Publicly traded shipowners have said for months that the transport of sanctioned cargoes from Iran and Venezuela has weakened the tanker market and helped drive earnings to the lowest in years. For much of 2021, […]
In June 2021, Guyana was the host for Operation Tradewinds, a multinational military exercise, involving military forces from the U.S., the Bahamas, Brazil, Canada, the Dominican Republic, France, Jamaica, the Netherlands, Trinidad and Tobago, and […]
Venezuela is returning to the geopolitical stage after months out of the limelight. President Nicolas Maduro’s government and his political opponents are preparing to restart negotiations to establish credible conditions for state and local elections […]
Venezuela’s April oil exports were flat at about 700,000 barrels per day (bpd) for the third month in a row, with three-quarters of its shipments headed to Asia and the Middle East, according to tanker […]
New Delhi: Middle East crude oil has been a mainstay of the Indian refining sector for many decades. India imports about 85 per cent of its annual crude oil requirements. The country imported about 4.1 million barrel per day […]
Russian deputy prime minister Yuri Ivanovich Borisov led a delegation to Caracas yesterday in a sign of renewed bilateral ties. Russia is among Venezuela’s leading international patrons and a vocal opponent of the US-led sanctions […]
Venezuela’s oil exports rose in February to over 700,000 barrels per day (bpd), their highest level in 10 months, pushed by more sales of fuel oil cargoes to new clients in Asian markets, according to […]
The Iran-flagged Forest, one of Iranian state-owned NIOC’s vessels that has supplied irregular shipments of gasoline to Venezuela since mid-2020, unloaded 277,000 bl of gasoline at Venezuelan state-owned PdV’s El Palito terminal on 20 February, according […]
Energy News Beat Publishers Note: An excellent article by David Yager for CBC News. Very sharp and to the point. Well done David. The rest of Canada concluded long ago that the living dinosaurs who […]
Venezuela’s navy has taken custody of two Guyanese fishing boats in the latest flare-up of a protracted border dispute that encompasses oil-rich deepwater acreage. The Venezuelan foreign ministry today refuted yesterday’s statement from Guyana alleging […]
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