(Reuters, 6.Oct.2021) — Rebeca Reyes furiously scrubbed black tar from her kids’ arms after they swam in waters tainted by crude oil during a recent […]
Category: Venezuela
Venezuela energy
Venezuela Close To Losing More Overseas Assets
(Argus, 30.Sep.2021) — A Dutch court has dealt the latest blow to Venezuela’s shrinking overseas portfolio that neither the Venezuelan government nor its political foes […]
NRGBriefs: YPF’s 3Q:21 webcast, PGF’s global notes
(Energy Analytics Institute, 30.Sep.2021) — Energy briefs including Argentina’s YPF announcing details of its 3Q:21 webcast, Petrobras Global Finance B.V. (PGF) on settlement of early […]
NRGBriefs: ANH’s Bid Round, Venezuela’s Declining GDP
(Energy Analytics Institute, 28.Sep.2021) — Energy briefs including Colombia’s ANH pushing back bid round deadlines, Colombia’s plans to reveal its hydrogen roadmap, and Trinidad and […]
NRGBriefs: ANP Resolution, Ramirez Extradition Request
(Energy Analytics Institute, 23.Sep.2021) — Energy briefs from the LAC region including: Brazil’s ANP approving a resolution to regulate a reduction in royalties, a court […]
ConocoPhillips Steps Up Push To Collect PdV Debt
(Argus, 23.Sep.2021) — ConocoPhillips stands out in Venezuela’s vast universe of jilted creditors and claimants as a potential future commercial partner for state-owned PdV, a […]
Rome Court Rejects Extradition Bid For Ex-Oil Czar
(AP, 20.Sep.2021) — A Rome court has rejected a request by Venezuela to extradite its former oil czar to face corruption charges, citing the country’s […]
Caricom On The Impact Of Venezuelan Political Parties Agreement On Guyana
(Caricom.org, 14.Sep.2021) — The Caribbean Community (CARICOM) has taken note of the round of negotiations in Mexico and mediated by Norway between representatives of the […]
Private Equity Group Expects Venezuela Bet To Pay Off
(Reuters, 10.Sep.2021) — A private equity group expects a contrarian bet it made this year on Venezuela’s oil and gas sector to pay off soon, […]
Venezuela Restarts Problematic Refinery To Meet Gasoline Goals
(Bloomberg, 9.Sep.2021) — Venezuela is pushing to restart a key gasoline refinery despite questions over ongoing maintenance problems as it attempts to double fuel production […]
Sucre Energy Bets On Venezuelan Gas
(Argus, 8.Sep.2021) — Venezuela’s abundant hydrocarbons are beckoning a new generation of investors, stepping in where more established companies are pulling out. Sucre Energy, a […]
LatAm Briefs: Payara Progressing, Inpex Divestment In Venezuela
(Energy Analytics Institute, 2.Sep.2021) — Energy briefs from the Latin America and Caribbean region including: ExxonMobil progressing its Payara project in Guyana for start-up in […]
CNPC prepares to revive Venezuela operations
(Bloomberg, 1.Sep.2021, Words: 597) — China’s top oil producer is laying the groundwork to revive output in Venezuela as President Nicolas Maduro finalizes legislation to […]
Venezuela Still Attractive: Amos Global Energy’s Ali Moshiri Says
(Energy Analytics Institute, 1.Sep.2021) — Venezuela, home to the world’s largest oil reserves, still has an opportunity to capitalize on producing oil amid the energy […]
Venezuela Sees Refinery Debt Swap As Model For Future Deals
(Reuters, 25.Aug.2021) — Venezuela’s socialist government sees the swap it made last week of shares in a Dominican oil refinery for defaulted bonds as a […]
Crude From Venezuela, Iran Stacks Up Off Singapore
(Bloomberg, 24.Aug.2021) — Oil stored in ships has been stacking up off key Asian ports as a crackdown in China on private crude oil processors […]
Venezuela Swapped Oil For Food, Then Punished Dealmakers
(Reuters, 24.Aug.2021) — With U.S. sanctions spooking key oil buyers and depriving its government of cash, Venezuela last year inked a deal with a little-known […]
