(Energy Analytics Institute, 25.Nov.2020) — Foreign exchange rate and energy related briefs from OPEC oil producer Venezuela related to the rising Bolivar currency as well […]
Category: Venezuela
Venezuela energy
Heard Venezuela: Falcon Oil Spill, Los Roques Buildout
(Energy Analytics Institute, 25.Nov.2020) — Heard on the street from Venezuela related to a supposed oil spill in Morrocoy National Park as well as word […]
Heard Venezuela: Oil Sales To Chevron
(Energy Analytics Institute, 24.Nov.2020) — Heard on the street in Venezuela related to the sale of Venezuelan oil to US based company Chevron Corporation. OFAC […]
Venezuelan Union Leader Girot Detained
(Reuters, 19.Nov.2020) — Venezuelan authorities arrested oil workers’ union leader Eudis Girot, other union officials said on Thursday, as the government’s crackdown on dissent at […]
Chevron Eyes Biden To Preserve Venezuela Foothold
(Bloomberg, 18.Nov.2020) — Chevron’s willingness to keep a foothold in oil-rich Venezuela will now be a thorny political issue for President-elect Joe Biden to sort […]
Venezuela Supports Three Month Opec Extension
(Energy Analytics Institute, 17.Nov.2020) — Opec producer Venezuela continues to support a three month extension of production levels of 7.7 million barrels per day. “Venezuela […]
Slew Of Tankers Head Toward Venezuela
(Reuters, 11.Nov.2020) — At least 18 oil tankers are expected to load oil for export from Venezuela in the coming weeks, according to tracking data […]
Venezuela Oil Exports Between 1999-2019
(Energy Analytics Institute, 10.Nov.2020) — Venezuela, home to the largest crude oil reserves and sizeable natural gas reserves, reported total oil exports of $984.9bn between […]
60 Vehicles Dispatched To Paraguana Refining Complex
(Energy Analytics Institute, 9.Nov.2020) — Venezuela’s state oil company PetrĂłleos de Venezuela (PDVSA) dispatched 60 vehicles to the Paraguaná Refining Center (CRP by its Spanish […]
Venezuela Briefs: Black Mkt Gasoline; Diesel Demand
Energy briefs from Venezuela on prices for black market gasoline reaching $11.36/gal and refineries owned by PDVSA only producing enough diesel to cover 25% of domestic demand.
Does Venezuela Need A New Hydrocarbon Law? Webinar
(Energy Analytics Institute, 3.Nov.2020) — Does Venezuela need a new organic hydrocarbons law? That’s the question to be addressed on 5 November 2020 by four […]
Case Against Venezuela’s Oil Minister Hits Another Snag
(AP, 3.Nov.2020) — The prosecution of Venezuela’s Oil Minister Tareck El Aissami for violating U.S. sanctions has run into another snag after a federal judge […]
Venezuela Oil Exports Fall to New Lows
(Reuters, 2.Nov.2020) — Venezuela’s oil exports fell to a historic low of 359,000 barrels per day (bpd) in October as most of state-run PDVSA’s long-term […]
Maduro Condemns Amuay Attack, Blames Duque
(Energy Analytics Institute, 29.Oct.2020) — Venezuela’s leader Nicolás Maduro Moros says the Amuay refinery in Punto Fijo in FalcĂłn state was attacked by terrorist groups […]
Maduro Says Amuay Hit By ‘Terrorist Tttack’
(Reuters, 28.Oct.2020) — Venezuelan President Nicolas Maduro on Wednesday said the country’s Amuay oil refinery was victim of a terrorist attack on Tuesday that involved […]
Venezuela Eyes Oil Output Of 1.829 MMb/d in 2021
(Energy Analytics Institute, 24.Oct.2020) — Venezuela’s oil minister Tareck El Aissami and PetrĂłleos de Venezuela (PDVSA) head AsdrĂşbal Chávez revealed plans to achieve a production […]
Sign of Venezuela’s Oil Collapse Is Storage Surge
(Bloomberg, 23.Oct.2020) — Venezuelan crude inventories have surged 84% over the last three weeks as the threat of U.S. sanctions ward away buyers of the […]
