Venezuela Archives - Page 2 of 37 - Energy Analytics Institute (EAI)

Suriname inaugurates first female president Jennifer Geerlings-Simons

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 15.Jul.2025, Words: 180) — Venezuela’s executive vice president Delcy Rodríguez participated in the 15 Jul. 2025 […]

Venezuela and China consolidate alliance to develop “Global South AI”

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 14.Jul.2025, Words: 287) — Venezuela consolidated an alliance with the People’s Republic of China to develop […]

Venezuela’s Rodríguez highlights the importance of energy trilemma at OPEC seminar

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 14.Jul.2025, Words: 144) — Venezuela’s executive vice president and head of the Ministry of Hydrocarbons Delcy […]

EAI brief: Cuba’s Camilo Cienfuegos refinery undergoes technical maintenance

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 14.Jul.2025, Words: 120) — Personnel with Cuba’s state-run oil monopoly Cubapetroleo (Cupet) conducted specialized technical maintenance […]

Jorge Rodríguez: Venezuelan campaigns towards 27J should focus on “helping people”

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 11.Jul.2025, Words: 208) — The head of the Ven 25+ Campaign Command Jorge Rodríguez applauded the […]

PDVSA oil sales abroad hit $17.5bn in 2024 as exports jump

HOUSTON, TEXAS (By Reuters, 11.Jul.2025, Words: 84) — Venezuelan state-run PDVSA‘s oil sales abroad in 2024 stood at $17.52 billion, according to a results document […]

EAI short take-away: Trinidad not seen courting US for procurement of Venezuelan gas

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 10.Jul.2025, Words: 270) — Trinidad and Tobago continues to face challenges to secure natural gas supply […]

EAI brief: Venezuelan officers receive military training in Russia and Cuba

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 8.Jul.2025, Words: 185) — Venezuela’s president Nicolás Maduro Moros praised the training of 19 Venezuelan officers […]

Delcy Rodríguez talks energy market plans with OPEC general secretary Haitham Al Ghais

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 9.Jul.2025, Words: 225) — Venezuela’s executive vice president and head of the Ministry of Hydrocarbons Delcy […]

OFAC issues general license no. 40D regarding offloading of LPG in Venezuela [download]

HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 7.Jul.2025, Words: 270) — As part of the US’ Venezuela sanctions regulation, the US Office of Foreign […]

OPEC+ reaffirm commitment to market stability [table]

BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 5.Jul.2025, Words: 309) — Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirmed their […]

EAI brief: China-Venezuela Expo in Venezuela [photo journal]

HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 4.Jul.2025, Words: 115) — China and Venezuela celebrated their 51st anniversary of diplomatic relations during the inauguration […]

EAI brief: China and Venezuela ink deals at China-Venezuela Expo

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 4.Jul.2025, Words: 240) — China and Venezuela inked a number of deals during the China-Venezuela Expo […]

EAI brief: Venezuela’s Delcy Rodríguez mets with her Colombian counterpart Edwin Palma

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 4.Jul.2025, Words: 138) — Venezuela’s executive vice president and hydrocarbon minister Delcy Rodríguez led a key […]

Gold Reserve reveals $7.382bn Citgo bid recommendation [pdf downloads]

HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 3.Jul.2025, Words: 500) — Gold Reserve Ltd. revealed its US acquisition subsidiary, Dalinar Energy Corporation, is the […]

Despite sanctions under Trump 2.0, Venezuelan oil output steady, exports reaching China

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 2.Jul.2025, Words: 316) — Despite renewed US sanctions on Venezuela under Trump 2.0, Venezuela’s crude oil […]

Black Lion submits $8bn cash bid for Citgo’s parent

HOUSTON, TEXAS (By Marianna Parraga, Reuters, 25.Jun.2025, Words: 530) — Black Lion Citgo Group, a consortium led by private equity firm Black Lion Capital Advisors, submitted […]

