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HomeVenezuela

Venezuela

Election
Crude Oil News

How Venezuela’s Election Unrest Will Impact Global Oil Markets

August 6, 2024 Mariel Alumit

Venezuelan President Nicolás Maduro has been declared the winner of a controversial presidential election, sparking widespread protests and international condemnation. Despite the re-election of Maduro, the United States has maintained sanctions on Venezuela’s state-owned oil […]

Venezuelans
Geopolitical

Venezuelans protest as observers say presidential vote undemocratic

July 31, 2024 Mariel Alumit

  Protesters took to the streets across Venezuela on Tuesday (30 July), demanding that President Nicolás Maduro acknowledge he lost Sunday’s election to the opposition, as a major international observer concluded the vote was undemocratic. […]

Maduro
Geopolitical

Maduro, Opposition Both Declare Victory in Venezuela’s Disputed Election

July 30, 2024 Mariel Alumit

The opposition accused Maduro’s regime of withholding paper results that show its candidate, Edmundo González, in the lead. ‘The World’s Watching’ Venezuela’s government-controlled National Electoral Council declared on Monday that incumbent President Nicolás Maduro won […]

Citgo
Bankruptcy

Court Hearing on Citgo Auction Could Be Delayed Until September

July 1, 2024 Mariel Alumit

The court officer who oversees the auction of Venezuela’s PDV Holding, the parent company of refiner Citgo Petroleum, has asked a Delaware court to postpone the hearing on the winning bids by two months until […]

Venezuela
Crude Oil News

The Real Cost of Reimposing Sanctions on Venezuela

May 3, 2024 Mariel Alumit

Sectoral sanctions are hurting the country’s democratic transition—and pushing Caracas closer to U.S. adversaries. Last month, the Biden administration announced that sanctions relief on Venezuela would not be renewed. Reinstating the sanctions that were temporarily […]

Crude Oil News

Kimmerdige vs. SBOW Round 4!!!!

April 30, 2024 Andy Del Prado

Daily Standup Top Stories Tesla Partners with Baidu for Full Self-Driving Rollout in China April 29, 2024 Mariel Alumit Tesla’s FSD system has been approved for use in China, the world’s largest car market. Tesla has […]

Growing Shadow Fleet
Crude Oil News

Growing Shadow Fleet Makes Oil Price Cap Impossible to Police

April 29, 2024 Mariel Alumit

UK-based International Group of P&I Clubs, a global insurance company, says a growing shadow fleet is making it less and less viable to police the G7 price cap on Russian oil, Bloomberg News reports, citing […]

PDVSA
Crude Oil News

Ten Charged in US Accused of Aiding Venezuela’s PDVSA

April 23, 2024 Mariel Alumit

United States authorities have indicted 10 people for breaching sanctions against Petróleos de Venezuela SA (PDVSA), one of them a Venezuelan military official, the Department of Justice (DOJ) said Monday. They conspired to export millions […]

Venezuela
Bitcoin

Venezuela Looks to Crypto for Oil Sales As Sanctions Return

April 22, 2024 Mariel Alumit

With Venezuelan oil sanctions set to be reimposed and state-run PDVSA oil company buyers and suppliers under orders to close out transactions in line with sanctions by the end of May, the country is now […]

Oil And Gas Production In Venezuela
Crude Oil News

US Not To Renew License For Oil And Gas Production In Venezuela

April 18, 2024 Mariel Alumit

The United States decided not to renew license giving temporary permit to U.S. companies for oil and gas production in Venezuela after reviewing the current situation in that Latin American country. According to the U.S. […]

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