(Energy Analytics Institute, 10.Oct.2020) â Venezuela continues to suffer from severe shortages of fuel from gasoline to diesel and across the entire country despite the […]
Category: Venezuela
Venezuela energy
Iranian Tanker Departs For Persian Gulf From Venezuela
(Reuters, 9.Oct.2020) â An Iranian-flagged oil tanker left Venezuela on Friday for Iranâs 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) â Venezuelaâs 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) â Wells that once tapped the worldâs 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) â Venezuelaâs National Assembly has submitted proposed changes to the countryâs Organic Hydrocarbons Law, which it views as fundamental legislation and […]
PdV Pins Gasoline Hopes On CRP Complex
(Argus, 6.Oct.2020) â 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) â 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) â 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) â 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) â 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) â 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) â 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) â The state department updates on Iran-related and Venezuela-related designations in todayâs press release. SPECIALLY DESIGNATED NATIONALS LIST UPDATE The […]
Venezuela Producing 345,000 B/D: Oil Official Freites Says
(Energy Analytics Institute, 23.Sep.2020) â Crude oil production in Venezuela, home to arguably the worldâs largest oil reserves, has fallen to around 345,000 barrels per […]
US Treasury Updates Venezuela, Iran Designations
(Energy Analytics Institute, 22.Sep.2020) â 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) â 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) â Venezuelaâs 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) â Venezuelaâs 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) â 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) â 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) â Venezuelaâs capacity to produce some much-needed gasoline and diesel of its own hinges on a single oil play. To tap it, the […]
Venezuela Captures Suspected US Spy Near CRP
(Energy Analytics Institute, 11.Sep.2020) â Venezuela captured an alleged American spy near its Amuay refinery located in FalcĂłn state. âWe have captured an American in […]
Venezuela Oil Collapse Stops Gas Smuggling In Colombia
(Wbur, 9.Sep.2020) â The economic hardship in Venezuela has been a huge burden for neighboring Colombia. Finally, a silver lining: the collapse of Venezuela’s oil […]
PdV Ad Hoc Chairman Joins Opposition Flight
(Argus, 9.Sep.2020) â The chairman of the Venezuelan opposition’s “ad hoc” board of national oil company PdV has joined a flight of exiled technocrats from […]
Rafael Ramirez: Venezuela Can Fix Its Own Oil Industry
(Argus, 8.Sep.2020) â Rafael Ramirez served as Venezuela’s oil minister from 2002-2013 and concurrent chief executive of state-owned PdV from 2004-2013, a tumultuous period marked […]
What Oil Spill In Venezuela Tells Us About Its Politics
(Javier Corrales, 7.Sep.2020) â The largest oil reserves and one of the worldâs most incompetent governments have brought authoritarianism, economic collapse and environmental disaster to […]
Iranian Shipments Of Oil To Venezuela
(Dryad Global, 7.Sep.2020) â Reporting from TankerTrackers.com indicates that three Iranian tankers have departed Iran, with a suggested routing to Venezuela, via the Suez Canal. […]
PDVSA Says Nabarima No Threat To Ecosystem
(Energy Analytics Institute, 5.Sep.2020) â Venezuelaâs state oil company Petroleos de Venezuela (PDVSA) says the Nabarima floating crude storage unit located off the country’s Gulf […]
Maduro Assigns Oil Sector Workers Three Special Tasks
(Energy Analytics Institute, 3.Sep.2020) â Venezuelaâs President Nicolas Maduro announced three areas of focus for petroleum sector workers as well as others working directly within […]
Damaged Venezuelan Oil Tanker Drawing Concern
(AP, 2.Sep.2020) â The sight of a huge oil tanker that has taken on water and is leaning to one side off a remote stretch […]
PDVSA, Eni Weigh Options To Transfer Idled Oil
(Reuters, 2.Sep.2020) â Venezuelan state oil company PDVSA and Italy’s Eni are looking at options to safely offload crude from a floating storage facility on […]
