CARACAS, VENEZUELA (By Piero Stewart, Energy Analytics Institute, 28.Jul.2026, Words: 179) — The labor group Unidad en la Coincidencia, comprised of workers from Sidor and other subsidiaries of the Venezuelan Guayana Corporation (CVG), announced that Orinoco Steelworks does not have production capacity to contribute rebar and steel for the reconstruction of […]
Tag: CVG
Venezuela’s mining sector boasts 10.9% increase in production in 2025
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 17.Apr.2026, Words: 182) — During the promulgation of the Organic Law of Mines, Venezuela’s interim president Delcy RodrĂguez reported the mining sector registered a 10.9% increase in production, contributing to the growth of the national economy, which she said has now […]
![OFAC on Wind Down of Transaction of CVG [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2021/06/BCS-Blog-What-is-the-OFAC.jpg)
OFAC on Wind Down of Transaction of CVG [PDF Download]
(Energy Analytics Institute, 29.Jan.2024) — The US Department of the Treasury‘s Office of Foreign Assets Control (OFAC) issued Venezuela-related General License 43A on 29 Jan. 2024, which relates to “Authorizing the Wind Down of Transactions Involving CVG Compania General de Mineria de Venezuela CA.” ____________________ By Ian Silverman. © Energy […]
Maduro Orders Immediate Oil and Gas Exploration in Disputed Territory
(Voice of America, 6.Dec.2023) — Venezuelan President Nicolas Maduro has ordered state-owned oil, gas and mining companies to “immediately” begin operations in a wide territory controlled by neighboring Guyana. Maduro issued the order Tuesday, two days after Venezuleans voted overwhelmingly to approve a referendum that would annex the 160,000-square kilometer […]