Oil
December 29, 2025
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Why Chevron Still Operates in Venezuela Despite US Sanctions

Sanctions and Washington’s Long Campaign For years, the United States has steadily tightened sanctions on Venezuela, aiming to cut off the oil revenues that support the government of Nicolás Maduro. These measures have targeted nearly every aspect of the country’s energy sector, from production and exports to shipping and international financing. The strategy is designed […]

Oil
May 12, 2021
70 views 5 mins 0

Saudi Sovereign Fund Accidentally Buys Entire Theme Park Chain While Shopping for Oil Rigs

Roller coasters rebranded as “petro-rides.” Alexandra Chen | Stablecoin & Regulation Analyst A Billion-Dollar Mix-Up In a mishap that has stunned global markets, the Saudi sovereign wealth fund accidentally purchased an international theme park chain while attempting to expand its oil rig portfolio. The $12 billion error occurred after investment managers reportedly misread a ticker […]