US Moves In to Rescue Venezuela’s Oil Industry After Maduro’s Ouster
After last Saturday’s ouster of President Maduro, the U.S. pledges to revive Venezuela’s oil industry. But crumbling infrastructure and political risks mean it won’t be easy.
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US Expands Sanctions on Maduro’s Inner Circle
The US Treasury slapped fresh sanctions on Venezuela’s Maduro network on Dec 19, targeting family ties and extending Citgo license to Feb 3, 2026.
Massive Fire at Chevron Refinery in LA County
A massive fire erupted at Chevron’s El Segundo refinery in LA County Thursday night. Quick action by Chevron’s department and local crews has kept flames at bay.
Brazil Joins OPEC+: Boosting Its Oil Power Amid Amazon Controversy
Brazil steps into the global oil spotlight by joining OPEC+, aiming to boost its energy sector while facing criticism for expanding drilling in the Amazon ahead of COP30.