Oil
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Valmore Rodríguez, the oil producing municipality in Zulia marginalized by Pdvsa and forgotten by Venezuelan Chavismo
Publicado el octubre 31, 2023 6:49 pmThe inhabitants of the “Valmore Rodríguez” Municipality, located on the Eastern Coast of Lake Maracaibo in western Venezuela, believe that this jurisdiction seems […]
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Diluent shortage curbs Venezuela’s September oil exports, data shows
Publicado el octubre 06, 2021 7:36 amVenezuela’s oil exports last month sank to the lowest in almost a year, disrupted by a lack of diluents that led to sizable production […]
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OPEC boosts oil production by 420,000 bpd to highest since April 2020
Publicado el octubre 03, 2021 11:03 amOPEC raised its crude oil production by 420,000 barrels per day (bpd) in September to the highest level since April last year, as the […]
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Iranian condensate cargo begins discharging in Venezuela -sources
Publicado el septiembre 29, 2021 7:42 amA 2.1-million barrel cargo of condensate supplied by Iranian National Oil Company (NIOC) to Venezuela’s PDVSA, the first of a swap deal between the state-run […]
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Will south America’s latest oil boom spark a military clash?
Publicado el septiembre 23, 2021 7:21 amSince the controversial 1899 decision which set the border between Venezuela and Guyana, Caracas has repeatedly contested the ruling, claiming the 61,000 square miles west of […]
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China expands pollution footprint
Publicado el septiembre 22, 2021 7:31 amInstead of honoring the “green promise” it made at the United Nations on September 22, 2020, to become a zero-emission economy, China has been […]
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Saudi retains top spot in oil supplies to China with volumes up 53% y/y
Publicado el septiembre 20, 2021 7:24 amSaudi Arabia, the world’s biggest oil exporter, kept its ranking as China’s top crude supplier for a ninth straight month in August as major […]
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The next South American oil giant
Publicado el septiembre 17, 2021 7:17 amThe COVID pandemic has wreaked considerable damage on the economies of South America’s smaller fiscally fragile countries, with the former Dutch colony of Suriname […]
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Japan’s Inpex sells Venezuela oil and gas assets to local group -sources
Publicado el septiembre 01, 2021 7:45 amJapanese oil company Inpex Corp (1605.T) sold two Venezuelan oil and gas assets to Caracas-based Sucre Energy Group, three people familiar with the transaction said, as […]
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Exclusive-Venezuela swapped PDVSA oil for food, then punished the dealmakers
Publicado el agosto 28, 2021 7:50 amWith U.S. sanctions spooking key oil buyers and depriving its government of cash, Venezuela last year inked a deal with a little-known local company […]
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Oil glut in Asia worsens
Publicado el agosto 25, 2021 12:11 pmThe amount of oil held in floating storage at Asian ports is growing, with Iranian and Venezuelan crude cargoes earlier this month pushing Asian […]
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Exclusive: Venezuela swapped PDVSA oil for food, then punished the dealmakers
Publicado el agosto 24, 2021 8:08 amWith U.S. sanctions spooking key oil buyers and depriving its government of cash, Venezuela last year inked a deal with a little-known local company […]
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Turning to foreign leaders to fix our energy crisis is a shameful solution
Publicado el agosto 18, 2021 7:37 amWhat’s the solution to reducing our carbon emissions while keeping gas and electricity affordable for Americans? According to President Joe Biden, it’s turning to countries […]
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Big oil continues to ramp up investments in South America
Publicado el agosto 12, 2021 8:17 amThe threat of peak oil demand arriving sooner than predicted and the aggressive push to decarbonize the world economy in a post-Paris Agreement world […]
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Venezuela’s oil exports up in July, fueled by ship-to-ship transfers -data
Publicado el agosto 04, 2021 7:45 amVenezuela’s oil exports increased for the second consecutive month to 713,097 barrels per day (bpd) in July, as state-run PDVSA offset loading delays at […]
