(WSJ, 31.May.2020) — The regime of Nicolás Maduro, grappling with intense gasoline shortages, said it will scale back its longstanding fuel subsidy and privatize service […]
Category: Venezuela
Venezuela energy
Trinidad-Venezuela Ties Omit Natural Gas For Now
(Argus, 29.May.2020) — Trinidad and Tobago declared explicit support for Venezuela’s US-sanctioned government this week, but the political ties will not revive natural gas cooperation […]
Tanker Petunia Accompanied By Air Force
(Energy Analytics Institute, Piero Stewart, 29.May.2020) — Venezuelan military aircraft accompanied the Iranian tanker Petunia to a dock located on the OPEC country’s shores, announced […]
Tanker Faxon Docks At Guaraguao Complex
(Energy Analytics Institute, Piero Stewart, 29.May.2020) — The Iranian tanker Faxon, the fourth of a flotilla of five, docked at the Guaraguao refining complex in […]
US Threatens Sanctions to Deter Iranian Tankers
(Dow Jones, 29.May.2020) — U.S. authorities have threatened tankers carrying Iranian fuel to Venezuela with sanctions, aiming to thwart a burgeoning economic alliance between two […]
Maduro Considers Charging Citizens More For Petrol
(Al Jazeera, 28.May.2020) — Venezuela’s president hints that he could start charging for petrol, which is usually practically free for citizens. Venezuela’s President Nicolas Maduro […]
Q&A: PdV Exile Board Has ‘Levers’ To Keep Citgo
(Argus, 28.May.2020) — Luis Pacheco is chairman of a parallel board trying to exert control over the future of Venezuela’s state-owned PdV. Appointed by the […]
Op-Ed: My Love Affair With Tulsa University
(Gustavo Coronel, 27.May2020) — An April morning in 1951, I left New York City for Tulsa, Oklahoma. I had been studying English for 15 weeks […]
Maduro Sends Iranian Oil To Cuba
(Panam Post, 27.May.2020) — A Cuban vessel arrived in Venezuela to allegedly provide the island gasoline that has just arrived from Iran. According to the […]
Maduro Vows To Raise Venezuelan Gasoline Price
(Reuters, 27.May.2020) — Venezuelan President Nicolas Maduro on Wednesday pledged to begin charging citizens for gasoline, as the fourth cargo of a five-tanker flotilla bringing […]
Third Iranian Fuel Cargo Approaches Venezuela
(Reuters, 26.May.2020) — The third cargo of an Iranian tanker flotilla carrying fuel for gasoline-thirsty Venezuela was approaching the nation’s exclusive economic zone on Tuesday […]
Second Iranian tanker Forest reaches Venezuelan loading dock
CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, Piero Stewart, 26.May.2020, Words: 76) — The Iranian tanker Forest docked at the Cardon refinery located in the […]
Iranian Tanker Fortune Docks In Puerto Cabello
(Energy Analytics Institute, Piero Stewart, 25.May.2020) — The Fortune Iranian fuel tanker reached Pier 4 of PDVSA’s El Palito Refinery located in Puerto Cabello in […]
Iranian Tanker Fortune Reaches Venezuela Waters
(Energy Analytics Institute, Piero Stewart, 25.May.2020) — The first of five Iranian tankers carrying gasoline and fuel additives, Fortune, has made it to Venezuela’s Exclusive […]
First Iranian Tanker Reaches El Palito Refinery
(Energy Analytics Institute, Piero Stewart, 25.May.2020) — The first of five Iranian tankers carrying gasoline and additives for making fuel from Iran to Venezuela has […]
Maduro Thanks Iran For Tanker Shipments
(Energy Analytics Institute, Piero Stewart, 24.May.2020) — Venezuela’s President Nicolás Maduro announced gratitude to the Iran Republic for the shipments of gasoline and fuel additives […]
PdV’s Board Of Exiles Loses Two Technocrats
(Argus, 21.May.2020) — Two members of the parallel board of Venezuela’s national oil company PdV have resigned, a development that exposes brewing frustration in the […]
US Seeks Ways To Halt Iran’s Oil Sales To Venezuela
(Wall Street Journal, 20.May.2020) — The Trump administration is weighing new sanctions and other legal steps to disrupt Iranian oil exports to Venezuela, U.S. officials […]
PdV Restarts Coker For Export Via Cuba
(Argus, 20.May.2020) — State-owned PdV has partially restarted a 70,000 b/d delayed coker which had been off line for over a year at its 305,000 […]
Iran’s Oil Supply To Venezuela Eases Glut
(Argus, 19.May.2020) — Iran’s gasoline shipments to Venezuela are helping to ease a supply glut at home, where demand has collapsed because of strict measures […]
US Court Declines To Hear Appeal In Crystallex Case
(Reuters, 18.May.2020) — The U.S. Supreme Court on Monday declined to hear Venezuela’s appeal of a lower court ruling allowing Canadian gold mining company Crystallex […]
Five Iran Tankers Sailing For Venezuela
(AP, 18.May.2020) — Five Iranian tankers likely carrying at least $45.5 million worth of gasoline and similar products are now sailing to Venezuela, part of […]
Venezuela Spurned By US Court In Citgo Clash
(Bloomberg, 18.May.2020) — The U.S. Supreme Court rejected an appeal by Venezuela in its fight to retain control of oil refiner Citgo Holding Inc., putting […]
PdV Keeps Nynas Board Seat After Restructuring
(Argus, 13.May.2020) — Venezuela’s state-owned PdV has retained one seat on the new corporate board of European specialty refiner Nynas after a restructuring that freed […]
Are Venezuelan Oil Exports Poised For A Comeback?
