Your gateway to a free society
Article
Exxon Eyes Venezuela Return Nearly Two Decades After Nationalization Exit
Exxon Eyes Venezuela Return Nearly Two Decades After Nationalization Exit
ExxonMobil is negotiating a return to Venezuela's Orinoco Belt, eyeing the Petromonagas heavy-oil project and neighboring Carabobo assets, Reuters reported Wednesday, citing people familiar with the matter. No deal has been finalized, and Exxon and state oil company PDVSA did not immediately respond to Reuters.
Petromonagas also has a Russian state-owned shareholder - though it remains unclear how that existing interest would affect any transaction.
The talks follow months of caution from Exxon's leadership. In January, CEO Darren Woods called Venezuela "uninvestable"...
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
Apr 8, 2026 / Tyler Durden
The Apple AI Strategy: Discipline Over Hype
The Apple AI Strategy: Discipline Over Hype
Authored by Michael Lebowtiz via RealInvestmentAdvice.com,
While tech giants invest billions in AI, Apple executives are quietly sitting on their hands and a mountain of cash. Given the massive growth in AI investments, as shown in the graphs below, executives of leading companies at the forefront of AI development must be ecstatic about the prospect of AI significantly boosting their bottom lines.
The puzzling question, however, is why Apple isn’t following suit. Or could they be taking a different approach to winning the AI arms...
Read more
Jul 5, 2026 / Tyler Durden
Vertically Integrated Nations, Production For Security, And Rate Cuts
Vertically Integrated Nations, Production For Security, And Rate Cuts
Submitted by Peter Tchir of Academy Securities
Let’s start with the important stuff: Hope you are having a great 4th of July 250th Anniversary Weekend.
Yields gained back some ground after the relatively weak jobs report (headline plus revisions was negative, the private sector underwhelmed, and unemployment only dropped because the labor force participation rate dropped by a relatively large 0.3%).
I will continue to pound the table (or rant and rave as the case may be) that this Fed Will Cut Rates...
Read more
Mar 23, 2026 / Kyle Anzalone
US Largest Aircraft Carrier Returns to Port for Repairs
America’s largest aircraft carrier, the USS Gerald R Ford, has left the Middle East and is at a Greek port. The Department of War says the ship sustained damage from a laundry fire. President Donald Trump ordered the Ford aircraft carrier strike group to relocate from Latin America, where it was involved in operations against […]
Read more
support
If you like what we do and want to support us, then you are a fine humanitarian. Click the link below to find out more.
Support the liberty movement
Want to get in touch?