Darren Woods, chairman and chief executive officer Exxon Mobil Corp., during a meeting with oil executives in the East Room of the White House in Washington, DC, US, on Friday, Jan. 9, 2026. Bloomberg | Bloomberg | Getty Images U.S. President Donald Trump threatened to sideline Exxon Mobil from Venezuela’s energy market, saying he didn’t … Read more
A woman holding an umbrella crosses a road at the entrance of Demerara Harbour Bridge with a sign that reads “Essequibo belongs to Guyana” in Georgetown on September 2, 2025. Joaquin Sarmiento | Afp | Getty Images The Trump administration’s military intervention in Venezuela is expected to radically reshape regional risk, including when it comes … Read more
U.S. Secretary of the Treasury Scott Bessent speaks in the Oval Office of the White House where President Donald Trump signed an executive order on Dec. 11, 2025 in Washington, DC. Alex Wong | Getty Images U.S. Treasury Secretary Scott Bessent has told Reuters that additional U.S. sanctions on Venezuela could be lifted as soon … Read more
U.S. President Donald Trump takes questions from members of the media during a meeting with oil and gas executives in the East Room of the White House on Jan. 9, 2026 in Washington, DC. Alex Wong | Getty Images U.S. President Donald Trump on Friday signed an executive order that aims to block the seizure … Read more
President Donald Trump is meeting Friday afternoon with more than a dozen oil companies at the White House to discuss plans for investment in Venezuela, less than a week after the U.S. ousted President Nicolas Maduro. The CEOs of Exxon, ConocoPhillips, Shell and a representative from Chevron are attending, sources told CNBC’s Brian Sullivan. Representatives … Read more
An oil tanker is docked at a pier at the El Palito refinery of the state oil company PDVSA. Jesus Vargas | Picture Alliance | Getty Images President Donald Trump said Tuesday evening that the interim authorities in Venezuela will be turning over between 30 million to 50 million barrels of oil to the United … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Jan. 5, 2026. Michael Nagle | Bloomberg | Getty Images The Nasdaq Composite rose on Tuesday, led by artificial intelligence darling Nvidia, while the Dow Jones Industrial Average took a breather after a rally in the previous … Read more
The future of Venezuela remains unclear after the U.S. launched a ground attack and ousted President Nicolas Maduro over the weekend. But amid the uncertainty, some investors see the potential for lucrative, long-term opportunities in the South American nation that has long been closed to much international business. At least Charles Myers, chairman of the … Read more
The Chevron logo is seen at a gas station on July 18, 2025 in Austin, Texas. Brandon Bell | Getty Images Shares of U.S. oil companies soared in premarket trade on Monday, as investors scrutinize the fallout from the Trump administration’s surprise military operation in Venezuela. Chevron shares rose 6.5% at 9:22 a.m. London time … Read more
President Donald Trump’s overthrow of President Nicolas Maduro in oil-rich Venezuela is unlikely to shock energy markets in the near term, analysts told CNBC on Saturday. While the scale of the U.S. attack was unexpected, markets had already priced in a conflict with Venezuela that would disrupt oil exports, said Arne Lohmann Rasmussen, chief analyst … Read more