PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 18.May.2025, Words: 183) — Venezuela’s executive vice president and hydrocarbon minister Delcy Rodríguez said unilateral coercive measures […]
Category: Venezuela
Venezuela energy
CRP takeover by the Chinese: this is not a “cuento chino” or “Chinese tale” [charts attached]
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 17.May.2025, Words: 528) — This is not a “cuento chino” or “Chinese tale” starring Argentine actor […]
LatAmNRG heard: China-Russia-Venezuela, Rubio on Cuba, Mexico Pacific new CEO
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 16.May.2025, Words: 651) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]
Venezuela’s production averaged 888 Mb/d in Apr. 2025, according to OPEC
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 14.May.2025, Words: 164) — Venezuela’s crude oil production averaged 888 thousand barrels per day (Mb/d) in Apr. […]
Guyana’s president Irfaan Ali warns citizens to remain vigilant amid Venezuelan “arrogance”
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 14.May.2025, Words: 310) — Guyana’s president Mohamed Irfaan Ali alerted the citizens of his small South American […]
Maduro says Russia and China look to support Venezuela’s 7T plan
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 13.May.2025, Words: 295) — The Russian Federation and the People’s Republic of China reaffirmed their support for […]
Venezuela’s Maduro calls recent visits to China and Russia a “resounding success!”
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 13.May.2025, Words: 218) — Venezuela’s president Nicolás Maduro traveled to China and Russia to meet with his […]
Traders rebrand Venezuelan oil for China as Brazilian, sources and tanker trackers say
SINGAPORE, SINGAPORE CITY (Chen Aizhu, Reuters, 12.May.2025, Words: 847) — Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian […]
LatAmNRG heard: Chinese takeover of Venezuelan refineries, Petrobras focus offshore Colombia
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 9.May.2025, Words: 460) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]
Venezuela and Russia ink strategic cooperation and partnership agreement, eye GLONASS
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 7.May.2025, Words: 191) — A 10-year strategic cooperation and partnership agreement was signed in Moscow by Venezuela’s president […]
Maduro denounces “terrorist attacks” to Venezuelan electric grid
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 6.May.2025, Words: 171) — Venezuela’s president Nicolás Maduro Moros denounced what he labeled as terrorist attacks targeting the […]
LatAmNRG heard: Argentina eyes FLNG v onshore LNG plants, Guyana gas
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 2.May.2025, Words: 500) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]
Venezuela says it will never recognize ICJ jurisdiction regarding the Essequibo
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 2.May.2025, Words: 322) — Venezuela has “categorically rejected” a statement published on 1 May 2025 by the […]
Chevron CEO Mike Wirth says energy and national security at play in Venezuela
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 2.May.2025, Words: 452) — Chevron Corporation CEO Mike Wirth said there were 2 important real implications related […]
Venezuela loses 20% of oil exports after cargo cancellations to Chevron
CARACAS, VENEZUELA (Reuters, 1.May.2025, Words: 388) — Venezuela’s oil exports fell almost 20% to some 700,000 barrels per day (bpd) in April, the lowest level […]
Venezuela strengthens strategic cooperation strategies in Qatar
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 29.Apr.2025, Words: 205) — Venezuela’s hydrocarbon minister Delcy Rodríguez discussed varied topics during her visit to Doha, […]
LatAmNRG heard: Enarsa privatization, Chihuido dam, Ecuador quake, Peru’s Lot Z-69 tender
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 25.Apr.2025) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week ended 25 […]
Marco Rubio and Trinidad PM Young to jointly pursue US objectives regarding Venezuela
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 18.Apr.2025) — US Secretary of State Marco Rubio spoke with Trinidad and Tobago Prime Minister Stuart Young […]
EAI chartalk: Eni SpA in Mexico and Venezuela
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 17.Apr.2025, Words: 285) — Italy’s Eni SpA operates in 2 key countries in the Latin America and […]
Eni says credit exposure to PDVSA in Venezuela €0.8bn net of impairment provision
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 16.Apr.2025) — Italy’s Eni SpA, which continues to operate the Cardón IV joint venture with Spain’s Repsol […]
LatAmNRG heard: Bukele to DC, Delcy on China and Russia, YPF dividend, lithium in Mexico
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 11.Apr.2025, Words: 450) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]
Chevron’s Venezuelan oil cargoes canceled, stalled amid payment uncertainty
HOUSTON, TEXAS (Reuters, 11.Apr.2025) — At least two vessels carrying Venezuelan crude chartered by Chevron are stalled due to state oil company PDVSA canceling their export authorizations, […]
Venezuela’s Delcy Rodríguez presents economic emergency decree to National Assembly
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 10.Apr.2025) — Venezuela’s executive vice president and hydrocarbon minister Delcy Rodríguez presented a decree, signed by Venezuela’s […]
Venezuela’s Delcy Rodríguez rejects recent statement from Guyana
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 9.Apr.2025) — Venezuela’s executive vice president Delcy Rodríguez, who now refers to Guyana’s president Irfaan Ali as […]
OFAC eats Dragon, revokes license for Dragon and Cocuina fields
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 8.Apr.2025) — The Office of Foreign Assets Control (OFAC) has revoked 2 special licenses important to Trinidad […]