EAI Brief: Venezuela flaring 2x what it consumes, Chevron eyes $35bn in Capex in Guyana

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 25.Jun.2025, Words: 206) — Venezuela, home to massive natural gas reserves, is flaring 2 times what […]

NRGBriefs Jun. 2025: Scarborough first cargo, Maduro on Iran, Noem to Central America

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 23.Jun.2025, Words: 5,030) — Global energy, finance and project briefs as well as other from the front pages […]

OFAC on sanctions regulations related to PDVSA 8.5% bond [pdf download]

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 20.Jun.2025, Words: 75) — The US Office of Foreign Assets Control (OFAC) released new details authorizing certain […]

Q&A: Is Venezuela about to lose Citgo, its most prized foreign asset?

HOUSTON, TEXAS (By Marianna Parraga, Reuters, 16.Jun.2025, Words: 685) — A U.S. court-organized auction of shares in the parent company of Venezuela-owned Citgo Petroleum has […]

Venezuela’s ‘Black Gold’: upgrading very heavy crudes, Orinoco v heavy Arabian

PANAMA CITY, PANAMA / HOUSTON, TEXAS (Editors at Energy Analytics Institute, 13.Jun.2025, Words: 2,800) — The increasing global demand for petroleum products has led to […]

Venezuela’s ‘Black Gold’: the Petrocedeño (formerly Sincor) upgrader

PANAMA CITY, PANAMA / HOUSTON, TEXAS (Editors at Energy Analytics Institute, 12.Jun.2025, Words: 702) — The Sincor upgrader was built in an area of over […]

Venezuela’s ‘Black Gold’: production and export grades, upgraded API properties [table]

PANAMA CITY, PANAMA / HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 11.Jun.2025, Words: 560) — Venezuela, despite ongoing US sanctions meant to halt the […]

Venezuela’s ‘Black Gold’: 4 ways to extract Faja crudes (VAPEX, CSS, THAI and SAGD)

PANAMA CITY, PANAMA / HOUSTON, TEXAS (Editors at Energy Analytics Institute, 10.Jun.2025, Words: 900) — Heavy oil is similar to conventional reserves in many respects, […]

Venezuela’s ‘Black Gold’: opportunity loss of 2.1 MMb/d from 6 new proposed upgraders

PANAMA CITY, PANAMA / HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 9.Jun.2025, Words: 1,600) — Proposals for 6 new joint ventures (JVs) in Venezuela’s […]

Venezuela lays foundation to boost petrol to $0.75/lt from $0.50/lt, Bloomberg Línea says

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 8.Jun.2025, Words: 136) — The government of Venezuela’s president Nicolás Maduro is laying the foundations to implement […]

Venezuela’s ‘Black Gold’: 4 original upgraders Sincor, Petrozuata, Cerro Negro and Hamaca

PANAMA CITY, PANAMA / HOUSTON, TEXAS (Editors at Energy Analytics Institute, 8.Jun.2025, Words: 1,143) — Venezuela is blessed with numerous heavy-oil reservoirs, but none compares […]

LatAmNRG heard: ENARSA LNG tenders; Chevron Venezuela; Mexico US gas imports above 7 Bcf/d

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 6.Jun.2025, Words: 447) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]

Venezuela’s ‘Black Gold’: refinery versus upgrader

PANAMA CITY, PANAMA / HOUSTON, TEXAS (Editors at Energy Analytics Institute, 6.Jun.2025, Words: 649) — In the 1990s, international oil companies (IOCs) including ExxonMobil Corporation […]

Venezuela’s ‘Black Gold’: a brief history of heavy oil in Venezuela

PANAMA CITY, PANAMA / HOUSTON, TEXAS (Editors at Energy Analytics Institute, 6.Jun.2025, Words: 585) — In 1914, Venezuela’s first important heavy oil field, Mene Grande, […]

Trinidad stands solidly with Trump on Venezuelan issues, ready to use deadly force against vessels

