S. Sends $500 Million in Venezuelan Oil Proceeds to Caracas | OilPrice.com. The United States has transferred $500 million in proceeds from Venezuelan oil sales to an overseas account under a January agreement aimed at stabilizing Venezuela’s economy.

#oilprice.com. × Washington Prepares Broad License to Restart Venezuelan Oil Production | OilPrice.com. Washington is preparing to take another step deeper into Venezuela’s oil sector, with plans to issue a broad license that would allow companies to pump crude in the country for the first time in years.

#oilprice.com. × U.S. Extends License Protecting Venezuela-Owned Citgo From Creditors | OilPrice.com. The United States has extended a Treasury license that shields Venezuela-owned refiner CITGO Petroleum Corp from creditor actions through March 20

#oilprice.com. × Equinor Exits Argentina’s Vaca Muerta Shale Play | OilPrice.com. Equinor will sell all its assets in Argentina’s Vaca Muerta basin to Vista Energy in a cash and stock deal worth $1.1 billion, the Norwegian energy major said on Monday as it continues to high-grade it

#oilprice.com. × Equinor Exits Vaca Muerta With $1.1 Billion Sale to Vista Energy | OilPrice.com. Equinor will sell all its onshore Vaca Muerta assets to Vista Energy for about $1.1 billion as it sharpens its focus on core international growth areas.

#oilprice.com. × Exxon Beats Expectations as Record Production Offsets Lower Oil Prices | OilPrice.com. ExxonMobil exceeded fourth-quarter earnings expectations as record production in the Permian Basin and offshore Guyana offset lower oil prices and weaker chemicals margins.

#oilprice.com. × Chevron Beats Profit Estimates as It Commits to Venezuela | OilPrice.com. Chevron beat fourth-quarter earnings expectations on record production and cost cuts while signaling continued engagement in Venezuela amid evolving U.S. policy.

#oilprice.com. × Venezuela Rewrites Its Oil Law to Attract Foreign Investment | OilPrice.com. Venezuela has passed a sweeping overhaul of its oil law, ending PDVSA’s monopoly and granting private companies greater control in hopes of attracting foreign investment amid easing U.S. sanctions.

#oilprice.com. × Washington Probes Who’s Cashing In on Venezuela’s Oil Reset | OilPrice.com. This week, U.S. Representative Robert Garcia, the top Democrat on a House investigative committee, sent letters to Vitol and Trafigura demanding records of any communications they’ve had with the Trump

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