(Chron.com, Jordan Blum, 11.Feb.2019) — Struggling Venezuela already is producing oil at a multi-decade low, but the socialist nation's crude output could fall another 50 percent by 2020, further imperiling...
(Industrial Info, 11.Feb.2019) — Crude oil prices rose by a few dollars per barrel in the days after the U.S. imposed sanctions on Venezuela’s oil industry January 28. But those...
(AP, Alexandra Olson, 9.Feb.2019) — The U.S. and dozens of other countries may have declared that Nicolas Maduro is no longer the legitimate president of Venezuela, but that has not...
(S&P Global Platts, 8.Feb.2019) — US sanctions imposed on Venezuela’s state-owned PDVSA could further support an already tight high sulfur fuel oil market in Europe, sources said. The European fuel...
(Reuters, 6.Feb.2019) — The United States has asked Brazil to consider lifting tariffs imposed on its ethanol exports and is hopeful of a positive outcome, a senior official at the...
(Fox Business, Brittany De Lea, 31.Jan.2019) — Venezuela’s opposition leader Juan Guaidó sits down with FOX Business’ Trish Regan to discuss the future of Venezuela and how long it will...
(Reuters, 30.Jan.2019) — More than 24 hours after the United States announced large-scale sanctions on Venezuela’s nationally owned oil company, merchant trading firms and refiners were still deciphering what the...
(Barron’s, Evie Liu, 29.Jan.2019) — New U.S. sanctions on Venezuela’s state-owned oil giant not only place more pressure on Venezuelan President Nicolás Maduro’s regime, but also on some U.S. refiners...
(CNN, Matt Egan, 29.Jan.2019) — The United States and Venezuela are going through a painful divorce that will have sweeping consequences for the global oil industry. US oil prices surged...
(CNN, Jack Guy, 29.Jan.2019) — Thousands took to the streets in Venezuela last week to demand the resignation of president Nicolas Maduro. Amid the protests, opposition leader Juan Guaidó declared...
(Bloomberg, Dhwani Pandya, Serene Cheong, and Debjit Chakraborty, 29.Jan.2019) — After the U.S. slapped sanctions on Venezuela’s state-owned PDVSA, which essentially add up to an oil ban, the market has...
(Reuters, 29.Jan.2019) — The United States imposed heavy sanctions on Venezuela’s oil industry on Monday, looking to cut off President Nicolas Maduro’s primary source of revenue. The sanctions limit transactions...
(Reuters, Deisy Buitrago and Mircely Guanipa, 28.Jan.2019) — Shock and fear swept through the headquarters of Venezuela’s state-owned oil firm, PDVSA, on Monday, employees said, after the United States imposed...
(Jamaica Gleaner, David Jessop, 27.Jan.2019) — Last Wednesday Juan Guaidó, the President of Venezuela’s National Assembly, took an informal oath of office and declared himself the country’s interim president. In...
(Jamaica Gleaner, 25.Jan.2019) — Russia, China, Iran, Syria, and Cuba have come down on one side. The United States, Canada, and countries in Western Europe are on the other. As...
(Reuters, Marianna Parraga and Corina Pons, 25.Jan.2019) — Venezuela’s most important foreign asset, its $10 billion U.S. refining arm Citgo Petroleum, is hunkering down to arm itself with a legal...
(Reuters, Devika Krishna Kumar, 24.Jan.2019) — Oil prices edged higher on Friday as political turmoil in Venezuela threatened to tighten crude supply, but concerns over surging U.S. fuel stocks and...
(Market Watch, Myra P. Saefong, 23.Jan.2019) — Venezuela’s political turmoil may lead to a near-term shortage of crude for some U.S. refiners. But in the long run, it could lead...
(Bloomberg, Lucia Kassai, Jennifer A Dlouhy, and David Marino, 23.Jan.2019) — The Trump administration has drafted a slate of sanctions but hasn’t decided whether to deploy them, said people familiar...
[caption id="attachment_6522" align="alignright" width="300"] Nicolas Maduro. Source: PDVSA[/caption] (Energy Analytics Institute, Piero Stewart, 23.Jan.2019) — The intention of the U.S. government is to expropriate Venezuela’s crude oil, gold, and natural...
(S&P Global Platts, 23.Jan.2019) — The US continues to consider sanctions on Venezuelan oil exports, potentially complicating a major source of crude for US Gulf Coast refiners, as key Trump...