Venezuela Briefs: LPG Shortage, Eni On Nabarima
(Energy Analytics Institute, 23.Oct.2020) — Energy briefs from Venezuela regarding ongoing shortages of liquefied petroleum gas (LPG) and Italy’s Eni submitting a proposal regarding the […]
Trinidad Briefs: Nabarima Stable, Budget Prices
(Energy Analytics Institute, 23.Oct.2020) — Energy briefs from Trinidad and Tobago related to an update on the status of the FSO Nabarima offshore Venezuela in […]
PDVSA’s Cardon Refinery Halts Operations
(Energy Analytics Institute, 20.Oct.2020) — PetrĂłleos de Venezuela’s Cardon refinery in Punto Fijo has once again halted operations. The stoppage impacts the recently restarted production […]
Nabarima: Potential Oil Spill Larger Than Exxon-Valdez
(350.org, 20.Oct.2020) — While a record deluge of intensifying hurricanes hit the Caribbean and Gulf, many of the same communities are at risk of a […]
Venezuela Needs To Rethink Oil: Luis Xavier Grisanti Says
(Energy Analytics Institute, 19.Oct.2020) — Faced with globalization and the scientific and technological revolution of the last quarter of a century, countries highly dependent on […]
US Embassy In Trinidad Concerned About Nabarima
(Energy Analytics Institute, 16.Oct.2020) — The US Embassy in Trinidad and Tobago expressed continued concerns about the potential risk to safety and environment posed by […]
Venezuela Economy To Shrink 25% In 2020: IMF
(Energy Analytics Institute, 13.Oct.2020) — Venezuela, home to the world’s largest oil reserves and sizable natural gas and mineral deposits, is expected to be the […]
US-Venezuela Dispute Delays Oil Storage Transfer
(Argus, 13.Oct.2020) — Italian Eni’s plan to drain a Venezuelan floating oil storage vessel considered a potential environmental risk has been delayed for weeks because […]
Iranian Fuel Supplies Good For Two Months
(Energy Analytics Institute, 12.Oct.2020) — The recent arrival of three Iranian tankers to Venezuela carrying around 750,000 bbls of gasoline is only sufficient to last […]
Former PDVSA Head Criticizes Anti-Blockade Law
(Energy Analytics Institute, 11.Oct.2020) — The former president of PetrĂłleos de Venezuela (PDVSA), Rafael RamĂrez, criticized Venezuela’s Anti-Blockade Law, which was approved by the country’s […]
Partial Reactivation of PDVSA’s Amuay Refinery
(Energy Analytics Institute, 11.Oct.2020) — Venezuela’s Amuay refinery is processing around 160,000 barrels per day (b/d) after reactivation of two plants, according to an oil […]
Tipco To Temporarily Shut Kemaman Refinery
(Energy Analytics Institute, 11.Sep.2020) — At the request of the US State Department, Tipco Asphalt plans to temporarily shut down its refinery located in Kemaman, […]
Fuel Shortages Persist Across Venezuela
(Energy Analytics Institute, 10.Oct.2020) — Venezuela continues to suffer from severe shortages of fuel from gasoline to diesel and across the entire country despite the […]
Iranian Tanker Departs For Persian Gulf From Venezuela
(Reuters, 9.Oct.2020) — An Iranian-flagged oil tanker left Venezuela on Friday for Iran’s Kharg Island, Refinitiv Eikon data showed, after the vessel loaded 1.9 million […]
PetroPiar and Sinovensa restart blending activities
CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 8.Oct.2020, Words: 81) — Venezuela’s state oil company Petroleos de Venezuela (PDVSA) has reportedly restarted the PetroPiar and […]
Venezuela, Once An Oil Giant, Reaches The End Of An Era
(NYT, 7.Oct.2020) — Wells that once tapped the world’s largest crude reserves are abandoned or left to flare toxic gases that cast an orange glow […]
Proposed Changes To Venezuela’s Organic Oil Law
