petroleum Archives - newsoneusa.com

September 2, 2026
Meheow
Business, World News News one USA

Chevron Announces Significant Expansion of Venezuelan Oil Operations

Chevron is set to invest over $7 billion to double its oil production in Venezuela, targeting 600,000 barrels per day through expanded joint ventures.

August 29, 2026
Meheow
Business, World News

US Secures Control Over Strategic Venezuelan Oil Assets in Landmark Agreement

The United States has reached a controversial deal to gain majority control over 65 billion barrels of Venezuelan oil reserves, citing a need to bolster domestic supplies and lower...

August 24, 2026
Meheow
Business, World News

Global Economic Impact: How Escalating Fuel Prices Are Reshaping Consumer Spending

Six months into the Iran conflict, global fuel prices have surged in 145 countries, leading to reduced consumer mobility and inflating costs for essential goods.

August 23, 2026
Meheow
Business, Energy News

Nigeria Targets Global Gas Market Expansion Amid Middle East Instability

Nigeria is leveraging global energy market shifts caused by regional conflict to accelerate gas production and expand its role as a key international supplier.

August 19, 2026
Meheow
Business, World News

US Energy Sector Integrates Venezuelan Crude Amid Shift in Production Dynamics

A significant portion of Venezuela’s oil production is now flowing to US refineries, marking a shift in energy trade following recent political changes in Caracas.