(Oilprice.com, Irina Slav, 18.Jan.2019) — Refiners in the United States are stocking up on heavy crude, pushing prices higher, as the Trump administration prepares to slam more punitive measures on...
(Seeking Alpha, Carl Surran, 16.Jan.2019) — The White House National Security Council has told some U.S. refiners that sanctions on Venezuelan crude exports are under consideration, a signal that opposition...
(S&P Global Platts, 16.Jan.2019) — The White House National Security Council has told some US refiners that sanctions on Venezuelan crude exports are under consideration, a signal that opposition within...
(The Wall Street Journal, Kejal Vyas, 14.Jan.2019) — The U.S. is evaluating whether to impose tougher sanctions against Venezuela’s military and vital oil industry, a senior Trump administration official said...
(Jamaica Observer, 9.Jan.2019) — The Government of Jamaica has announced that it will take legislative action for ownership of the 49 per cent share in the local oil refinery, PetroJam,...
(Reuters, Luc Cohen and Brian Ellsworth, 7.Jan.2019) — Venezuelan state oil firm PDVSA [PDVSA.UL] has signed a deal with little-known U.S. energy firm Erepla that is part-owned by a prominent...
(Bloomberg, Lucia Kassai, 2.Jan.2019) — Venezuela, once Latin America’s largest oil exporter, ended 2018 with a whimper as overseas sales dropped to the lowest in nearly three decades. Home to...
(Newsweek, Kelly Wynne, 9.Dec.2018) — While the west battles itself over the reality of climate change, reasonable diesel tax and how to make their countries sustainable and eco-friendly, Costa Rica...
(Bloomberg, Nacha Cattan and Eric Martin, 1.Dec.2018) — After decades of waiting, Andres Manuel Lopez Obrador punctuated his arrival as Mexico’s president with a bang, delivering a blistering attack on...
(Forbes, Kenneth Rapoza, 31.Oct.2018) — Prognosis negative for Mexico. So says Fitch Ratings. After a no vote on a new airport was reached yesterday in a referendum that president-elect Andrés...
(Express, Ciaran McGrath, 30.Oct.2018) — Venezuela represents a “clear threat to regional stability” and a “direct challenge” to the United States, a senior US Government official has said, as the...
(Miami Herald, Andres Oppenheimer, 17.Oct.2018) — There is a major inconsistency in President Trump’s stand on Venezuela: He talks tough — and even makes veiled threats of a military intervention...
(Reuters, Roberta Rampton, 17.Oct.2018) — The United States plans to turn up sanctions pressure on Venezuela but sees less need to immediately target its energy sector, given sagging production from...
(Reuters, Marianna Parraga, 2.Oct.2018) — Repairs to a dock at Venezuela’s main oil export port will take at least another month to complete following a tanker collision more than a...
(Washington Examiner, 1.Oct.2018) — Meeting with the president of Chile at the White House on Friday, President Trump pledged to continue confronting humanitarian suffering in Venezuela. The president deserves credit...
(Bloomberg, Christopher Sell, 20.Sep.2018) — A global recession, both $140 and $30 oil, the U.S. shale revolution, a market-share war, and output cuts. OPEC’s 60-year history has rarely confronted a...
(Reuters, 28.Aug.2018) — Mexican president-elect Andres Manuel Lopez Obrador welcomed a deal between Mexico and the U.S. to overhaul the North American Free Trade Agreement (NAFTA) that he said preserved...
(Houston Chronicle, Katherine Blunt, 24.Aug.2018) — For years, U.S. producers have counted on Mexico to buy enormous quantities of natural gas from the prolific shale fields in West Texas and...
(The New York Times, Clifford Krauss, 20.Aug.2018) – More than a decade ago, Venezuela seized several oil projects from the American oil company ConocoPhillips without compensation. Now, under pressure after...
(S&P Global Platts, Brian Shield, 7.Aug.2018) – Just more than a year ago, it was not a question of ‘if’, but ‘when.’ As Venezuela’s leftist leader Nicolas Maduro consolidated power...
(MarketPlace.org, Lorne Matalon, 22.Jun.2018) – Antonio Godinez Vera makes his living turning golden kernels of Mexican corn into a mash that becomes tortillas. People like Godinez, a small business owner...