United States Archives - Page 9 of 78 -

Trump could offer deals to U.S. states to store nuclear waste

January 22, 2026

(Oil Price) – The Trump Administration plans to offer U.S. states incentives for building nuclear reactors in exchange for agreeing to store nuclear waste, a source familiar with the matter told Reuters on Thursday. However, a spokesperson for the U.S. Energy Department told Reuters that the story was “false” and that “no decisions have been made at this time,” after POLITICO first reported on the

U.S. establishes fund to control all Venezuelan oil revenue

January 22, 2026

(Oil Price) – U.S. President Donald Trump supervises the release of funds from sales of Venezuela’s oil, an official at the U.S. Administration told Semafor on Thursday. Following the capture of Venezuelan leader Nicolas Maduro early this month, President Trump moved to create a fund to hold revenues from sales of Venezuela’s oil. The money is being held in U.S. accounts and released at the

US energy secretary calls for doubling global oil output in Davos

January 22, 2026

(BOE Report) – The world needs to more than double oil production, U.S. Energy Secretary Chris Wright said on Thursday, while criticising the European Union and the U.S. state of California for wasting money on what he described as inefficient green energy. In recent years, the World Economic Forum’s discussions on energy have centred on ways to boost lower-carbon policies.

U.S. EIA forecasts U.S. crude oil output to remain near record levels

January 22, 2026

(World Oil) – U.S. crude oil production is expected to remain near its 2025 record through next year before declining in 2027, as lower oil prices curb drilling activity in the Lower 48, according to the U.S. Energy Information Administration’s January 2026 Short-Term Energy Outlook. The EIA forecasts U.S. crude oil production will average about 13.6 MMbpd in 2026—essentially flat with

Venezuela marks the opening move in a LatAm geoeconomic reset: Vladimirov

January 15, 2026

(BOE Report) – The ousting of Nicolas Maduro in Venezuela may mark the beginning of a broader U.S. attempt to realign Latin America geoeconomically, limiting the ability of Russia and China to use the Western Hemisphere as a pressure point in global commodity markets. Central America could become the next domino to fall. The region is an attractive route for facilitating both

Russia claims ownership of oil assets it’s developing in Venezuela

January 13, 2026

(Oil Price) – Russia on Tuesday asserted ownership of all oil assets a state Russian company is developing in Venezuela, following the claims of U.S. President Donald Trump that major American and Western oil firms would help revive Venezuela’s oil industry. Russia’s Roszarubezhneft, a state-owned firm that took over Rosneft assets in 2020 following U.S. sanctions on Rosneft’s Venezuelan oil trade, said on

Venezuela begins reversing oil output cuts as exports resume, sources say

January 13, 2026

(BOE Report) – Venezuela’s state oil company has begun reopening some of the wells it and its joint venture partners had shut amid a strict U.S. embargo, as crude exports resume with two shipments departed on Monday, three sources close to operations said. The OPEC country’s oil exports had remained almost at a standstill since December, with only U.S. Chevron exporting crude from

How long can Wall Street shrug off Trump’s ‘visible hand’?: McGeever

January 12, 2026

(BOE Report) – If record-high U.S. stock prices accurately reflect investors’ assessment of the first year of Trump 2.0, then it’s a glowing scorecard for the most interventionist government in decades. It’s yet another example of the topsy-turvy economic world where the global norms and orthodoxies of the last 40 years are being questioned and sometimes discarded by the U.S.

Trump pushes ’drill baby drill’ agenda to Venezuela, hurts producers at home

January 9, 2026

(Investing) – HOUSTON – U.S. oil producers already reeling from low oil prices are facing renewed pressures, as President Donald Trump pushes them to boost output in Venezuela – a move that would weaken the oil market, cut revenues and hurt industry at home. Trump has enacted policies that he says would unleash American energy and lower prices at the pump

U.S. won’t fund Venezuela oil revival, Burgum says

January 9, 2026

(World Oil) – The Trump administration is unlikely to provide financial support to help U.S. oil companies revitalize Venezuela’s oil sector, Interior Secretary Doug Burgum said Friday, throwing cold water on hopes the multibillion-dollar effort would be subsidized by the U.S. government. “The capital is going to come from the capital markets and come from the energy companies,” Burgum, who

US oil firms juggle Venezuela opportunity, investor concern ahead of White House summit

January 9, 2026

(BOE Report) – U.S. oil executives being summoned to the White House on Friday to discuss potential investment plans in Venezuela will be carefully weighing the country’s business potential and enthusiasm from President Donald Trump with a more cautious sentiment being expressed by some of their investors. Secretary of Energy Chris Wright, speaking at a Goldman Sachs energy conference in

Russian oil production dips as U.S. sanctions bite

January 9, 2026

(Oil Price) – Russia’s crude oil production dipped to 9.326 million barrels (bpd) in December, down by over 100,000 bpd from November and nearly 250,000 bpd lower than Moscow’s OPEC+ quota, sources familiar with classified government data told Bloomberg on Friday. The fresh U.S. sanctions on Russia’s top producers Rosneft and Lukoil drove the lower crude output at the end of last year.

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