energy News
Chevron Surges as Maduro's Ouster Ignites Hopes for Venezuela Oil Revival
Shares climb over 2% as investors bet the U.S. energy giant, the last major American producer in the country, could finally ramp up production from the world's largest reserves.
Oil Prices Face New Pressure as Venezuelan Regime Change Opens Door to Supply
The end of Nicolás Maduro's rule brings the prospect of the world's largest oil reserves re-entering the global market, a long-term bearish signal for crude.
Energy Stocks Reel as Venezuelan Oil Looms After US Intervention
Crude prices face pressure after President Trump signals U.S. firms will develop Venezuelan reserves, creating a complex outlook for the energy sector.
Chevron Navigates Tighter Sanctions in High-Stakes Venezuela Play
A more restrictive U.S. license is forcing the oil major to alter royalty payments, slowing debt recovery from the nation's vast, but risky, oil fields.
Chevron Surges as Maduro's Fall Spurs Venezuela Asset Hope
Shares climb over 2% as investors bet the political upheaval could revive the oil major's long-stifled operations in the sanctions-hit nation.
Oil Prices Dip as Global Supply Glut Overshadows Venezuela Turmoil
Crude prices fall over 1% despite the reported capture of Venezuelan President Nicolas Maduro, as traders focus on a looming supply surplus and weak demand.
US Offshore Wind Ambitions Dashed as Industry Sues Over Project Freeze
Citing national security, the administration's move freezes nearly 6 GW of projects, prompting legal challenges from developers like Orsted and Dominion.
Woodside Energy Inks 9-Year LNG Supply Deal with Turkey's BOTAŞ
The agreement will see the Australian energy giant supply 0.5 million tonnes per annum to the Turkish market, sourced primarily from its upcoming Louisiana LNG facility.