Energy
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US-Venezuela oil deal could help secure American dominance if domestic shale production declines
America’s energy dominance comes from extracting oil from shale deep underground better than anyone, but those wells decline over time. Diverse resources abroad could help the U.S. maintain its position as a world energy leader.
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Under new president, Syrian pipeline may offer alternative route to Strait of Hormuz: report
Under its new president, Ahmed al-Sharaa, Syria is selling itself as a relatively stable alternative, and international government and energy companies are showing interest.
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Chevron says it will expand operations in Venezuela, including a $7 billion investment over 5 years
The announcement comes just days after President Donald Trump announced a deal to develop the nation's oil reserves and give the Pentagon a stake in the profits.