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 5.Jun.2025, Words: 354) — Tensions between neighbors Venezuela and Trinidad and Tobago are starting to rise already. […]

Delcy Rodríguez to present Essequibo development plan to VP Council

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 4.Jun.2025, Words: 264) — Venezuela’s executive vice president Delcy Rodríguez will soon present a development plan […]

Maduro says armed group captured trying to enter Venezuela from Trinidad

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 4.Jun.2025, Words: 154) — Venezuela’s president Nicolás Maduro announced that an armed group had been captured in […]

IOCs built 4 upgraders in Venezuela in the 1990s, only PetroPiar continues to produce

HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 4.Jun.2025, Words: 343) — In the 1990s, international oil companies (IOCs) from Chevron Corporation and ExxonMobil Corporation […]

Venezuela’s oil exports stable as buyers in China receive more

(Reuters, 3.Jun.2025, Words: 473) — Venezuela’s oil exports remained almost unchanged last month as increased shipments to customers in China offset a decline in U.S.-authorized […]

Maduro says Venezuela producing 1.1 MMb/d amid unilateral coercive measures

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 2.Jun.2025, Words: 211) — Venezuela’s president Nicolás Maduro said his country was on average producing close to […]

Venezuela’s Machado applauds Trump’s decision to end Chevron’s license to operate

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 31.May.2025, Words: 428) — Vente Venezuela national coordinator and opposition leader María Corina Machado thanked US president Donald Trump […]

Maduro activates monitoring room to over see Venezuela’s hydrocarbon sector

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 30.May.2025, Words: 255) — Venezuela’s president Nicolás Maduro activated a new situational control and monitoring room within […]

LatAmNRG heard: Mexico elections, Chevron Venezuela, Vaca Muerta, Venezuela LNG

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 30.May.2025, Words: 339) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]

Rodríguez says 3 Chevron Venezuela fields producing a combined 246,000 b/d

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 29.May.2025, Words: 228) — Venezuela’s executive vice president and hydrocarbon minister Delcy Rodríguez said state-owned company Petróleos […]

Chevron confirms expiration of GL 41B that impacts operations in Venezuela

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 29.May.2025, Words: 246) — Chevron Corporation confirmed expiration of General License 41B (GL41B), issued by the US […]

Trump, OFAC and Chevron’s “secret” license to operate in Venezuela

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 28.May.2025, Words: 274) — The administration of US president Donald Trump has authorized Chevron Corporation to continue […]

Maduro says government to allocate resources for development of Essequibo territory

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 27.May.2025, Words: 335) — Venezuela’s president Nicolás Maduro Moros said his government will continue work on the […]

US grants Chevron narrow authorization to keep assets in Venezuela, sources say

(Reuters, 27.May.2025) — The Trump administration has issued a narrow authorization for U.S. oil producer Chevron to keep assets in Venezuela, including its stakes in oil […]

Maduro says election marks birth of new sovereignty over “Guayana Esequiba”

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 26.May.2025, Words: 200) — Venezuela’s president Nicolás Maduro Moros said the Sunday 25 May 2025 election saw […]

US plans Chevron license for minimum maintenance in Venezuela, Bloomberg reports

BENGALURU, INDIA (Reuters, 23.May.2025, Words: 215) — U.S. President Donald Trump’s administration is preparing to issue a narrowly tailored license to Chevron, allowing the company […]

Marco Rubio says Chevron license in Venezuela to expire on 27 May 2025

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 21.May.2025, Words: 92) — US Secretary of State Marco Rubio downplayed rumors that the US would extend a […]

Datanalisis’ Vicente Leon comments on Washington-Caracas talks, Chevron wind-down

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 21.May.2025, Words: 280) — Datanalisis president Luis Vicente León said it was unclear when oil licenses […]

US set to extend Chevron’s lifeline in Venezuela another 60 days amid negotiations

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 20.May.2025, Words: 209) — Chevron Corporation, which has operated in Venezuela for the greater part of 100 […]