U.S. negotiates stake in Venezuelan oil fields, Axios reports

The Daily Journal – The Donald Trump administration is holding advanced talks with Venezuela’s interim government to acquire an equity stake in the South American country’s oil fields under a deal that official sources describe as “massive,” digital news outlet Axios reported Thursday. If the parties finalize the deal, it would cover more than a […]

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Indian refineries turn to Venezuelan oil amid Middle East crisis

The Daily Journal — As escalating conflicts in the Middle East severely disrupt crude oil flows through the Persian Gulf and the Red Sea, Indian refineries have begun testing Venezuelan crude as a strategic alternative to secure the country’s energy supply, according to a report published by ETEnergyworld.com. An increase in Houthi attacks on commercial […]

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