OPEC Fund Marks 45 Years Of Driving Development

(The OPEC Fund, 28.Jan.2021) — The OPEC Fund for International Development (the OPEC Fund) marks its 45th anniversary today. Since inception, the multilateral development finance […]

Venezuela Crude Stocks Drop As Exports Pick Up

(Reuters, 26.Jan.2021) — Venezuelan state oil company PDVSA’s inventories of its main export crude grade dipped this week to their lowest levels since late November, […]

Venezuela Eyes Private Cos Operating Oil Fields

(Reuters, 14.Jan.2021) — Venezuelan officials have met in recent months with small domestic oilfield contractors to propose letting them operate fields owned by state-owned PDVSA […]

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 […]

Maduro Says Venezuela Eyes Output Of 1.5 MMB/D

(Energy Analytics Institute, 12.Jan.2021) — Venezuela’s President Nicolas Maduro, during his annual speech to the nation on 12 January 2021, announced the OPEC country was […]

OPEC Voluntary Production Levels (PDF DOWNLOAD)

(Energy Analytics Institute, 11.Jan.2021) — OPEC’s voluntary crude oil production levels for the months of January, February, and March. __________ By Ian Silverman. © Energy […]

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 […]

Venezuela Briefs: Halliburton Layoffs

(Energy Analytics Institute, 31.Dec.2020) — Briefs from Venezuela related to Halliburton layoffs and the year end message from PetrĂłleos de Venezuela (PDVSA) President AsdrĂşbal Chávez. […]

Carlos Vecchio Says GuaidĂł Govt Saved Citgo

(Energy Analytics Institute, 29.Dec.2020) — Houston-based refiner Citgo Petroleum, owned by Venezuela’s state oil and gas company PetrĂłleos de Venezuela (PDVSA), continues to benefit from […]

ExxonMobil Hits Guyana Oil Output Goal

(Argus, 21.Dec.2020) — ExxonMobil reached targeted crude production of 120,000 b/d at the Liza 1 well on Guyana’s deepwater Stabroek block, a milestone that had […]

Biden To Seek Talks With Maduro Regime

(Bloomberg, 18.Dec.2020) — President-elect Joe Biden’s advisers are preparing to negotiate with Nicolas Maduro’s regime in Venezuela in an effort to end the Western Hemisphere’s […]

Venezuela Disrupts Plan To Attack Refinery

(Reuters, 11.Dec.2020) — Venezuela’s Oil Minister Tareck El Aissami said on Friday that authorities had disrupted a plan to attack Venezuela’s 146,000-barrel-per-day (bpd) El Palito […]

Chairman Risch On Fraud Elections In Venezuela

(US Senate, 7.Dec.2020) — US Senator Jim Risch (R-Idaho), chairman of the Senate Foreign Relations Committee, released the following statement on yesterday’s fraudulent congressional elections […]

Venezuela’s New Assembly To Battle Sanctions

(Argus, 7.Dec.2020) — Venezuela’s National Assembly elections yesterday thrust the Opec country’s last democratic institution under the thumb of President Nicolas Maduro, who has defied […]

Venezuelans Vote In Legislative Election

(Al Jazeera, 6.Dec.2020) — Venezuelans voted on Sunday in legislative elections set to tighten President Nicolas Maduro’s grip on power and weaken his US-backed rival, […]

Heard Venezuela: Iranian Asset Takeovers

(Energy Analytics Institute, 5.Dec.2020) — Rumors are that Iranian businesspersons and their companies are in the process of taking over operations at Venezuela’s six refineries […]

Dems Statement Ahead Of Elections In Venezuela

(US Senate, 4.Dec.2020) — US Senate Foreign Relations Committee Ranking Member Bob Menendez (D-N.J.) and Senate Democratic Whip Dick Durbin (D-Ill.) issued the following statement […]

Venezuela Producing Around 450,000 b/d

(Energy Analytics Institute, 1.Dec.2020) — Venezuela is said to be producing around 450,000 barrels per day and exporting more with the assistance of Chinese and […]

Venezuela Crude Production, Exports Recover

(Argus, 1.Dec.2020) — Venezuelan state-owned PdV’s crude production and exports have recovered in recent weeks as China resumed direct loadings and a tanker deficit the […]