Venezuelan Opposition Politician Backs Elections
(Wall Street Journal, 2.Sep.2020) â A prominent Venezuelan opposition figure on Wednesday said he is supporting congressional elections in December that Juan GuaidĂł, the opposition […]
Citgo-6 Surpasses 1,000 Days Of Wrongful Detention
(Energy Analytics Institute, 1.Sep.2020) â More than 1,000 days have passed since Tomeu Vadell, JosĂ© Luis Zambrano, Alirio Zambrano, Jorge Toledo, Gustavo Cardenas and JosĂ© […]
Venezuela Faces Possibility Oil Output Drops To Zero
(Oilprice.com, 1.Sep.2020) â Venezuela once considered one of Latin Americaâs prosperous countries has plunged into the abyss. Years of economic mismanagement, cronyism and corruption have […]
US’ Abrams Eyes Tighter Sanctions On Venezuela
(Reuters, 31.Aug.2020) â The Trump administration is looking to tighten oil sanctions on Venezuela in the near future, top U.S. envoy for the country told […]
Maduro Pardons Political Prisoners Ahead Of Vote
(Bloomberg, 31.Aug.2020) â Venezuelaâs President Nicolas Maduro issued a surprise decree pardoning more than 100 of his opponents as a concession ahead of upcoming congressional […]
US Targets Websites Tied To Iran-Venezuela Oil Deal
(Al-Monitor, 31.Aug.2020) â The seizure follows the US interception of fuel tankers from Iran en route to Venezuela this month amid increased US pressure on […]
Harvest Drops Suit Against Ex Venezuela Oil Czar
(AP, 26.Aug.2020) â A Houston energy firm has dropped a lawsuit against Venezuelaâs former oil czar, who it had accused of orchestrating demands for a […]
Faulty Heat Exchangers Spill Venezuelan Oil
(Argus, 26.Aug.2020) â An estimated 25,000 bl of oil spilled along western Venezuela’s coastline in recent weeks came from faulty heat exchangers at state-owned PdV’s […]
Russia Is Winning The Battle For Venezuelaâs Oil
(Oilprice.com, 24.Aug.2020) â In just over a year Venezuela, and the push to oust socialist leader President Nicolas Maduro, has gone from being one of […]
How Venezuela’s Oil Industry Collapsed: FT.com
(FT.com, 23.Aug.2020) â The country’s oil industry was once the envy of the region, but after decades of mismanagement and corruption the sector is facing […]
Venezuela Restarts Gasoline Output At Cardon Unit
(Reuters, 23.Aug.2020) â Venezuelaâs state-run oil company, Petroleos de Venezuela, has restarted gasoline output at the 310,000-barrel-per-day (bpd) Cardon refinery, according to five people familiar […]
Maduro Thanks Iran For Help Overcoming Sanctions
(Reuters, 23.Aug.2020) â Venezuelan President Nicolas Maduro on Sunday thanked ally Iran for helping the South American country overcome U.S. sanctions on its oil industry […]
Trump Seeks To Slap More Sanctions On Venezuela
(Oilprice.com, 19.Aug.2020) â The U.S. federal government is considering more sanctions to add to a list aimed at severing the lifeline between the Venezuelan government […]
Venezuela Coast Could Take 50 Years To Recover
(Reuters, 19.Aug.2020) â A strip of Venezuelaâs western coastline boasting pristine beaches and fragile ecosystems like mangroves and coral reefs could take more than half […]
US Eyes October To End Exemptions On Venezuela
(Reuters, 19.Aug.2020) â The United States is considering an October deadline for ending exemptions to Venezuelan sanctions that allow some companies and refiners to still […]
Trump Govt Weighs Tighter Sanctions On Venezuelan Oil
(Bloomberg, 18.Aug.2020) â The Trump administration is considering additional sanctions on Venezuela aimed at halting the remaining fuel transactions permitted with the South American nation, […]
Houston Refiner Citgo Reports 2Q:20 Results
(Citgo, 17.Aug.2020) â Citgo Petroleum Corporation reported a net loss of $5 million for the second quarter of 2020, which includes the benefit from the […]
Joint Support Declaration For Change In Venezuela
(US State Department, 14.Aug.2020) â The text of the following declaration was released by several members of the Lima Group, the International Contact Group, the […]
US Seizes 4 Iranian Tankers Destined For Venezuela
(US Dept. of Justice, 14.Aug.2020) â The Justice Department today announced the successful disruption of a multimillion dollar fuel shipment by the Islamic Revolutionary Guard […]