(Reuters, 1.Sep.2020) — Brazil is studying the resumption of a zero-tariff quota for its ethanol imports, but only for three months, aimed at getting the […]
Tag: Donald Trump
US’ Abrams Eyes Tighter Sanctions On Venezuela
(Reuters, 31.Aug.2020) — The Trump administration is looking to tighten oil sanctions on Venezuela in the near future, top U.S. envoy for the country told […]
Trump Seeks To Slap More Sanctions On Venezuela
(Oilprice.com, 19.Aug.2020) — The U.S. federal government is considering more sanctions to add to a list aimed at severing the lifeline between the Venezuelan government […]
US Eyes October To End Exemptions On Venezuela
(Reuters, 19.Aug.2020) — The United States is considering an October deadline for ending exemptions to Venezuelan sanctions that allow some companies and refiners to still […]
Trump Govt Weighs Tighter Sanctions On Venezuelan Oil
(Bloomberg, 18.Aug.2020) — The Trump administration is considering additional sanctions on Venezuela aimed at halting the remaining fuel transactions permitted with the South American nation, […]
Saudi Arabia Turns Off America’s Oil Taps Again
(Bloomberg, 9.Aug.2020) — The strategy worked wonders in 2017. It will be more challenging this time around unless the pandemic eases its grip on oil […]
Trump Hits Wall With Bid To Place Ally At LatAm Bank
(Bloomberg, 7.Aug.2020) — Mexico called for delaying the election of a new chief for a key Latin American development bank amid controversy caused by U.S. […]
Sisi Wins Approval For Possible Libya Intervention
(Reuters, 20.Jul.2020) — Egypt’s parliament gave President Abdel-Fattah al-Sisi the green light for possible military intervention in Libya by approving the deployment of armed forces […]
New Players Emerge In Venezuela Amid Sanctions
(AP, 13.Jul.2020) — As U.S. sanctions scare away the world’s largest shippers from Venezuela’s oil industry, new players are willing to brave the heightened risks […]
Iran Sets Out Conditions For Renewed Talks With The US
(Argus, 24.Jun.2020) — Iranian president Hassan Rohani has reiterated Iran’s willingness to resume talks with the US, but only if Washington apologises for withdrawing from […]
Iran To Keep Offloading Fuel Glut To Venezuela
(Reuters, 15.Jun.2020) — Iran could send two to three cargoes a month in regular gasoline sales to ally Venezuela, sources say, helping offload domestic oversupply […]
Shipping Magnate Faces US Sanctions Probe
(Reuters, 12.Jun.2020) — The United States is investigating a Venezuelan shipping magnate for possibly violating U.S. sanctions by bringing fuel to gasoline-short Venezuela, according to […]
Petrobras To Not Hire Tankers That Visited Venezuela
(Reuters, 12.Jun.2020) — Brazil’s Petroleo Brasileiro SA has told shippers it will not hire any tankers that have visited Venezuela in the past 12 months, […]
Iran’s Message To US With Venezuela Oil Shipments
(Financial Times, 4.Jun.2020) — For the Islamic republic, it was a mission fraught with risk: send five Iranian-flagged fuel tankers through some of the world’s […]
Iran’s 4th Fuel Tanker Nears Venezuelan Waters
(Fars News Agency, 28.May.2020) — Iran’s fourth tanker full of gasoline has entered the Caribbean and is close to the Venezuelan territorial waters. Venezuelan armed […]
Venezuelan Oil Plan Runs Aground
(Argus, 8.May.2020) — A sweeping proposal to draw investment into an Opec nation would normally turn some heads. That is what Venezuela’s US-backed political opposition […]
Trump Tells Chevron To “Wind Down” In Venezuela
(AP, 21.Apr.2020) — The Trump administration on Tuesday ordered Chevron Corp. to “wind down” operations in Venezuela by Dec. 1, barring the California-based oil giant […]
The Unexpected Holdout To A Global Oil Production Deal
(Bloomberg, 10.Apr.2020) — One of the most dramatic global oil production agreements in history has been left hanging on the approval of an unlikely character: […]
Venezuela Gasoline Shortages Worsen
(Reuters, 8.Apr.2020) — Gasoline shortages in Venezuela are worsening after U.S. officials have told foreign firms to refrain from supplying the fuel to the sanctioned […]
Crisis Stricken Venezuela Faces Mounting Pressure
(Oilprice.com, 6.Apr.2020) — Over the past weeks, the Trump Administration has tightened the noose around Nicolas Maduro’s regime, increasing pressure on the country sitting on […]
Venezuela’s Oil Output Falls To Five-month Low
(Reuters, 30.Mar.2020) — Venezuela’s crude production ended last week at around 670,000 barrels per day (bpd), according to documents seen by Reuters and two people […]
Trump Wants Pressure Raised On Maduro
(Bloomberg, 21.Feb.2020) — President Donald Trump is frustrated that pressure is building too slowly on Venezuelan President Nicolas Maduro and is still considering military options […]
US Blacklists Rosneft Unit
(Reuters, 18.Feb.2020) — The United States on Tuesday tightened financial restrictions on Venezuela, blacklisting a subsidiary of Russian state oil major Rosneft that President Donald […]
Venezuela, Rosneft and US Sanctions Complications
(S&P Global Platts, 18.Feb.2020) — US efforts to starve Venezuela’s Maduro regime of oil revenues have substantially increased the role of Russian energy in the […]
Trinidad Cancels Gas Deal Over US Sanctions
(Aljazeera, 3 Feb 2020) — Trinidad and Tobago has cancelled an agreement with Venezuela for the joint development of a natural gas field straddling their […]
Rosneft Undermining US Plans In Venezuela?
