Thursday, August 27, 2026
U.S. in talks to take direct ownership of Venezuelan oil fields- oil and gas 360

U.S. in talks to take direct ownership of Venezuelan oil fields

(Oil Price) – The Trump administration is reportedly in active discussions with Venezuela’s interim government to acquire a direct U.S. ownership stake in key Venezuelan oil fields. According to senior U.S. officials cited by Axios, the talks involve equity stakes in a select group of high-yield fields containing approximately 90 billion barrels of proven crude—a transaction that would significantly alter Washington’s foreign

Global Strategic Petroleum Reserves, Part 3 (Final): Cost, Misuse, and Governance Failures- oil and gas 360

Global Strategic Petroleum Reserves, Part 3 (Final): Cost, Misuse, and Governance Failures

(Oil & Gas 360) By Greg Barnett, MBA SPR as a national balance sheet—and why politicians keep over-promising what it can do. SPR policy is often marketed as “energy security.” In practice it is also financial engineering, governance, and political incentive. This final section frames SPRs as balance-sheet positions, compares burden to macro measures, and highlights governance and political misuse