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CCPC found moving Iran, Venezuela Oil to Chinese refineries
Publicado el agosto 03, 2021 8:24 amA Chinese logistics firm has emerged as a central player in the supply of sanctioned oil from Iran and Venezuela, even after it was […]
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Ambassador Vecchio: Dictator Maduro continues to send Cuba oil so it can continue to repress
Publicado el julio 31, 2021 9:49 amThis Tuesday the Venezuelan Ambassador to the United States, Carlos Vecchio, denounced that Nicolás Maduro’s dictatorship of continues to send millions of dollars in […]
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Venezuela snubs U.S. sanctions with first oil import this year
Publicado el julio 23, 2021 8:19 amVenezuela’s state-owned oil company imported a key component needed to achieve its goal of almost tripling crude production, defying U.S. efforts to isolate the Maduro regime’s […]
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Venezuela imports condensate to boost oil blending -documents
Publicado el julio 22, 2021 11:34 amVenezuela’s state-run PDVSA began discharging 620,000 barrels of imported condensate crude oil at the nation’s largest oil port this week in an effort to […]
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In desperate move, Venezuela tries to make fuel in oil upgraders
Publicado el mayo 27, 2021 1:35 pmIn the latest desperate attempt to deal with fuel shortages that have crippled Venezuela’s economy, government leaders are trying to repurpose two massive oil […]
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Can Venezuela’s Oil Industry Come Back From The Dead?
Publicado el marzo 22, 2021 11:13 amSmaller players are eager to recommence talks with Venezuela over its crude oil opportunities before the majors start their attack. The eventual easing of […]
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Venezuela Has 300 Billion Barrels of Oil and Is a Poverty Train Wreck
Publicado el marzo 15, 2021 1:16 pmVenezuela is known to be the home to the world’s largest oil reserves with three hundred four billion barrels, which represent a sizeable 17.5 […]
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Venezuela oil production on tentative upswing
Publicado el marzo 05, 2021 9:06 amVenezuela’s crude production has recovered to around 500,000 b/d, mainly from the Orinoco heavy oil belt. By Argus The volume compares to 360,000-390,000 b/d […]
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Oil companies, aid groups plan to press Biden to allow Venezuela fuel swaps
Publicado el enero 19, 2021 2:04 pmRepresentatives of fuel suppliers to Venezuela, importers of Venezuelan oil and advocacy groups said this month they plan to press the incoming administration of […]
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Venezuela’s oil industry expected to deteriorate further
Publicado el enero 08, 2021 9:11 amVenezuela’s oil industry will likely continue to deteriorate in 2021, with the country’s roughly 300 billion barrels of crude in reserves left largely untapped […]
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Venezuela resumes direct oil shipments to China despite U.S. sanctions
Publicado el diciembre 23, 2020 10:57 amVenezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a year, according to Refinitiv […]
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Phantom Buyers in Russia, Advice from Iran Help Venezuela Skirt Sanctions
Publicado el noviembre 13, 2020 9:45 amOn Aug. 21, a tanker called the Otoman docked at the Jose oil terminal on Venezuela’s coast in the Caribbean to load 1.82 million […]
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Special Report: Phantom oil buyers in Russia, advice from Iran help Venezuela skirt sanctions
Publicado el noviembre 11, 2020 8:33 amOn Aug. 21, a tanker called the Otoman docked at the Jose oil terminal on Venezuela’s coast in the Caribbean to load 1.82 million […]
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Idled Venezuelan floating oil facility under repairs amid environmental concerns – source
Publicado el octubre 19, 2020 9:23 amAn idled floating oil facility off Venezuela’s eastern coast is undergoing repairs, according to a person familiar with the matter, as images showing the […]
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US-Venezuela dispute delays oil storage transfer
Publicado el octubre 19, 2020 8:15 amItalian Eni’s plan to drain a Venezuelan floating oil storage vessel considered a potential environmental risk has been delayed for weeks because of concerns […]
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