Venezuela

Trump to keep Machado's Nobel peace prize, laureate title to stay with her

US President Donald Trump will keep the Nobel Peace Prize offered by Venezuelan opposition leader María Corina Machado, while the Nobel Committee says the laureate title cannot be transferred

US seizes tanker linked to Venezuela ahead of US Prez's meet with Machado

The seizure marks the sixth vessel targeted in recent weeks that was either carrying Venezuelan oil or had done so in the past

Trump to meet Venezuelan Oppn leader after cozying up to Maduro's successor

President Donald Trump is set to meet Thursday at the White House with Venezuelan opposition leader Mara Corina Machado, whose political party is widely considered to have won 2024 elections rejected by then-President Nicols Maduro before the United States captured him in an audacious military raid this month. Less than two weeks after U.S. forces seized Maduro and his wife at a heavily guarded compound in Caracas and brought them to New York to stand trial on drug trafficking charges, Trump will host the Nobel Peace Prize laureate Machado, having already dismissed her credibility to run Venezuela and raised doubts about his stated commitment to backing democratic rule in the country. She's a very nice woman, Trump told Reuters in an interview about Machado. I've seen her on television. I think we're just going to talk basics. The meeting comes as Trump and his top advisers have signaled their willingness to work with acting President Delcy Rodrguez, who was Maduro's vice president

US races to sell Venezuelan oil, transforming ties with former foe

US officials brokered the sale of hundreds of millions dollars worth of Venezuelan oil to stabilize the country's economy after capturing its president

China seeks assurances over loans to Venezuela after Maduro's capture

While state-owned China National Petroleum Corp. holds stakes in three joint ventures producing heavy crude in the Orinoco Belt and one in Zulia state, production is limited and uneven

Vitol, Trafigura offer Venezuelan oil to India, China for March delivery

The trading firms are ​scrambling to secure ships, moving swiftly to sell the Venezuelan oil, with Trafigura's CEO saying it will load its first cargo for the US this week

Surprising overreach by the US, BCCI puts power and restraint to the test

From US military adventurism abroad to the BCCI's intervention in cricketing choices, overreach-state or non-state-risks undermining diplomacy, rules and trust

Trump says no more Venezuelan oil or money to go to Cuba, pushes for deal

Treasury-supervised accounts, a major test of the emerging relationship between Trump and interim President Delcy Rodriguez

'Hope they never forget': Trump as Venezuela frees political prisoners

In a post on Truth Social, he said that the Venezuelan political prisoners got 'lucky' as the US intervened and expedited the process

Venezuela frees political prisoners as govt vows to 'rescue' Maduro

Venezuelan authorities released at least seven people, including Virgilio Laverde, youth coordinator for Machado's Vente Venezuela party in the southern state of Bolívar

Trump signs executive order meant to protect money from Venezuelan oil

US President Donald Trump's new executive order on Venezuelan oil revenue is meant to ensure that the money remains protected from being used in judicial proceedings. The executive order, made public on Saturday, says if the funds were to be seized for such use, it could undermine critical US efforts to ensure economic and political stability in Venezuela. The order comes amid caution from top oil company executives that the tumult and instability in Venezuela could make the country less attractive for private investment and rebuilding. If we look at the commercial constructs and frameworks in place today in Venezuela, today it's uninvestable, said Darren Woods, CEO of ExxonMobil, the largest US oil company, during a meeting convened by Trump with oil executives on Friday. During the session, Trump tried to assuage the concerns of the oil companies and said the executives would be dealing directly with the US, rather than the Venezuelan government. Venezuela has a history of state

Venezuela seeks closer ties with US while condemning Maduro's fall

One of the first major tests of the Trump-Rodríguez alliance will focus on the oil riches of Venezuela, home to the one of the world's largest proven reserves of the key global commodity

US sends delegation to Venezuela to restore ties after Maduro's capture

The United States and Venezuelan governments said Friday they were exploring the possibility of restoring diplomatic relations between the two countries, and that an delgation from the Trump administration arrived to the South American nation on Friday. The small team of US diplomats and diplomatic security officials traveled to Venezuela to make a preliminary assessment about the potential re-opening of the US Embassy in Caracas, the State Department said in a statement. Venezuela's government acknowledged the delegation's presence in Venezuela and announced that it will send a delegation to the US but it did not say when. Venezuela's government on Friday acknowledged that US diplomats had travelled to the South American country and announced that it will send a delegation to the US but it did not say when. In a statement, Delcy Rodrguez's government said it has decided to initiate an exploratory process of a diplomatic nature with the Government of the United States of America, .

Exxon calls Venezuela 'uninvestable' as Trump pushes $100 billion oil plan

CEO Woods said Exxon was ready "to put a team on the ground" if there is an invitation from the Venezuelan government and appropriate security guarantees

Trump's Venezuela push threatens China's economic grip across Latin America

China built a dominant strategic position in the region as the leading lender and trading partner; it is watching President Trump's next moves closely

Working well with Venezuela: US President Trump cancels second attack

US President set to outline plan for Venezuelan oil

Trump meets oil executives at White House, seeks investment in Venezuela

President Donald Trump is meeting with oil executives at the White House on Friday in hopes of securing USD 100 billion in investments to revive Venezuela's ability to fully tap into its expansive reserves of petroleum a plan that rides on their comfort in making commitments in a country plagued by instability, inflation and uncertainty. Since the US military raid to capture former Venezuelan leader Nicols Maduro on Saturday, Trump has quickly pivoted to portraying the move as a newfound economic opportunity for the US, seizing three tankers carrying Venezuelan oil, saying the US is taking over the sales of 30 million to 50 million barrels of previously sanctioned Venezuelan oil and will be controlling sales worldwide indefinitely. It's also part of a broader push by Trump to keep gasoline prices low. At a time when many Americans are concerned about affordability, the incursion in Venezuela melds Trump's assertive use of presidential powers with an optical spectacle meant to ...

Oil gains as market assesses protests in Iran, dealmaking for Venezuela

Civil unrest in major Middle Eastern producer Iran and concerns about the spread of the Russia-Ukraine war to Russian oil exports have increased supply worries

US open to China's limited presence in Venezuela, not oil control

Wright also said he expected see Chevron, opens new tab quickly grow its activities in Venezuela with ConocoPhillips

Reliance Industries says it may buy Venezuelan oil, awaiting clarity

The statement comes amid evolving global discussions on energy trade involving Venezuela, as refiners assess supply options based on regulatory approvals and international sanctions frameworks