Categories: BUSINESS

Trump says US oil firms will enter Venezuela; vows ‘strong involvement’ in energy sector

US President Trump announced US oil companies will invest billions to repair Venezuela’s infrastructure and restart production following the capture of President Maduro. Despite existing sanctions, Trump stated major US energy firms will tap vast crude reserves, aiming to enrich Venezuela and ensure its independence and safety.
Sumitra

Recent Posts

‘Extra payout’ to Maharashtra PSU: HDFC board slaps Rs 1 lakh fines on MD, CFO

HDFC Bank's board penalized top executives over deposit arrangements with MSRDC. The internal review found…

22 hours ago

Rs 100 crore club gets bigger: Number of nine-figure income filers quadruples in five years

More Indians are reporting nine-figure incomes on tax returns. The number of these high-earners rose…

22 hours ago

BNP to take bancassurance route for insurance re-entry

BNP Paribas Cardif is acquiring a significant stake in IndiaFirst Life Insurance. This strategic investment…

2 days ago

Energy security in focus: What India’s crude oil, LPG and LNG strategic reserves strategy should look like

Once completed, the total strategic petroleum reserves capacity will increase to 11.88 MMT, enabling India…

3 days ago