Exxon Mobil Archives - The Daily Journal

Pentagon plans to acquire 35% stake in oil company with rights to 17 Venezuelan fields, WSJ reports

September 1, 2026September 1, 2026Tatiana Da GamaLeave a Comment

The Daily Journal. — The U.S. Department of War plans to acquire a 35% non-controlling stake in a private company that holds rights to develop oil fields in Venezuela, a move that would mark an unusual expansion of the U.S. government’s direct involvement in an energy project in the country, The Wall Street Journal reported […]

Reuters: Experts rule out immediate foreign investment in Venezuelan refineries

July 30, 2026July 30, 2026Tatiana Da GamaLeave a Comment

Reuters — Venezuela’s Paraguaná Refining Complex, in the country’s west, once symbolized the nation’s oil wealth and its ambition to transform vast crude reserves into fuels and export revenue. Today, however, the complex in Falcón state, with the capacity to process 955,000 barrels of crude per day (bpd), operates at only a fraction of its […]