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HomeVenezuela

Venezuela

Aljazeera International

Venezuelan government, opposition to resume political talks

November 24, 2022 Mariel Alumit

NewsPolitics Venezuela’s government and opposition will resume political talks on Saturday, Norway’s foreign ministry has confirmed, as negotiations aimed at finding a way out of the country’s complex crisis were stalled for more than a […]

Chevron
Big Oil Companies

U.S. prepared to authorize Chevron to boost Venezuela’s oil output – Doubling down on stuipd does not help

November 24, 2022 Mariel Alumit

U.S. ready to allow oil giant to produce, sell Venezuelan oil Chevron is owed billions in unpaid debts by state-run PDVSA U.S. aims to shift Venezuelan oil sales from shadow firms Chevron Corp could soon […]

Venezuela
Crude Oil News

Oil Companies Flee Venezuela, Leaving All Behind

October 27, 2022 Mariel Alumit

Venezuela has given the go ahead to all PDVSA partners to leave their JVs. Foreign oil firms may sell their shares to PDVSA, but must forgive any past debts and unpaid dividends. Reuters: In all, […]

Finance

US To Lift Venezuelan Sanctions, In Return For Oil – Another Dumpster Fire from Biden

October 8, 2022 Mariel Alumit

On Wednesday the Wall Street Journal reported that Washington has proposed a partial easing of sanctions on Venezuela, if the South American country would allow US multinational oil giants like Chevron to resume pumping oil […]

Venezuela
Crude Oil News

USA Denies Report of Plans to Change Venezuela Sanctions Policy

October 6, 2022 Mariel Alumit

The Biden administration has no plans to change its sanctions policy toward Venezuela without positive actions from President Nicolas Maduro’s government, the National Security Council said after a report that the US would scale down […]

Venezuela’s
Crude Oil News

Venezuela’s Oil Exports Drop By More than A Third In July

August 3, 2022 Mariel Alumit

Venezuela’s crude oil exports fell in July, Refinitiv Eikon data showed on Tuesday, as oil markets are on the prowl for additional oil supplies to ease the tight market. Venezuela’s crude oil industry has been […]

Iran’s Oil
Crude Oil News

Iran’s Oil Earnings Soar Despite Sanctions

July 28, 2022 Mariel Alumit

With high oil prices and an incredibly tight physical oil market, Iran’s oil industry is bouncing back and providing the government with significant income. China, Russia, Turkey, Venezuela, and Afghanistan are all eager to increase […]

Venezuela’s
Crude Oil News

Oil production increase leads Venezuela’s economy to see most growth in 15 years

July 1, 2022 Mariel Alumit

(Bloomberg) — Venezuela’s economy is forecast to expand at its fastest pace in 15 years, marking a rebound for a country that recently emerged from the deepest recession in Latin America. Gross domestic product is […]

India Buys Russian Oil, Derailing Biden’s Sanctions War
Commodities

India Buys Russian Oil, Derailing Biden’s Sanctions War

March 21, 2022 Stu Turley

ENB Publishers Note: Sanctions do not weigh heavy on Putin’s mind. Simply put, sanctions don’t work. With China and India buying oil at $85 per barrel, this will provide the cash flow he needs to […]

International News

U.S. Wants Venezuelan Oil In Exchange For Sanction Relief

March 9, 2022 Andy Del Prado

The United States wants Venezuela to commit at least part of its oil exports to U.S. refineries as a condition for Washington to consider providing sanction relief to the South American nation, Reuters has reported, citing […]

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