BOGOTĂ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 18.Dec.2025, Words: 140) â The Russian oil company Cyprus Limited PCL officially informed its employees that it will cease operations in Venezuela.
In an internal communication signed by legal representative Andrev Shavkun, the company explained it faces a “structural and supervening incapacity” that prevents it from maintaining operational activity in the OPEC country.
