United States Archives - Page 10 of 78 -

US seizes Olina tanker in Caribbean, fifth vessel taken in Venezuela blockade

January 9, 2026

(Investing) – WASHINGTON/SINGAPORE – The U.S. has seized the Olina tanker in the Caribbean, the fifth vessel targeted in recent weeks as Washington steps up efforts to curb Venezuelan oil exports, U.S. officials said on Friday. The Olina, which according to public shipping database Equasis was falsely flying the flag of Timor Leste, previously sailed from Venezuela and had returned

US Senate to vote on reining in Trump on Venezuela

January 8, 2026

(BOE Report) – The U.S. Senate is due to consider a resolution on Thursday that would block President Donald Trump from taking further military action against Venezuela without congressional authorization, and backers said the measure could pass in a close vote. Days after U.S. forces captured Venezuelan President Nicolas Maduro in a dramatic military raid in Caracas, senators will vote

U.S. oil majors exploring Venezuela opportunities, says Energy Secretary

January 8, 2026

(World Oil) – ConocoPhillips, ExxonMobil and other U.S. oil companies are examining what role they can play in helping revitalize Venezuela’s energy industry, US Energy Secretary Chris Wright said following talks with executives. “Maybe we’ll get to a framework where they’ll go in in a large way again, but in the meantime, they’re not going to sit on their hands,”

Trump withdrawal from bedrock UN climate treaty raises legal questions

January 8, 2026

(Investing) – WASHINGTON – The Trump administration’s decision to withdraw the United States from the foundational U.N. climate treaty, which the U.S. Senate unanimously adopted more than 30 years ago, may be illegal, according to some legal experts who say that Congress would need to approve its exit. President Donald Trump said on Wednesday that the United States would withdraw from

U.S. captures Russia-linked tanker after naval standoff in the North Atlantic

January 7, 2026

(Oil Price) – U.S. forces have seized a Russia-flagged tanker in the North Atlantic after a dramatic pursuit that began near Venezuelan waters, marking a sharp escalation in Washington’s enforcement of its global blockade on sanctioned Venezuelan oil. U.S. European Command confirmed the capture of the M/V Bella 1, saying the vessel was seized for sanctions violations “pursuant to a warrant issued by a

IPAA urges EPA reset of regulations for low-production U.S. wells

January 7, 2026

(World Oil) – The Independent Petroleum Association of America is urging the Environmental Protection Agency to revise elements of Subpart W in the Greenhouse Gas Reporting Program that affect low-production and marginal-well operators. In a letter sent from Washington, the group said wells producing 15 boed or less represent a substantial share of U.S. output and require a regulatory framework aligned with small-business

US needs to control Venezuelan oil sales, revenue to drive change, says energy secretary

January 7, 2026

(Investing) – The United States needs to control Venezuela’s oil sales and revenue to drive the changes it wants to see in the country, Energy Secretary Chris Wright said on Wednesday. Wright said he was speaking to U.S. oil companies to learn what conditions would enable them to enter the South American country and added that he wanted to sell Venezuelan

Chevron shares jump as Trump signals Venezuela oil revival

January 5, 2026

(World Oil) – U.S. oil stocks jumped Monday after President Donald Trump pledged to revive the Venezuelan energy sector following the capture of Nicolás Maduro over the weekend. Chevron Corp., the only American oil major currently operating in the South American nation under special U.S. permission, surged as much as 6.3%, the most since April. ConocoPhillips and Exxon Mobil Corp.

Chevron, US refiners’ shares surge after Trump’s move toward Venezuela oil

January 5, 2026

(BOE Report) – U.S. oil companies’ shares rose in premarket trading on Monday as investors bet that President Donald Trump’s move against Venezuela’s leadership would allow American firms greater access to the world’s largest oil reserves. Shares of Chevron, the only U.S. major currently operating in Venezuela’s oil fields, climbed 7.3%, while refiners Phillips 66, Marathon Petroleum, Valero Energy and PBF

API praises House approval of bipartisan permitting reform bills

December 12, 2025

(World Oil) – WASHINGTON — The American Petroleum Institute (API) is welcoming the U.S. House of Representatives’ passage of two bipartisan bills aimed at overhauling the federal permitting process for energy and infrastructure projects. The legislation includes the Improving Interagency Coordination for Pipeline Reviews Act (H.R. 3668) and the Promoting Efficient Review for Modern Infrastructure Today (PERMIT) Act (H.R. 3898). Both measures are designed to

Shadow fleet on edge after U.S. seizes tanker in Venezuelan waters

December 11, 2025

(Oil Price) – The United States has seized a large oil tanker off the coast of Venezuela, marking a major escalation in tensions between Washington and Caracas. President Trump confirmed the operation, saying, “We’ve just seized a tanker on the coast of Venezuela, large tanker, very large, largest one ever seized actually”. He then went on to warn that “other things are happening

U.S. Army looks to build small refineries for critical minerals

December 9, 2025

(Oil Price) – The U.S. Army will develop small-scale refineries to ensure domestic supply of critical minerals for defense and military purposes as the United States and the Western allies look to reduce their dependence on China. “We need to come up with a way to ‌make our own (critical minerals) domestically that we can actually monitor and control within our

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