Friday, Chairman Donald Trump urged US oil industry leaders to commit $100 billion to rebuild Venezuela’s devastated petroleum sector following the elimination of the oil industry Nicholas Maduro. Trump makes oil investments while Venezuela waits for reconstruction During a meeting at the White House with executives from ExxonMobil (NO Chevron (NYSE:CVX), ConocoPhillips (NYSE:COP) and other […]
Market uncertainty Redefines energy strategies This year, the energy sector has been in less than stable territory, with crude oil prices fluctuating due to a potent mix of trade disputes, supply chain upheavals and geopolitical unrest. From the Gulf of Mexico to the Middle East, traditional market cycles have given way to a deep restructuring […]