Energy infrastructure rebuilding
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US may subsidize oil companies to rebuild Venezuela's energy infrastructure, Trump says
Reuters· 2026-01-05 23:06
Core Viewpoint - The United States is considering subsidizing oil companies to assist in the reconstruction of Venezuela's energy infrastructure [1] Group 1 - President Donald Trump mentioned the potential for U.S. subsidies during an interview with NBC News [1]
Chevron Initiates Discussions With Syria Over Oil and Gas Exploration
ZACKS· 2025-12-03 18:50
Group 1 - Chevron Corporation (CVX) and the Syrian Petroleum Company are exploring collaboration on offshore oil and gas fields in Syria [1][9] - Qatar's UCC Holding is involved in discussions, having previously led a consortium that signed a $7 billion Memorandum of Understanding for power generation projects in Syria [2] - The Syrian civil war has severely damaged the country's energy infrastructure, with natural gas production dropping from 8.7 billion cubic meters in 2011 to 3 billion cubic meters in 2023 [3][4] Group 2 - Recent improvements in gas supply from Azerbaijan and Qatar are aiding Syria's energy recovery efforts [3] - The discussions with Chevron indicate Syria's commitment to rebuilding its energy sector with international partnerships [4] - The capital city, Damascus, has expressed intentions to increase its limited power supply [3]