Friday, July 11, 2025

U.S. Demands Visits with Oil Execs Jailed in Venezuela

From the ASSOCIATED PRESS/Houston Chronicle CARACAS, Venezuela – U.S. diplomats are demanding that Venezuela give them immediate access to jailed oil executives who hold American passports. The State Department said in a statement Friday that the U.S. Embassy in Caracas made the request to the government under international law. It follows the arrest of six high-ranking executives from Citgo, a

Weatherford Hires Morgan Stanley to Divest Assets: Reuters

From Reuters LONDON/NEW YORK (Reuters) – U.S. oil services firm Weatherford International has appointed advisers including Morgan Stanley to sell units starting in the first quarter of 2018, banking sources told Reuters. Alongside oil producers, companies that drill wells, haul water and provide other services to energy exploration firms have been hit by a slump in oil prices, with benchmark