Oil Not Well: Why ExxonMobil and others think Venezuela’s current environment is ‘uninvestable’ | Business – The Times of India

Oil Not Well: Why ExxonMobil and others think Venezuela’s current environment is ‘uninvestable’ | Business – The Times of India

President Donald Trump speaks with Chief Executive Officer and Chairman of ExxonMobil Darren Woods, left, while Chairman, President and Chief Executive Officer of Marathon Petroleum Maryann Mannen, right, and Tallgrass Energy President and Chief Executive Officer Matt Sheehy, far right, look on during a meeting with oil executives in the East Room of the White…

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Venezuela oil exports: Asia-bound shipments stalled for fifth day amid US embargo; PDVSA faces stockpile stress – The Times of India

Venezuela oil exports: Asia-bound shipments stalled for fifth day amid US embargo; PDVSA faces stockpile stress – The Times of India

File photo (Picture credit: AP) Venezuela’s main oil ports entered a fifth straight day without shipping crude to customers in Asia, the country’s biggest buyers, as US pressure on the OPEC producer intensified under an oil embargo, shipping data showed.The halt in deliveries risks worsening problems for state-run oil firm PDVSA, which is already struggling…

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Venezuela crisis: Donald Trump says US oil firms will enter country; vows ‘strong involvement’ in energy sector – The Times of India

Venezuela crisis: Donald Trump says US oil firms will enter country; vows ‘strong involvement’ in energy sector – The Times of India

File photo: US President Donald Trump US President Donald Trump has said American oil companies will be allowed to move into Venezuela to tap its vast crude reserves following a US military operation that led to the capture of President Nicolás Maduro.Speaking at a press conference on Saturday, Trump said major US energy firms would…

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