Citgo Envisions Oil ‘Bridge’ To Venezuela
(Argus, 23.Aug.2021) — US refiner Citgo has been effectively cut off from its Venezuelan state-owned parent PdV since 2019, but it is still constrained by […]
PDVSA Cedes Stake In Refidomsa Refinery
(Reuters, 19.Aug.2021) — Venezuelan state oil company PDVSA has given up its 49% stake in a Dominican refinery as part of a swap for some […]
LatAm Briefs: YPF Debt, Petrobras Taxes
(Energy Analytics Institute, 13.Aug.2021) — Energy briefs from the Latin America and Caribbean region including: YPF reducing its total debt, Petrobras’ tax collections to the […]
Venezuela Negotiations By Eric Farnsworth
(AS/COA, 12.Aug.2021) — A new round of negotiations is set to start on Friday, August 13, in Mexico between representatives of the de facto regime of Nicolás Maduro and the interim administration […]
Venezuela’s Opposition Targets ‘Narrow’ Chance To Tame Maduro
(By Ft, Michael Stott, 10.Aug.2021) — Once Venezuela’s most famous political prisoner, he is best known for escaping from house arrest and appearing outside a […]
LatAmBriefs: TGI Eyes Buenaventura LNG Import Project
(Energy Analytics Institute, 9.Aug.2021) — Energy briefs from the Latin America and Caribbean region including: Argentina fining Edesur and Edenor; Transportadora de Gas Internacional (TGI) […]
María Corina Machado Talks About Democratic Regression
(Fundación Libertad y Desarrollo, 9.Aug.2021) — The president of Fundación Libertad y Desarrollo, Dionisio Gutiérrez, spoke with the leader of the Venezuelan opposition and National […]
Alarm Over Spill Into The Gulf Of Paria
(Trinidad Express, 9.Aug.2021) — The Environmental Management Authority and Paria Fuel Trading Company Ltd yesterday confirmed an oil spill in the Gulf of Paria. Fishermen […]
When Exception Becomes the Norm – Crisis as an Ordinary Experience in Venezuela
(Noria Research, 31.Jul.2021) — For several years now, Venezuela has been plagued by an unprecedented combination of political, institutional, economic, social, health, and security crises. […]
France’s TotalEnergies exits Petrocedeño JV in Venezuela, concedes $1.38bn capital loss
CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 29.Jul.2021, Words: 161) — TotalEnergies, through its affiliate Total Venezuela, has decided to transfer its non-operated minority participation […]
Equinor Sales Faja Stake To CVP
(Equinor, 29.Jul.2021) — Equinor and state-owned Petróleos de Venezuela (PDVSA) have completed a transaction whereby Equinor will transfer its 9.67% non-operated interest in the Petrocedeño […]
LatAm Briefs: Train 1 Mothballing, CVP Appointments
(Energy Analytics Institute, 28.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: rising Brazilian imports of US LNG, Ecopetrol’s electric vehicles fleet, […]
Sanctioned Citgo At Disadvantage To Rivals
(Reuters, 23.Jul.2021) — Sanctions barring U.S. imports of Venezuelan crude put refiner Citgo Petroleum Corp at a disadvantage to better-financed rivals, the board chair named […]
Venezuelans Enduring Day-Long Waits to Fill Gasoline Tanks
(Bloomberg, 23.Jul.2021) — Venezuela’s capital city is once again rationing gasoline after output at state-owned refineries slumped, forcing motorists to endure day-long queues to top […]
Venezuela Snubs Sanctions With Oil Import
(Bloomberg, 22.Jul.2021) — Venezuela’s state-owned oil company imported a key component needed to achieve its goal of almost tripling crude production, defying U.S. efforts to isolate the […]
China’s CCPC Takes Center Stage In Iran
(Reuters, 22.Jul.2021) — A Chinese logistics firm has emerged as a central player in the supply of sanctioned oil from Iran and Venezuela, even after […]
US Extends Protection For Citgo
