United States Archives - Page 5 of 76 -

US allows oil majors to resume Venezuela operations, broadly okays new energy investments

February 13, 2026

(BOE Report) – The U.S. eased sanctions on Venezuela’s energy sector on Friday, issuing two general licenses that allow global energy companies to resume oil and gas operations in the OPEC member and for other companies to negotiate contracts on investments in new energy operations. The Treasury Department’s Office of Foreign Assets Control issued a general license allowing Chevron, BP, Eni, Shell and Repsol to

Trump disavows oil executive’s role in Venezuela talks

February 12, 2026

(Oil Price) – President Donald Trump on Thursday rejected any suggestion that a private U.S. oil executive is shaping Washington’s approach to Venezuela, stepping into a sensitive debate over who gets influence in the future of the world’s largest stranded crude reserves. In a post on Truth Social, Trump said Florida fuel trader Harry Sargeant III has no authority to act

Venezuelan leader Rodriguez says she was invited to US, NBC reports

February 12, 2026

(Investing) – WASHINGTON – Venezuelan interim leader President Delcy Rodriguez said she has been invited to the United States, according an interview released Thursday by NBC News as U.S. Energy Secretary Chris Wright visited Caracas. “I have been invited to the States,” Rodríguez was quoted as saying. “We’re contemplating coming there once we establish this cooperation and we can move forward

Alberta separatists step up efforts to leave Canada after meeting with Trump officials

February 12, 2026

(BOE Report) – Separatists in Alberta are ramping up a petition campaign aimed at triggering an independence vote in the western province that has long complained its economy is being held back by the rest of Canada. Volunteer canvassers are hoping to collect by May 2 approximately 177,000 signatures, or 10% of the province’s registered voters, the threshold required to

US energy secretary arrives in Venezuela with Herculean task of oil recovery

February 11, 2026

(Investing) – HOUSTON – Venezuela is hosting U.S. Secretary of Energy Chris Wright starting on Wednesday, marking the highest-level U.S. visit focused on energy policy to the OPEC nation in nearly three decades, as Washington conducts its first on-the-ground assessment of the oil industry it is proposing to rebuild. Wright landed in Caracas on Wednesday morning, a day after the U.S.

Russia says US restrictions on its role in Venezuela’s oil business are discrimination

February 11, 2026

(Investing) – MOSCOW – Foreign Minister Sergei Lavrov said on Wednesday that new U.S. restrictions on the role of Russia and other countries in Venezuela’s oil business were blatant discrimination and the Kremlin said it would clarify the matter with Washington. The U.S. Treasury Department on Tuesday issued a general license to facilitate the exploration and production of oil and gas

Trump EPA set to scrap landmark emissions policy

February 10, 2026

(Oil Price) – The U.S. Environmental Protection Agency is about to pull the rug from underneath climate regulation by repealing the so-called endangerment finding—an EPA decision from 2009 saying greenhouse gases “threaten the public health and welfare of current and future generations.” The decision names six gases as dangerous, including carbon dioxide and methane, on which much of climate regulation in the United

Oilfield services executives head to Washington to push permitting reform

February 10, 2026

(World Oil) – Executives from across the U.S. oilfield services and technology sector are heading to Washington this week to press lawmakers on permitting reform, trade policy and workforce issues they say are directly affecting project execution and investment across the energy industry. The Energy Workforce & Technology Council (EWTC) said nearly 60 senior leaders from more than 40 member companies will

Texas anti-ESG law declared unconstitutional by US judge

February 5, 2026

(Investing) – A federal judge declared unconstitutional a 2021 Texas law restricting state investments in companies seeking to rely less on fossil fuels or boycott that industry. In a decision made public on Wednesday, U.S. District Judge Alan Albright said the law violated First Amendment free speech protections because it punished businesses for speaking about fossil fuels and associating with organizations that

Oil prices pare earlier gains amid Iran watch; US inventories seen falling sharply

February 4, 2026

(Investing) – Oil prices were largely flat on Wednesday, halting a sharp advance from earlier after reports of growing tensions between the U.S. and Iran pushed up concerns over potential supply disruptions in the Middle East. Oil had also benefited from industry data showing U.S. oil inventories unexpectedly shrank by a large amount in the prior week, as extreme cold weather in

U.S. moves to reopen Venezuelan oil production with new general license

February 3, 2026

(World Oil) – The U.S. government is preparing to issue a general license allowing companies to pump oil in Venezuela, part of the Trump administration’s plan to ease sanctions and rebuild the nation’s moribund energy industry. The new license could be issued by the Treasury Department as soon as this week, according to people familiar with the measure who asked not

Iranian gunboats confront U.S.-flagged oil tanker in Strait of Hormuz

February 3, 2026

(Oil Price) – Iranian gunboats made a pointed move in the Strait of Hormuz this week, approaching a U.S.-flagged oil tanker in what U.S. and British maritime security sources describe as a failed attempt to interfere with the vessel’s transit. No shots were fired, the tanker continued on its way, and no damage was reported—but the message was unmistakable. The incident

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