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HomeVenezuela

Venezuela

Venezuela and Guyana
Geopolitical

Leaders of Venezuela and Guyana to meet amid border dispute

December 10, 2023 Stu Turley

Venezuela’s President Nicolas Maduro will meet Guyana President Mohamed Irfaan Ali amid a territorial dispute between the two countries, according to a letter from Saint Vincent andCopy to a new draft the Grenadines Prime Minister Ralph […]

Crude Oil News

Repsol, Eni discussing new Venezuelan oil terms amidst Guyana dispute

December 8, 2023 Stu Turley

World Oil (Bloomberg) – Venezuela is in advanced talks on new deals with European energy majors Repsol SA and Eni SpA as the Andean nation seeks to reassert itself as a global oil producer after […]

Venezuela
Crude Oil News

Venezuela adds disputed oil-rich region to its map

December 6, 2023 Stu Turley

Energy companies should start exploration in “our Guyana Esequiba,” President Nicolas Maduro has said Venezuelan President Nicolas Maduro has displayed an updated map showing a resource-rich territory disputed with neighboring Guyana as a part of […]

Venezuelans
Geopolitical

Venezuelans vote to back potential annexation

December 4, 2023 Stu Turley

The consultative referendum was held amid a century-old dispute for land and newly discovered offshore hydrocarbons Voters in Venezuela have overwhelmingly backed their government’s position on a territorial dispute with neighboring Guyana, the country’s National […]

Venezuela holds referendum
Crude Oil News

Venezuela holds referendum on oil-rich Guyana region: Four things to know

December 3, 2023 Stu Turley

Venezuela is set to hold a referendum on Sunday on whether to establish a new state in a disputed, oil-rich territory long ruled by Guyana. The vote comes after the International Court of Justice (ICJ) […]

Big Oil Companies

Daily Energy Standup Episode #260 – Copper Supply Concerns, LNG Cruise Ships, and Geopolitical Shifts in the Oil Trade

November 30, 2023 Andy Del Prado

Daily Standup Top Stories Dwindling copper supply from Panama and Peru could wipe out global surplus in 2024 November 29, 2023 Mariel Alumit Reduced supply from major copper producers Panama and Peru may flip the global […]

Guyana
Big Oil Companies

Venezuela prepares for vote on border dispute with Guyana over oil-rich territory

November 29, 2023 Stu Turley

‘We support a diplomatic solution’: Guyana defense spokesperson  356,513 soldiers, 120,000 officers to be deployed during voting The Venezuelan government is fine-tuning the details, including the deployment of military personnel, to carry out a Dec. […]

Oil executives flock to Venezuela
Big Oil Companies

Oil executives flock to Venezuela despite sanctions relief uncertainty

November 29, 2023 Stu Turley

World Oil (Bloomberg) – Oil executives are flocking to Venezuela to take advantage of lighter U.S. sanctions, even though there’s a risk that access to the world’s largest oil reserves might snap shut as quickly […]

Chevron
Crude Oil News

Chevron expands Venezuela oil swap deal as sanctions ease

November 18, 2023 Mariel Alumit

Oil Price Following the U.S. sanctions relief on Venezuela’s oil industry, supermajor Chevron has started to supply Venezuelan state oil firm PDVSA with fuels in an expansion of an oil swap deal, Reuters reports, citing sources […]

Venezuela
Crude Oil News

Venezuela in talks with oilfield services firms to revive oil production

November 7, 2023 Mariel Alumit

Oil Price After the sanctions relief from the U.S. last month, Venezuela is in contact with domestic and international oilfield services providers to help it ramp up crude oil production, Reuters reported on Monday, citing sources close […]

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