US Venezuela Oil Plan Eats 13% of 1.5C Carbon Budget
Exclusive analysis reveals US plans to exploit Venezuela's vast, dirty oil reserves could consume 13% of the world's remaining carbon budget for 1.5C, locking in decades of high emissions.
Category : Search result: US shale oil
US Frackers Squeezed by Oil Glut and Venezuela Threat
US shale oil producers, already contending with a global supply glut and four-year low prices, face a new challenge from potential Venezuelan output. Read the analysis of the industry's precarious 2026 outlook.
Trump may block Exxon from Venezuela after CEO's remarks
Donald Trump has threatened to bar ExxonMobil from Venezuela after its CEO called the country 'uninvestable'. This follows a $100bn oil investment push after Maduro's removal. Read the latest.
US seizes third tanker in Venezuelan oil crackdown
US forces have intercepted a third oil tanker in the Caribbean in a week, as President Trump meets 'BIG OIL' executives to plan taking 'billions' from Venezuela. Read the latest developments.
High Costs, Falling Returns: Trump's Venezuela Oil Gamble
Donald Trump's seizure of Venezuelan crude faces huge hurdles: a $183bn investment need, broken infrastructure, and a volatile oil market. Can the US unlock the 'tremendous wealth'?
US seizes Venezuelan oil tanker in sanctions move
The US government has seized a Venezuelan oil tanker, the 'Empire', in a major sanctions enforcement action. Read the full details and global implications here.
US seizes fifth Venezuelan-linked oil tanker in Caribbean
US forces seize another tanker near Trinidad in escalating campaign against Venezuela's oil exports. President Trump heralds capture of Nicolas Maduro as 'extremely successful' operation.
Reviving Venezuela's oil industry a £80bn challenge
Experts warn it could take up to seven years and over £80bn to revive Venezuela's oil industry, casting doubt on Trump's 18-month promise. Analysis reveals a sector crippled by decay.
Trump's Venezuela oil plan: A 14-year, billion-pound fix?
Donald Trump targets Venezuela's dense, heavy oil, but analysts warn it could take 14 years and billions to fix the industry. The Guardian's Jillian Ambrose explains the high-stakes play.
US Seeks Indefinite Control Over Venezuela Oil Sales
The White House plans indefinite control of Venezuela's oil sales, with Trump overseeing billions in revenue. US sanctions may ease as tensions with Russia and China flare.
Oil prices fall on Trump's Venezuela crude deal
Global oil prices dropped after Donald Trump said Venezuela would hand over up to 50 million barrels of sanctioned crude to the US, threatening an oversupplied market. Read the full analysis.
Trump's Venezuela Oil Move Labelled 'Imperialistic'
Yale professor Jeffrey Sonnenfeld slams US action on Venezuela's oil as 'confiscatory and imperialistic' amid a global glut. Read the full analysis of the controversial policy.
Trump Announces Major Venezuela Oil Deal
Donald Trump announces Venezuela will supply up to 50 million barrels of oil to the US, with proceeds under his personal control. Read the latest on this major energy development.
Trump's Venezuela Oil Plan Relies on US Firms
President Trump wants US oil companies to revive Venezuela's industry, but sanctions, infrastructure, and political uncertainty pose major hurdles. Analysis of the risks and rewards.
Markets surge after Trump's Venezuela intervention
Gold hits record high and US oil shares soar following the capture of Venezuela's president. Analysts cite a flight to safety amid geopolitical uncertainty. Read the full market analysis.
Big Oil Wary of Rushing Back to Venezuela, Analysts Say
Despite Donald Trump's call for US oil firms to invest billions in Venezuela's crumbling industry, experts warn of high costs and political risks. Discover why a stampede is unlikely.
Trump's Venezuela Oil Plan: A Muted Market Response
Donald Trump's plan to extract wealth from Venezuela's heavy crude is a long-term play for US Gulf Coast refineries. We analyse the muted market reaction and the $185bn challenge.
China's Venezuela Risk After US Seizes Maduro
Beijing condemns US 'imperialist' action as Trump's seizure of Nicolás Maduro threatens China's $106bn investments and oil interests in Venezuela. Analysis of the diplomatic fallout.
US monitors tanker off Ireland in Venezuela oil blockade
A US military aircraft is tracking a sanctioned oil tanker 250 miles off Ireland, part of a major naval quarantine on Venezuelan oil. At least a dozen other vessels are attempting to evade the blockade. Read the latest developments.
Safe Haven Metals Surge After US Intervention in Venezuela
Gold, silver, and copper prices jumped as investors reacted to geopolitical uncertainty following the capture of Venezuelan President Maduro. Oil markets show muted initial response. Read the full analysis.
Phillips 66 buys collapsed Prax Lindsey oil refinery
US energy firm Phillips 66 acquires the collapsed Prax Lindsey refinery in Lincolnshire, guaranteeing jobs for 250 staff until March and boosting UK fuel supply. Read the full story.
Lindsey Refinery Buyer Rules Out Restarting Fuel Production
Phillips 66 acquires the Lindsey Oil Refinery but confirms it will not resume fuel making, casting doubt over the future of 250 jobs. The deal aims to boost UK energy security.
Safe Haven Metals Spike on Trump Venezuela Move
Gold, silver, and copper prices surged as markets reacted to the US capture of Venezuelan President Maduro. Discover the market impact and why oil's reaction was muted.
Oil falls on Trump's Venezuela pledge to unlock reserves
Brent crude dropped to $60.33 as markets assess the impact of US intervention in Venezuela's vast oil industry. A former Chevron executive seeks $2bn for projects. Read the latest analysis.
US Captures Venezuelan President Maduro in New York Raid
Venezuelan President Nicolás Maduro was apprehended by US agents in Manhattan. The operation triggers international condemnation and raises questions about oil and power. Read the full story.
US seizes Venezuela's Maduro in military strike
Donald Trump orders military action in Venezuela, seizing President Nicolás Maduro. The US vows to 'run' the country, sparking global alarm over a dangerous new precedent. Read the full analysis.
Can US Investment Reverse Venezuela's Oil Production Slump?
Following the removal of Nicolás Maduro, Donald Trump pledges billions in US investment to revive Venezuela's vast but declining oil industry. Analysis reveals the immense scale and challenges ahead.
Trump's Venezuela Press Conference Focuses on Oil, Not Drugs
Donald Trump's press conference shifted focus to Venezuela's oil reserves, reinforcing claims the US action was never about the 'war on drugs'. Experts analyse the legal and historical context.
US aims to revive Venezuela's oil after Maduro's removal
Following the US intervention in Venezuela, Donald Trump pledges billions in American investment to tap the world's largest oil reserves. We analyse the challenges and global market impact. Read the full analysis.
US Role in Venezuela's 'Bust' Oil Industry Explained
Analysis of Trump's plan for US oil majors to invest billions in Venezuela's crippled industry. Can it work, and what does it mean for China and global markets?
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