Venezuela Archives - Page 3 of 37 - Energy Analytics Institute (EAI)

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

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 […]

Delcy Rodríguez 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 Rodríguez 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 […]

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 […]