POWER POINT What I’m hearing from energy insiders It was one of the most eye-opening and fascinating business trips in my 30-year career: the opportunity to travel to Venezuela to witness firsthand the signing of oil deals between the government in Caracas and Venezuelan and Western oil companies. CNBC was one of just a handful…
The Pentagon has received a big ownership stake in an obscure private oil company that will control crude reserves larger than ExxonMobil‘s global portfolio if President Donald Trump‘s Venezuela deal is successful. The deal comes eight months after Washington ousted former Venezuelan President Nicolás Maduro in a military raid and co-opted the remaining regime led…
A woman reacts in the street following an earthquake in Caracas on June 24, 2026. A magnitude 7.1 earthquake struck Venezuela on Wednesday, the United States Geological Survey reported, triggering panic in Caracas. Federico Parra | Afp | Getty Images Strong earthquakes struck west of Venezuela’s capital on Wednesday afternoon, bringing down buildings in Caracas and…