(Energy Analytics Institute, 7.Oct.2020) — Venezuela’s National Assembly has submitted proposed changes to the country’s Organic Hydrocarbons Law, which it views as fundamental legislation and […]
PdV Pins Gasoline Hopes On CRP Complex
(Argus, 6.Oct.2020) — Venezuelan state-owned PdV is focusing on repairs to its 940,000 b/d CRP refining complex to address a severe gasoline shortage that has […]
Three Iranian Tankers Make It To Venezuela
(Energy Analytics Institute, 5.Oct.2020) — The third and final Iranian tanker, part of a three-tanker flotilla, docked in Venezuela over the weekend with much needed […]
Venezuela Aims To Reopen Some 1,571 Petrol Stations
(Energy Analytics Institute, 5.Oct.2020) — Venezuela plans to initiate activities at 1,571 petrol stations across the country starting 5 October 2020 as part of a […]
Maduro Drafts Bill To Expand Powers For Oil Deals
(Reuters, 1.Oct.2020) — Venezuelan President Nicolas Maduro has drafted legislation to grant his government expanded powers to confidentially sign new oil deals with private firms […]
Reliance Buys Canadian Oil To Offset Venezuelan Oil
(Reuters, 1.Oct.2020) — Reliance Industries has agreed to purchase 2 million barrels of Canadian heavy crude per month, three industry sources said, as a substitute […]
First Iranian Tanker Enters Venezuelan Waters
(Reuters, 28.Sep.2020) — The first of a group of three tankers carrying Iranian fuel for gasoline-starved Venezuela entered the waters of the South American nation […]
US Pressed For Firm Stance In Venezuelan Bond Case
(Law360, 25.Sep.2020) — A New York federal judge on Friday grilled a lawyer representing the U.S. government on whether she should defer to Venezuelan’s denunciation […]
US Updates On Iran And Venezuela Designations
(US Department of Treasury, 24.Sep.2020) — The state department updates on Iran-related and Venezuela-related designations in today’s press release. SPECIALLY DESIGNATED NATIONALS LIST UPDATE The […]
Venezuela Producing 345,000 B/D: Oil Official Freites Says
(Energy Analytics Institute, 23.Sep.2020) — Crude oil production in Venezuela, home to arguably the world’s largest oil reserves, has fallen to around 345,000 barrels per […]
US Treasury Updates Venezuela, Iran Designations
(Energy Analytics Institute, 22.Sep.2020) — The US Department of Treasury released details regarding Venezuela-related designations as well as providing a designation update. Treasury also provided […]
Elliott Abrams Briefing On Iran And Venezuela
(US Department of State, 16.Sep.2020) — Special teleconference briefing with special representative for Iran and Venezuela Elliott Abrams on developments in Iran and Venezuela. MS […]
PDVSA prepares to boost oil blending with condensates
(Reuters, 15.Sep.2020, Words: 492) — Venezuela’s state-run PDVSA is preparing to recover a portion of the oil output lost in recent months by boosting crude […]
Venezuela’s PDVSA looks to lift oil blending
(Reuters, 15.Sep.2020, Words: 492) — Venezuela’s state-run PDVSA is preparing to recover a portion of the oil output lost in recent months by boosting crude […]
Attack On Venezuela Refineries A Playbook US Regime Change Scenario
(Sputnik, 14.Sep.2020) — In the last two years, Venezuela has thwarted a coup attempt organised by opposition leader Juan Guaido, one attempt to kidnap President […]
Venezuela Defies Sanction Tripwires, Imports Oil
(Bloomberg, 13.Sep.2020) — An oil tanker is discharging Iranian condensate for Venezuela as both countries continue to avoid U.S. sanction tripwires. The ship, identified as […]
Venezuela Tears Apart Oil Pipelines To Sell As Scrap
(Bloomberg, 11.Sep.2020) — Venezuela’s capacity to produce some much-needed gasoline and diesel of its own hinges on a single oil play. To tap it, the […]