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.
Category : Search result: Prax Lindsey oil refinery
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.
Judge demands explanation from Trump lawyer over 'misconduct'
A federal judge has given Lindsey Halligan seven days to explain why she continues to act as US attorney after her appointment was ruled unlawful. The Trump-appointed lawyer led failed cases against James Comey and Letitia James.
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.
Venezuela: Oil Fuels US Intervention, But It's Not the Whole Story
The seizure of Venezuelan leader Nicolás Maduro by US forces was driven by oil, geopolitics, and domestic US politics. Explore the complex history behind this high-risk intervention.
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.
Readers Debate Motives Behind Trump's Venezuela Invasion
Metro readers argue Trump's Venezuela intervention is about oil control, not restoring democracy. They draw parallels with Iraq and question the precedent set. Have your say in the comments.
Why Trump Wants Venezuela's Oil Industry
Analysis of the US action against Nicolás Maduro and the strategic appeal of Venezuela's vast oil reserves to American energy interests under Trump's policy. Listen to the full podcast.
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?
Maduro Captured in US Military Operation
Venezuelan leader Nicolás Maduro is in US custody after a military attack. Read the latest on Trump's plans for Venezuela's oil and the UN's emergency meeting.
Trump's Plan for Venezuela's Vast Oil Reserves Explained
Donald Trump vows the US will 'run' Venezuela to tap its oil, the world's largest reserves. We analyse the strategic and economic drivers behind this high-stakes move. Read the full story.
Trump's Plan for Venezuela's Vast Oil Reserves
Donald Trump vows the US will 'run' Venezuela and tap its vast oil reserves. We explain the strategic importance of its 303 billion barrels and the huge challenges ahead.
US Oil Firms Silent on Trump's Venezuela Investment Claims
Donald Trump says US oil majors will spend billions rebuilding Venezuela's industry, but Chevron, ExxonMobil, and ConocoPhillips have not confirmed. Analysis reveals major hurdles.
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