MenuFollowing last month’s dramatic capture of former Venezuelan President Nicolás Maduro, the Trump Administration is now shifting into high gear to expand the footprint of Western companies in Venezuela’s oil sector. Through the Office of Foreign Assets Control (OFAC), a series of new Venezuela General Licenses (GLs) have been published, including GL 50, which authorizes companies,
Tag Archives: Venezuela
Top 6 American Energy Trends To Watch In 2026
The rise of AI, the shift from renewables to fossil fuels and nuclear, and other changes in Trump Administration policies indicate that 2026 will continue to reshape U.S. energy. The growing focus on energy as a national security instrument is driving a chain reaction, shifting priorities across sectors, easing restrictions, and prioritizing the expansion of conventional energy
Trump Confronts Venezuelan Oil Crisis As Iran Teeters
With acting President of Venezuela Delcy Rodrigues coming to Washington on Tuesday, January 13th, all eyes are on whether the Chavista regime can negotiate its way out of the crisis caused by the rendition of its leader, Nicolás Maduro, by the U.S. military on January 3rd. Read the full article here
The Venezuela Oil Tariff Tests Trump Policies
Today, disparate Trump policies —more muscular American diplomacy, less soft power, higher tariffs, and the quest for cheap energy — are being tested together in Venezuela. The pro-Russia, pro-China, and pro-Iran far left Maduro regime in Caracas has long been a thorn in the side of the United States in the often-neglected Latin American theater.