Venezuela’s Oil Exports Stabilize

(Reuters, 1.May.2021) — Venezuela’s April oil exports were flat at about 700,000 barrels per day (bpd) for the third month in a row, with three-quarters […]

Fitch Revises Citgo’s Outlook To Stable

(Fitch Ratings, 8.Apr.2021) — Fitch Ratings affirmed the Long-Term Issuer Default Rating (IDR) of CITGO Petroleum (Opco) at ‘B’ and CITGO Holding (Holdco) at ‘CCC+’, […]

Venezuelan Oil Flow Recedes

(Argus, 8.Apr.2021) — Venezuelan crude production fell back in early April after state-owned PdV diverted limited diluent and light crude from Orinoco heavy oil operations […]

Nabarima FSO Completes Oil Offloading

(Reuters, 8.Apr.2021) — A floating facility off the Venezuelan coast has finished offloading crude stored in it for the past two years due to U.S. […]

Maduro’s Eyes Buying Vaccines With Oil

(Reuters, 28.Mar.2021) — Venezuelan President Nicolas Maduro on Sunday proposed paying for vaccines against the novel coronavirus with oil, though he provided few details about […]

Venezuela: “A Vision In Three Times”

(Energy Analytics Institute, 25.Mar.2021) — The webinar “Venezuela: a Vision in Three Times” on 25 March 2021 saw three speakers discuss the OPEC country’s oil […]

Petrobras On BODs Nominees

(Petrobras, 18.Mar.2021) — Petrobras, pursuant to CIRCULAR LETTER/CVM/SEP/No.01/2021, reports that it has received the nomination of candidate Pedro Rodrigues Galvão de Medeiros for the Board […]

LatAmNRG Briefs: YPF Fuels, Colombian Fracking

(Energy Analytics Institute, 15.Mar.2021) — Energy briefs from the Latin America and Caribbean regions Argentina, Colombia and Venezuela including: Tenaris snatches up Baker Hughes Argentina, […]

PdV Refinery Suspends Petrol Production

(Argus, 12.Mar.2021) — Venezuelan state-owned PdV suspended gasoline production at its 305,000 b/d Cardon refinery this week as a result of more equipment breakdowns. Cardon […]

Venezuela’s Stations Offer Fuel, Liquor

(Bloomberg, 11.Mar.2021) — Welcome to Venezuela’s new gasoline stations: They boast digital fuel pumps and high-end, imported liquor. They’re plastered in fresh coats of bright […]

Diesel And Food In Venezuela

(Council on Foreign Relations, Elliott Abrams, 18.Feb.2021) — As part of the broad economic sanctions against the Maduro regime in Venezuela and especially the petroleum […]

Venezuela Creates Special Crisis Commission

(Xinhua, 14.Jan.2021) — Venezuela’s National Assembly on Thursday established a Special Commission for Dialogue, Peace and National Reconciliation, made up of ruling coalition and opposition […]

EU, Lima Group Sour On Juan Guaido

(Argus, 6.Jan.2021) — The EU and the Lima Group of Latin American countries and Canada have implicitly dropped support for Venezuelan opposition leader Juan Guaido […]

Venezuela’s New National Assembly Steps In

(Energy Analytics Institute, 5.Jan.2021) — Venezuela’s new National Assembly, elected in parliamentary elections on 6 December 2020, assumed power today in Caracas. Jorge Rodriguez will […]