Venezuelan leader Nicolas Maduro's capture by the United States has deprived Vladimir Putin of an ally and could increase U.S. "oil clout", but Moscow is eying potential gains from President Donald Trump's division of the world into spheres of influence. Special Forces seized Maduro only eight months after the Russian president agreed a strategic partnership with his "dear friend", and Trump said the U.S. was taking temporary control of Venezuela, which has the world's biggest oil [Read more]
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What’s the status of international oil companies in Venezuela after Maduro’s capture?
Here are key facts about international oil companies in Venezuela, a country with the world's largest oil reserves thrown into crisis by the capture of President Nicolas Maduro by U.S. forces. In the 2000s, former President Hugo Chávez expropriated assets from several foreign oil companies, strengthening state-owned PDVSA’s control over the country's oilfields. Today, foreign firms must obtain U.S. authorizations to negotiate, plan, and operate projects in Venezuela due to Washington's [Read more]
Venezuela risk to US economy is via oil prices, but not seeing it yet, Fed’s Kashkari says
The main risk to the U.S. economy from the Trump administration's capture of Venezuela's leader over the weekend would stem from rising oil prices, Minneapolis Federal Reserve President Neel Kashkari said on Monday, but that does not appear to be underway so far. The risk is "mostly through oil prices," Kashkari said in an interview on CNBC. "When Russia invaded Ukraine, it sent a commodity shockwave all around the world. It didn't happen with Hamas attacking Israel. It has not happened now [Read more]
Who is ‘tsarina’ Delcy Rodriguez, the acting president of Venezuela?
Delcy Rodriguez, declared the interim president of Venezuela after Nicolas Maduro's capture by U.S. forces, is one of the iron fists in Venezuelan politics, a practitioner of economic orthodoxy who has strived to build relationships with the private sector and who is known for her taste for luxury. Over more than a decade in public life, the 56-year-old Rodriguez has amassed significant influence, earning her the nickname "the tsarina," while Maduro has called her a "tigress" for her staunch [Read more]
Chevron resumes exports of Venezuelan oil to US after four-day pause, data shows
An oil tanker chartered by U.S. Chevron carrying some 300,000 barrels of Venezuelan heavy crude bound for the U.S. Gulf Coast departed on Monday from the OPEC country's waters, shipping data showed, after a four-day pause in the company's exports of Venezuelan oil. Chevron is the only company currently authorized by Washington to export Venezuelan crude amid an oil embargo that U.S. President Donald Trump said on Saturday remained in full force after the arrest of Venezuelan President Nicolas [Read more]
UN chief Guterres raises concerns about instability in Venezuela, legality of US operation
United Nations Secretary-General Antonio Guterres raised concerns on Monday about a possible intensification of instability in Venezuela after the U.S. capture of the Latin American country's president Nicolas Maduro. The 15-member Security Council met at U.N. headquarters in New York just hours before Maduro was due to appear in a Manhattan federal court on drug charges including narco-terrorism conspiracy. Maduro has denied any criminal involvement. "I am deeply concerned about the [Read more]
Canadian oil stocks down after U.S. forces capture Maduro
CALGARY - Shares of Canada's big oil companies fell in early trading after the U.S. military captured Venezuelan President Nicolás Maduro on the weekend. Canadian Natural Resources Ltd. fell $3.79 or about eight per cent to $43.33, while shares in Cenovus Energy Inc. lost $2.08 or about 8.7 per cent at $21.97 on the Toronto Stock Exchange. Shares of Suncor Energy Inc. were down $3.53 at $59.08. Venezuela has large oil reserves but its industry is in disrepair after years of neglect and [Read more]
And we thought 2025 was chaotic…2026 looks set to blow that away
We’re a few days into the new year, and a striking phenomenon so far is that we’ve heard hardly a mention of either AI or silver, both of which dominated hive mind chatter in the last few weeks of 2025. Knocking those two off the top pedestals is a new (for the time being) champ from South America. Everything changed this past weekend when the US surgically removed Nicolas Maduro as leader of Venezuela. The hive mind went ape. New experts appeared by the truckload. It was sight to behold; [Read more]
Whitecap Resources Inc. Holding Investor Day
CALGARY, AB, Jan. 5, 2026 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) is holding a virtual Investor Day this morning, January 5, 2026 from 8:00 - 10:00 am MT (10:00 am - 12:00 pm ET). Members of management will present with a Q&A period to follow. Registration can be made using the following link (Investor Day Registration) or via Whitecap's website at wcap.ca by selecting "Investors", then "Presentations & Events". Participants can join by webcast to follow [Read more]
Spartan Delta Corp. announces 2026 guidance and operations update
CALGARY, AB, Jan. 5, 2026 /CNW/ - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to announce its guidance for 2026 and an operations update following the successful completion of its 2025 drilling program. 2026 BUDGET AND GUIDANCE Spartan is pleased to provide its financial and operating guidance for 2026 focused on delivering significant light oil and condensate production growth as it accelerates development in the West Shale Basin Duvernay [Read more]
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