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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"...
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Jun 9, 2026 / Tyler Durden
Will Saylor's Latest Bitcoin Buys "Hold The Line"
Will Saylor's Latest Bitcoin Buys "Hold The Line"
Submitted by QTR's Fringe Finance
Over the weekend, I posted a prediction on X after Strategy’s sale of 32 bitcoin helped tanked the market last week. I wrote:
“Prediction: Saylor just bought way more than 32 BTC and will disclose it to ‘prove’ it was just an experiment & everything is really fine. He looks clever for buying 10x what he sold 30% lower for 24-48 hours. Then, the market sticks it up his ass anyway and crashes to $40K.”
Lo and behold, Monday morning, we got the announcement:
Strategy...
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Jul 29, 2026 / Tyler Durden
US State Department Issues Travel Advisory For Caribbean Tourist Destination
US State Department Issues Travel Advisory For Caribbean Tourist Destination
Authored by Naveen Athrappully via The Epoch Times,
The State Department updated its travel advisory for the Bahamas, highlighting the risk of crime, including sexual assaults, in the Caribbean nation.
Violent crimes, such as sexual assaults, armed robberies, and burglaries, can occur anywhere in the country, the department said in a July 28 update.
“Most crime occurs in Nassau and Freeport on New Providence and Grand Bahama islands. Stay alert in the ‘Over the Hill’ area in Nassau, south of Shirley Street, where...
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May 8, 2026 / Larry C. Johnson
The Gulf Separating the US and Iran is Too Wide to Bridge
As I pointed out in my last article, someone in the Trump administration who has been briefed on Trump’s upcoming statements about the war in Iran made a financial killing yesterday. This is part of a continuing pattern of deliberate deception by Trump, i.e., pretending there is great progress with talks with Iran, which in […]
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