(Reuters, 20.Jul.2021) — The United States on Tuesday extended a measure protecting Venezuelan-owned U.S. refiner Citgo Petroleum Corp PDVSAC.UL from bondholders seeking a stake in […]
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US Extends Citgo Protection [PDF Download]
(Department of the Treasury, 20.Jul.2021) — The Office of Foreign Assets Control (OFAC) issued the following update to General License No. 5G related to PDVSA […]
Cyprus Emerges As sanctions Workaround For Venezuela
(Lloyd’s List, 14.Jul.2021) — Until last year, Greek shipowners accounted for 80% of crude lifted from Venezuela, undeterred by US sanctions. Then, six vessel-owning companies […]
Italian Court Accepts Extradition Request For Former Minister Ramirez
(Reuters, 14.Jul.2021) — An Italian court on Wednesday approved an extradition request for Venezuela’s former Oil Minister Rafael Ramirez, who is charged with corruption, Venezuelan […]
Washington Allows LPG Exports To Venezuela
(S&P Global Platts, 12.Jul.2021) — The US Department of Treasury granted a sanctions waiver July 12 allowing US companies to export or re-export LPG supplies […]
US OKs LPG Exports To Venezuela
(Energy Analytics Institute, 12.Jul.2021) — The US Office of Foreign Assets Control (OFAC) issued general license no. 40 which allows “all transactions and activities related […]
Ecopetrol Reports Uptick In Oil Output
(Ecopetrol, 12.Jul.2021) — Ecopetrol S.A. (BVC: Ecopetrol; NYSE EC) informs about the recovery of its operations in the upstream, midstream, downstream and sales and marketing […]
Venezuela Resorts To Upgraded Oil For Refineries
(Reuters, 8.Jul.2021) — Venezuela’s state-run oil company PDVSA has started producing two upgraded crude grades for domestic refining, aiming at reanimating the country’s much-needed output […]
LatAm Briefs: Rio Negro Drilling, Ecuador Production
(Energy Analytics Institute, 5.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: plans to reactivate 77 wells in Argentina’s Río Negro region, […]
Brazil’s Lower-Sulphur Fuel Booms In Asia
(Reuters, 1.Jul.2021) — Brazil is growing its marine fuel oil exports to Asia’s lucrative premium hubs, where rules mandating lower sulphur content have been squeezing […]
Venezuelan Oil Sector Still Confronts Headwinds
(Energy Analytics Institute, 29.Jun.2021) — Venezuela continues to confront headwinds from legal uncertainties to transparency issues to a new tariff on its bitumen exports to […]
Venezuela’s Oil Sector Needs Private Investors
(Energy Analytics Institute, 29.Jun.2021) — The private sector must be reintegrated to increase production in Venezuela as it’s the only viable way the country could […]
LatAm Briefs: Chile’s Green Plans, Venezuelan Oil Output
(Energy Analytics Institute, 29.Jun.2021) — Energy briefs from the Latin America and Caribbean region including: Chile and Germany inking a green hydrogen deal, EP PetroEcuador […]
PDVSA Restarts Drilling Campaign Suspended Since 2019
(S&P Global, 29.Jun.2021) — In the second half of the year, Venezuela’s state-owned PDVSA will restart the drilling of oil wells while intensifying work to […]
US-EU-Canada Issue Joint Statement On Venezuela
(US State Department, 25.Jun.2021) — The following statement was released by Secretary of State Antony J. Blinken, the EU High Representative for Foreign Affairs and […]
Looming Venezuela Talks Whet Investor Appetite
(Argus, 24.Jun.2021) — Venezuela is returning to the geopolitical stage after months out of the limelight. President Nicolas Maduro’s government and his political opponents are […]
Uncertainties In Venezuela Around Arrival Of More Iranian Gasoline
(Energy Analytics Institute, 22.Jun.2021) — Venezuelan economist José Toro Hardy said it was unclear when additional Iranian tankers carrying gasoline would reach the South American […]