HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 29.Apr.2026, Words: 2,300) — Chevron Corporation’s latest asset swap in Venezuela — exiting gas exposure in favor of heavier oil-weighted positions — is more than an internal portfolio reshuffle. From my vantage point, after years covering Venezuela and wider Latin American […]
Tag: Ali Moshiri
PRESS DIGEST 15 MAR. 2026: Chris Wright; Ali Moshiri, Venezuela and Delcy; Mexican oil spill
MONTERREY, MEXICO (By editors with Energy Analytics Institute, 15.Mar.2026, Words: 220) — The following briefs are the top stories from the top media outlets on 15 Mar. 2026 across the Latin America and Caribbean (LAC) region and beyond, as compiled by editors from Energy Analytics Institute (EAI). EAI has not verified […]
Oil and gas investments could reach Venezuela in 3 waves
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 6.Jan.2026, Words: 201) — Under the right environment, 3 waves of investments could return to Venezuela and its oil and gas sectors. However, in the short-term there will still be widespread uncertainties even amid statements by US president Donald Trump to the […]
Venezuela Producing 850,000 bpd, Hopes to Recover US Market
(Reuters, 22.Nov.2023) — Venezuela is currently producing some 850,000 barrels per day (bpd) of oil and hopes to soon reach 1 million bpd, the country’s deputy oil minister, Erick Perez, said on Wednesday, following the temporary lifting of U.S. sanctions on the nation. Washington in October issued a license allowing Venezuela to […]
AGE’s Ali Moshiri eyes revitalization of Venezuela hydrocarbon industry
HOUSTON, TEXAS (By editors at Energy Analytics Institute, 26.Aug.2022, Words: 89) — Amos Global Energy Management LLC or AGE, a Houston-based independent oil & gas company focused on the acquisition and development of international upstream assets, continues to see and pursue potential in Venezuela’s hydrocarbon industry, according to the company’s […]
US Investors Form JV to Pursue Oil and Gas Projects in Venezuela
(Reuters, 5.Jul.2022) — Two U.S. investment funds on Tuesday said they formed a joint venture with a Venezuelan firm to pursue oil and gas exploration and production projects in the U.S.-sanctioned South American country. Gramercy Funds Management and Amos Global Energy said their joint venture would work with an arm […]
Amos Global Energy and Gramercy Announce a JV with Inepetrol in Venezuela
(Gramercy Funds Management, 5.Jul.2022) — Gage Venezuela Holdings LLC, a recently created partnership between Amos Global Energy Management LLC (“Age”) and Gramercy Funds Management LLC announced today that it has entered into a joint venture with Inepetrol, S.A., a subsidiary of Inelectra S.A. The joint venture would seek to target […]
US Oil Services Firms Join Push for Revamped Venezuela License
(Reuters, 21.Apr.2022) — Some U.S. oilfield firms whose Venezuelan operations were frozen by sanctions are joining an appeal to Washington for authorizations to restart oil drilling in the South American country, according to eight sources with knowledge of the talks. If they are allowed to resume work, Venezuela could quickly […]
Chevron, Waiting It Out in Venezuela, Tells US Now Is the Time to Pump Oil
(WSJ, 22.Mar.2022) — For months, Biden administration officials snubbed top executives and lobbyists for Chevron Corp. who had pressed officials in Washington to ease sanctions so the company could boost production in Venezuela, where the U.S. has banned such activities since 2019. Then Vladimir Putin launched his invasion of Ukraine. Now the Biden administration […]
Sucre Energy Bets On Venezuelan Gas
(Argus, 8.Sep.2021) — Venezuela’s abundant hydrocarbons are beckoning a new generation of investors, stepping in where more established companies are pulling out. Sucre Energy, a Netherlands-based and Spanish-registered private equity company, acquired the central Venezuelan assets of Japan’s Inpex in a deal that closed in May for an undisclosed sum. […]
Venezuela still attractive: Amos Global Energy’s Ali Moshiri says
HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 1.Sep.2021, Words: 1,400) — Venezuela, home to the world’s largest oil reserves, still has an opportunity to capitalize on producing oil amid the energy transition, Ali Moshiri, head of Amos Global Energy tells Energy Analytics Institute (EAI). “Investment is going to […]
Ali Moshiri Seeks $500mn For Post-Sanctions Venezuela
(Reuters, Jennifer Hiller, 21.Oct.2019) — The former chief of Chevron Corp’s Latin American operations is moving to raise $500 million from big financial firms to invest in Venezuela once U.S. sanctions are eventually lifted, confident that political change will come and that foreign investment will be needed to boost sagging […]
Chevron Stayed In Venezuela Long After Rivals Quit
(Wall Street Journal, Kejal Vyas and Bradley Olson, 8.Nov.2018) — For nearly a century, Chevron Corp. has weathered dictatorships, coups and nationalization drives to keep pumping oil in Venezuela. But recently, executives at the last U.S. oil major in the country have debated whether it may be time to get out, […]
Chevron, YPF Continue Vaca Muerta Development
(Chevron 10.Apr.2014) — Chevron Corporation confirmed that subsidiaries of the company have signed agreements with the Argentine oil company YPF S.A. to continue development of shale oil and gas resources from the Vaca Muerta formation located in the NeuquĂ©n province in Argentina. “This is a significant step in our subsidiaries’ […]