British energy company BP has secured a license to develop the second phase of Venezuela's offshore Loran gas field, partnering equally with Abu Dhabi's XRG and Qatar's UCC Oil & Gas Holding. This move signals a return of international energy firms to Venezuela after years of isolation, following eased US sanctions after the removal of President Nicolás Maduro. BP also plans to explore the Carúpano East offshore block, expanding its Venezuelan presence. Other major companies like Shell, Chevron, and Reliance Industries are also resuming operations, aiming to revive Venezuela's oil and gas sector after years of decline due to sanctions and political instability.
In 2026, the Schwab U.S. Dividend Equity ETF (SCHD) leads with a 25.6% year-to-date return, driven by its focus on current yield, value sectors, and energy exposure. Meanwhile, the Vanguard Dividend Appreciation ETF (VIG) prioritizes dividend growth ...
In 2024, Schwab U.S. Dividend Equity ETF (SCHD) experienced a major index reshuffle that led to unusually high distributions, nearly tripling the typical quarterly amount. This caused significant tax liabilities for investors holding SCHD in taxable ...
ConocoPhillips has been upgraded to a BUY rating, with expectations for a high-teen compound annual growth rate (CAGR) through 2029. This outlook is supported by a 75% surge in free cash flow in Q2 compared to Q1 and commodity prices aligning with hi...
