Franklin Income Focus ETF(INCM.US)

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Franklin Income Focus ETF
INCM.US
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Trump summons 20 oil industry giants to the White House, plans to invest $100 billion to rebuild Venezuela

U.S. President Trump convened nearly 20 senior executives from oil companies at the White House, planning to invest up to $100 billion to rebuild Venezuela's energy sector. Attendees included representatives from Chevron, Exxon Mobil, and other companies, discussing ways to revive oil production that has been damaged due to neglected facilities and reduced investment. Trump revealed that Venezuela will release 50 million barrels of oil for sale to the U.S., with the proceeds benefiting both the American and Venezuelan people

Stheadline·
US
XOM
+1.38%
US
CVX
+1.80%
Stheadline·
US
XOM
+1.38%
US
CVX
+1.80%

Chevron competes with rivals for Venezuelan oil sales, sources say

Chevron is competing with Vitol and other traders for Venezuelan oil exports, seeking U.S. licenses to expand operations in Venezuela. Following the U.S. capture of Nicolas Maduro, Chevron aims to increase crude exports from joint ventures and trade PDVSA's output. Currently, Chevron's exports are limited to about 100,000 bpd due to restrictions. Vitol has received a preliminary license to negotiate oil imports and exports from Venezuela for 18 months. Negotiations for a $2 billion oil supply deal with the U.S. are ongoing, with talks expected at the White House.

Reuters·
US
CVX
+1.80%
Reuters·
US
CVX
+1.80%

Chevron Controller Alana K. Knowles Reports Disposal of Common Shares

Alana K. Knowles, Controller at Chevron Corporation, has reported the disposal of common shares of the company. The full filing is available through the provided link. This news was generated by Public Technologies and is for informational purposes only, not to be considered as financial, investment, or legal advice. Chevron Corporation is responsible for the original content published via EDGAR on January 07, 2026.

Reuters·
US
CVX
+1.80%
Reuters·
US
CVX
+1.80%

Exxonmobil Says Change In Liquid Prices To Impact Q4 Upstream Earnings By $-1.2 Billion - $-0.8 Billion Versus Q3

Exxon Mobil Corpannounced that changes in liquid prices will negatively impact its Q4 upstream earnings by $1.2 billion to $0.8 billion compared to Q3. Additionally, changes in gas prices are expected to affect Q4 upstream earnings by $0.3 billion to $0.1 billion, while industry margins will influence Q4 energy products earnings by $0.3 billion to $0.7 billion, and chemical products earnings by $0.4 billion to $0.2 billion. Specialty products earnings are projected to remain unchanged at $0.0 billion to $0.2 billion versus Q3.

Reuters·
US
XOM
+1.38%
Reuters·
US
XOM
+1.38%

Venezuela's PDVSA says oil supply negotiations with US progressing

Venezuela's state-run oil company PDVSA announced progress in negotiations with the U.S. for oil sales, emphasizing that the U.S. must purchase cargoes at international prices. This follows a deal allowing access to $2 billion worth of Venezuelan crude, amid U.S. demands for greater access to the oil industry. PDVSA stated that discussions are based on legal and transparent commercial terms, with Chevron being the only company currently exporting Venezuelan oil under a special U.S. license despite ongoing sanctions.

Reuters·
US
CVX
+1.80%
Reuters·
US
CVX
+1.80%
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