(Atlantic Council, Matthew Bryza, 27.Nov.2019) — US President Donald Trump is conducting policies of “maximum pressure” on two countries, Venezuela and Iran. In Venezuela, Russia’s […]
Guaido Team Proposes Truce To PDVSA Bondholders
(Reuters, Marianna Parraga and Corina Pons, 18.Oct2019) — Venezuela’s opposition last week sent holders of state oil company PDVSA’s 2020 bond a proposal to suspend […]
Venezuela’s Prize Oil Asset May Soon Be Up For Grabs
(Oilprice.com, Tsvetana Paraskova, 16.Oct.2019) — Venezuela’s opposition is getting ready to file within days a lawsuit in the United States seeking to prevent bond holders […]
CITGO Key To Trump’s Venezuela Strategy
(Forbes, Ariel Cohen, 8.Oct.2019) — At last month’s United Nations General Assembly, the Lima Group, the U.S.-led coalition of 14 countries in the Americas seeking […]
Energy Cos Caught In Spat Over Venezuela Sanctions
(Chron, Sergio Chapa, 7.Oct.2019) — Frequent power outages, theft of equipment, a political tug-of-war and billions of dollars in losses would seem to signal to […]
Bolton Exit Shifts Oil Market Outlook
(Bloomberg, Lucia Kassai and David Wethe, 10.Sep.2019) — The firing of U.S. National Security Advisor John Bolton gave oil markets some near-term supply comfort, while […]
U.S. Expands Sanctions Against Venezuela
(WSJ, Vivian Salama, 6.Aug.2019) — The Trump administration imposed a total economic embargo against the government of Venezuela, a significant escalation of pressure against the […]
Trump Imposes New Curbs In Bid To Pressure Maduro
(Bloomberg, 6.Aug.2019) — President Donald Trump imposed further sanctions on Venezuela, freezing the government’s assets in the U.S. and adding immigration restrictions in a move […]
Trump Govt Split Over Chevron’s Venezuela License
(Reuters, Timothy Gardner, 26.Jul.2019) — The Trump administration is split over whether to renew a license this week for energy company Chevron Corp’s operations in […]
Chevron To Keep Drilling In Venezuela Despite Sanctions
(Reuters, 26.Jul.2019) — The administration of United States President Donald Trump said on Friday that it has renewed Chevron Corp’s licence to drill for oil […]
Chevron In Crosshairs As Trump Exerts Maximum Pressure On Maduro
(Bloomberg, Kevin Crowley, Lucia Kassai and Kevin Cirilli, 25.Jul.2019) — Pressure is mounting on U.S. President Donald Trump to end Chevron Corp.’s 100-year presence in Venezuela […]
Chevron Call To Chart Venezuela Sanctions
(Argus, 25.Jul.2019) — A US government decision over Chevron’s expiring license to work in Venezuela is the first test of its willingness to ease sanctions […]
Qatar Petroleum And Chevron Ink Deal For Mega US Petrochemical Plant
(Qatar Petroleum, 10.Jul.2019) — Qatar Petroleum has signed an agreement with Chevron Phillips Chemical Company LLC to develop a new world-scale petrochemical project in the […]
Chevron Seeks Relief From Trump’s Venezuela Oil Sanctions
(Bloomberg, Fabiola Zerpa, Peter Millard and Kevin Crowley, 2.Jul.2019) — Chevron Corp. is lobbying the U.S. for sanctions relief so it can continue doing business […]
Venezuela Reshifts Oil Output
(Reuters, Marianna Parraga and Luc Cohen, 28.Jun.2019) — Venezuelan state oil firm PDVSA is revamping one of its major processing operations geared to supplying U.S. […]
Oil Tops $73/bbl Then Pares Gains As Venezuela’s Maduro Claims Support
(Reuters, Collin Eaton , 30.Apr.2019) — Oil prices rose on Tuesday above $73 a barrel but then eased off the session high after Venezuela’s president […]
Finnish Refiner Neste Hit By Venezuela Oil Sanctions
(Reuters, Tarmo Virki, 26.Apr.2019) — Finnish biofuel producer and oil refiner Neste reported a bigger than expected fall in quarterly profit on Friday, with U.S. […]
On South America’s Largest Solar Farm, Chinese Power Radiates
(Reuters, Cassandra Garrison, 23.Apr.2019) — In an arid, lunar-like landscape in the sunny highlands of northern Argentina, South America’s largest solar farm is rising, powered […]
New U.S. Sanctions Seek To Block Venezuelan Oil Shipments To Cuba
(NYT, Annie Karni and Nicholas Casey, 5.Apr.2019) — The Trump administration announced on Friday its latest round of economic sanctions against the government of President […]
Citgo Reports Higher Exports, Crude Throughputs
(Argus, 1.Apr.2019) — Citgo increased fuel exports and domestic crude processing last year, the company said in rare public guidance on the Venezuelan-controlled independent refiner’s […]