Amid the ongoing tensions between the US and Venezuela, a Truth Social post by President Donald Trump has sparked major confusion. On Tuesday, Trump claimed that "it's time" for Venezuela to "return..

Venezuela is increasingly viewed as a strategic U.S. asset due to its combination of energy resources, minerals, water, and financial leverage. The country holds the largest proven oil reserves in the ...

In 1976, the government of oil-rich Venezuela assumed control of the country’s petroleum industry, nationalizing hundreds of private businesses and foreign-owned assets, including projects operated by ...

The International Chamber of Commerce ruled in Chevron's favor in a dispute with Exxon over Hess' Guyana oil assets. Chevron's victory clears the way for its $53 billion acquisition of Hess to close.