US negotiating with Chevron, other oil firms for fast Venezuelan oil output: Report

The United States is currently negotiating with Chevron, other oil producers, and leading service firms to implement a strategy for a rapid increase in Venezuelan oil output, Bloomberg News reported on Saturday. According to the report, American officials are considering the deployment of SLB, Halliburton, and Baker Hughes to overhaul antiquated infrastructure and modernize long-standing…

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Trump admin’s fresh warning to Venezuela: Cut ties with China, Russia and Iran; partner only with US for oil production

The US administration, led by President Donald Trump, has asked the interim leader of Venezuela, Delcy Rodríguez, to exclusively partner with Washington on oil production and favor it when selling heavy crude, ABC reported. In addition to an exclusive partnership with the US, the Trump administration has demanded Venezuela to “kick out” China, Russia, Iran…

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US attacks Venezuela: Left parties slam ‘kidnapping’ of Nicolas Maduro, call for nationwide protests

US attacks Venezuela: The Left Parties on Sunday strongly denounced and condemned the United States’ ‘aggression’ and the ‘kidnapping’ of Venezuelan President Nicolas Maduro and his wife, Cilia Flores,’ and called for nationwide protests in solidarity with the people of Latin America. In a joint statement, five Left Parties, Communist Party of India (CPI), Communist…

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Trump says US will control Venezuelan oil; but is it really going to increase production? What experts say

US bombing in Venezuela has created ripples across the world, with President Donald Trump saying on Saturday that his country planned to tap Venezuela’s vast oil reserves to sell to other nations. Trump’s overthrow of President Nicolas Maduro in the oil-rich nation is however unlikely to translate into higher crude production, according to experts. Venezuela…

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