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 […]
Category: Venezuela
Venezuela energy
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 RodrÃguez 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 RodrÃguez 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) upgraderÂ
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 LÃnea 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 (By Piero Stewart, Energy Analytics Institute, 5.Jun.2025, Words: 354) — Tensions between neighbors Venezuela and Trinidad and Tobago are starting to rise […]
Delcy RodrÃguez 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 RodrÃguez 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 MarÃa 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 […]
RodrÃguez 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 RodrÃguez said state-owned company Petróleos […]
Chevron confirms expiration of GL 41BÂ 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 […]
Delcy RodrÃguez says measures against PDVSA have generated $232bn in losses
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 18.May.2025, Words: 183) — Venezuela’s executive vice president and hydrocarbon minister Delcy RodrÃguez said unilateral coercive measures […]
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 […]