Former chairwoman of Citgo Petroleum on Venezuelan oil
Luisa Palacios, the former chairwoman of Citgo Petroleum, discussed what guarantees oil companies need before making big investments.
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Jason Bordoff speaks with Eirik Wærness, Senior Vice President and Chief Economist at Statoil, about the short and long term energy outlook. Eirik is a member of the World Economic Forum’s Global Agenda Council on the Future of Oil & Gas, and prior to his time at Statoil, he served as a member of the Executive Board of the Central Bank of Norway, in the Norwegian Ministry of Finance and he worked at Total E&P Norway. Jason and Eirik spoke at an international energy conference in Oslo, Norway. Among many topics they discussed, several include: The role of peak oil demand in energy markets; The growth of international LNG exports; China’s demand for energy; The integration of renewables into the power grid.
Great power competition—particularly between the United States and China—is intensifying. This rivalry is reshaping everything from technology supply chains and energy security to the future of artificial intelligence. ...
Early on January 3, 2026, the United States apprehended Venezuelan President Nicolás Maduro and his wife and removed Maduro from power. Maduro was transported to New York, where he now faces federal charges of narco-terrorism and drug trafficking.
This has been a crucial year for US energy policy. The passage of the One Big Beautiful Bill Act eliminated many of the clean energy incentives that were...
Over the past week, President Trump has intensified pressure on Venezuelan president Nicolás Maduro by targeting the regime’s economic lifeline—oil. The United States has seized two oil tankers...
Models can predict catastrophic or modest damages from climate change, but not which of these futures is coming.
The US intervention in Venezuela may jeopardize both the flow of discounted Venezuelan oil to China's teapot refineries and the role of Chinese oil companies in Venezuela’s upstream business.
In discussing the dramatic seizure of Venezuelan President Nicolás Maduro and his wife, Cilia Flores, over the weekend, President Donald Trump declared that the United States would now “take back” the country’s oil. Yet he has offered little clarity on what exactly this means.
The country could see a relatively rapid recovery of some oil production, depending on the leadership that emerges.