ExxonMobil again accused by Delcy Rodríguez of stoking aggression against Venezuela
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 5.Apr.2025, Words: 267) — Venezuela’s executive vice president and hydrocarbon minister Delcy Rodríguez strongly denounced what she […]
LatAmNRG heard: Argentine exports, Mexico avoiding US tariffs
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 4.Apr.2025) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week ended 4 […]
EAI’s 1Q:25 “NRG Prospector” full version [183-pg emag download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 3.Apr.2025, Words: 20,000) — Download Energy Analytics Institute‘s 183-page full version of the 1Q:25 NRG Prospector, which is […]
Uncertainties surround Repsol’s Cardón IV and Petroquiriquire projects in Venezuela
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 1.Apr.2025) — Spain’s Repsol, which has also reportedly been notified by Washington that it must wind down […]
Venezuela’s energy minister Rodríguez says production normal
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 31.Mar.2025) — Venezuela’s crude oil production was normal at the end of Mar. 2025 and in accordance […]
OFAC revokes M&P’s Venezuela license, grants wind-down until 27 May 2025
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 31.Mar.2025) — Paris-based Établissements Maurel & Prom received a notification from the US Department of the Treasury‘s […]
Trump Revokes Permits to US, Foreign Oil Firms in Venezuela
HOUSTON, TEXAS (Bloomberg, 29.Mar.2025) — The Trump administration revoked permits and waivers allowing Western energy firms to operate in Venezuela, three people familiar with the […]
Explainer: New Creditors’ Battle Emerges in Citgo Auction Reboot
HOUSTON, TEXAS (Reuters, 27.Mar.2025) — A U.S. federal judge trying to move ahead with an auction of shares in the parent of Venezuela-owned U.S. refiner […]
US Secretary of State Marco Rubio Meets with High-level Caribbean Officials in Jamaica
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 26.Mar.2025) — US Secretary of State Marco Rubio met with numerous Caribbean officials in Kingston, Jamaica as […]
Venezuela at risk to lose 400,000 b/d and $9.4bn in revenues: Barclays
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 26.Mar.2025, Words: 650) — Secondary tariffs of 25% announced by US president Donald Trump on countries […]
OFAC releases GL41B, extends Chevron’s wind down in Venezuela until 27 May 2025
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 24.Mar.2025, Words: 281) — The US Office of Foreign Assets Control (OFAC) issued General License No. 41B […]
Trump to impose 25% tariff on countries that buy oil and gas from Venezuela
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 24.Mar.2025) — US president Donald Trump announced secondary tariffs to be imposed on Venezuela. Trump said on […]
LatAmNRG heard: service costs in Argentina, Trump eyes Citgo protection, Rubio to Jamaica
HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 21.Mar.2025, Words: 372) — LatAm and other NRG highlights, headlines and “heard on the street,” for the […]
LatAmNRG heard CERAWeek: YPF, Sempra in Mexico, Citgo, and ExxonMobil in Guyana
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 14.Mar.2025) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week ended 14 […]
Venezuela’s president Nicolás Maduro says oil production rxceeds 1 MMb/d, to continue growing
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 11.Mar.2025, Words: 251) — Venezuela’s president Nicolás Maduro said average Venezuelan oil production exceeded 1 million barrels […]
Rystad forecasts 300,000 b/d drop in Venezuelan oil production with Chevron exit
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 10.Mar.2025, Words: 218) — The 27 Feb. 2025 decision by the US to end Chevron Corporation‘s […]
LatAmNRG Heard: US pressures IOCs in Venezuela, Ebrard’s FDI expectations
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 7.Mar.2025, Words: 435) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]
Citgo Reports Total 4Q:24 Throughput of 887,000 b/d at its 3 Refineries
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 6.Mar2025) — Houston-based Citgo Petroleum Corporation — which owns and operates 3 large-scale, highly complex petroleum refineries with […]
Guyana turns to ICJ in Essequibo region dispute with Venezuela
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 6.Mar.2025) — Guyana has requested the International Court of Justice (ICJ) indicate provisional measures in the case […]
COMMENTARY: Time for the US, OPEC, Europe China, Asia and Russia to Negotiate
CARACAS, VENEZUELA (Carlos A. Rossi, Energy Analytics Institute, 5.Mar.2025) — A crucial point behind Europe’s motivation to support Ukraine’s president Volodymyr Zelenski is simply to not […]
Venezuela activates independence plan after sanctions against Chevron
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 4.Mar.2025, Words: 246) — Venezuela’s President Nicolás Maduro ordered activation of the “absolute productive independence plan” aimed […]
OFAC Releases GL41A Stipulating Chevron Wind Down in Venezuela [PDF Download]
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 4.Mar.2025) — The Office of Foreign Assets Control (OFAC) issued General License No. 41A on 4 Mar. […]
Chevron JVs producing around 242,000 b/d or 27% of Venezuela’s production
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 2.Mar.2025, Words: 666) — 4 Venezuelan joint ventures (JVs) of US-based Chevron Corporation were producing an average […]
US Treasury prepares action regarding Chevron Venezuela General License 41
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 2.Mar.2025, Words: 164) — The US Treasury Department is preparing to take action to wind-down General License 41 […]
Guyana denounces Venezuelan incursion in offshore field operated by ExxonMobil
GEORGETOWN, GUYANA (AP, 1.Mar.2025, Words: 164) — Guyana’s President Irfaan Ali on Saturday denounced an incursion by an armed Venezuelan naval vessel in disputed waters […]