(Oilprice.com, 13.May.2020) — As the international community seeks answers with regards to the failed armed incursion into Venezuela that took place May 4, allegedly with […]
FBI Probes Firms Over Venezuela Oil Trading
(Reuters, 13.May.2020) — The FBI is probing several Mexican and European companies allegedly involved in trading Venezuelan oil as it gathers information for a U.S. […]
Fuel Cargo Loaded At Iran Sets Sail To Venezuela
(Reuters, 13.May.2020) — At least one tanker carrying fuel loaded at an Iranian port set sail to crisis-stricken Venezuela, according to vessel tracking data from […]
Nynas Exits US Sanctions
(Nynas, 12.May.2020) — The US Treasury Department’s Office of Foreign Asset Control (OFAC) announced today that Nynas is no longer being blocked pursuant to the […]
Nynas: Removal Of Venezuela-related License
(OFAC, 12.May.2020) — The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is revoking and archiving on its website Venezuela-related General License (GL) […]
PDVSA Allocates Oil Cargoes To Partner At Petrozamora
(Reuters, 12.May.2020) — A joint venture partner of state oil company PDVSA, GPB Global Resources BV, has received at least two cargoes of Venezuelan crude […]
Venezuelan Oil Plan Runs Aground
(Argus, 8.May.2020) — A sweeping proposal to draw investment into an Opec nation would normally turn some heads. That is what Venezuela’s US-backed political opposition […]
PdV Rolls Out New JV Presidents
(Argus, 4.May.2020) — Venezuela’s state-owned PdV rolled out the appointment of up to 26 new presidents of joint ventures that are mostly inactive. The appointments, […]
Venezuela Oil Output Sliding, Fields Shut Due To Fire
(Reuters, 4.May.2020) — Venezuela’s oilfields produced 687,000 barrels of crude last Saturday, up from 653,000 barrels on Friday but below the 718,000 barrels per day […]
PDV Holding And Aruba Govt To End Refinery Project
(PDV Holding, 1.May.2020) — PDV Holding, Inc., and the Government of Aruba/Refineria di Aruba (RDA) today executed an amicable termination agreement in relation to the […]
US Seeks To Investigate Mexico Oil-For-Food Pact
(Reuters, 29.Apr.2020) — The U.S. State Department, the Treasury Department and the U.S. Embassy in Mexico are investigating at least two Mexican firms involved in […]
Is PDVSA Abandoning Its Socialist Agenda?
(Oilprice.com, 29.Apr.2020) — Venezuela seems to be changing tactics when it comes to managing its oil resources. PDVSA is considering a major industry reform that […]
Fire Reduces Venezuelan Heavy Crude Flow
(Reuters, 28.Apr.2020) — The latest fire to erupt at one of Venezuelan state-owned PdV’s oil installations has temporarily knocked out up to 130,000 b/d of […]
PDVSA Proposes Selling Oil Assets To Private Sector
(Forbes, 28.Apr.2020) — In a total about-face on the “socialism” and “communism” and the Yankee-Go-Home attitude of the ruling Socialists United of Venezuela (PSUV), the […]
Venezuela Floats Lean PdV With Russia Unit
(Argus, 27.Apr.2020) — The two Maduro loyalists who have been effectively running Venezuela’s national oil industry for two months were officially appointed today as acting […]
Iran Ships Material To Help Repair PDVSA Refinery
(Reuters, 23.Apr.2020) — Venezuela has received refining materials via plane shipment from Iran to help it start the catalytic cracking unit at the 310,000 barrels-per-day […]
Venezuela’s Oil Output Could Fall Again Soon
(Oilprice.com, 23.Apr.2020) — On Tuesday, the Trump administration told the last remaining American oil companies in Venezuela that they had until December to wind down […]
Chevron Barred From Drilling In Venezuela
(Reuters, 22.Apr.2020) — Chevron Corp has been banned from drilling or transporting oil in Venezuela and its assets there are “mothballed” as the Trump administration […]
Chevron In Effect Barred From Venezuela
(Bloomberg, 21.Apr.2020) — Chevron Corp. will be forced to effectively wind down its operations in Venezuela, dealing the Maduro regime’s crumbling oil industry another blow […]
Trump Tells Chevron To “Wind Down” In Venezuela
(AP, 21.Apr.2020) — The Trump administration on Tuesday ordered Chevron Corp. to “wind down” operations in Venezuela by Dec. 1, barring the California-based oil giant […]
US Reviews Need For Venezuela Waivers: Update
(Argus, 16.Apr.2020) — The US is rethinking the premise behind its earlier decision to allow Chevron and other US and international firms to continue their […]
El Palito Restart Sputters, Imports On Horizon
(Argus, 15.Apr.2020) — Venezuelan state-owned PdV’s failed effort to restart its 140,000 b/d El Palito refinery is aggravating a fuel deficit that is sparking sporadic […]
Venezuela Supports OPEC+ Market Plan
(Energy Analytics Institute, Piero Stewart, 11.Apr.2020) — Venezuela, not invited to participate in the OPEC+ discussions, continues to support the measures that intend to contribute […]
Venezuela’s Private Sector Wants Eased Import Rules
(Reuters, 10.Apr.2020) — Representatives of Venezuela’s private oil service companies have proposed the government loosen restrictions on gasoline imports and sales, as the country faces […]
Venezuela Gasoline Shortages Worsen
(Reuters, 8.Apr.2020) — Gasoline shortages in Venezuela are worsening after U.S. officials have told foreign firms to refrain from supplying the fuel to the sanctioned […]
PDVSA And Eni Restart Work On Diluent Pipeline
(Energy Analytics Institute, Piero Stewart, 8.Apr.2020) — Venezuela’s state oil company Petróleos de Venezuela, S.A. (PDVSA) and the Italian oil company ENI, which comprise the […]