ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 20.Jul.2026, Words: 209) â The Venezuelan market has enormous potential for the development of financial solutions based on crypto assets. This, according to AsdrĂșbal R. Oliveros, director of Caracas-based economic and financial advisory firm EcoanalĂtica.
Tag: Ecoanalitica
Russia Emerges as Worldâs Most Sanctioned Country
(Energy Analytics Institute, 12.Apr.2022) â Russia is now the most sanctioned country in the world, after recently surpassing Iran, according to details released by Caracas-based consultancy Ecoanalitica. âRussia is the most sanctioned nation in the world, with much of its banking system frozen or kicked out of the global financial […]
NRGBriefs: Ecoanalitica Sees Venezuelaâs Oil Rising Between 31%-91% in 2022
(Energy Analytics Institute, 6.Apr.2022) â Energy briefs including Caracas-based Econanalitica is forecasting Venezuelaâs oil production and oil income will grow in 2022 vs 2021 under three different scenarios; Argentinaâs Economic Minister MartĂn GuzmĂĄn meeting with the Argentine Ambassador in Bolivia Ariel Basteiro to discuss issues related to a bilateral agenda […]
LatAm Briefs: Rio Negro Drilling, Ecuador Production
(Energy Analytics Institute, 5.Jul.2021) â Energy briefs from the Latin America and Caribbean region including: plans to reactivate 77 wells in Argentinaâs RĂo Negro region, EP PetroEcuador and Repsol Ecuador S.A. inking a deal for the use of a topping plant in Ecuador, Ecuadorâs production reached 491,497 b/d on 1 […]
LatAm Briefs: Ecopetrol’s Barrancabermeja Refinery, Venezuela Oil Forecast
(Energy Analytics Institute, 26.May.2021) â Energy briefs from the Latin America and Caribbean region including: loads reported steady at Ecopetrolâs Barrancabermeja Refinery; and Venezuelaâs production of crude oil expected to rise slightly in 2021, according to estimates revealed by Ecoanalitica. Ecopetrolâs Reports Steady Loads At Barrancabermeja Refinery The loads at […]
LatAm Briefs: Venezuela Oil Output, Ecopetrol Tactical Hedges
(Energy Analytics Institute, 5.May.2021) â Energy briefs from the Latin America and Caribbean region including: Venezuelaâs rising crude oil production and tactical hedges in place by Colombiaâs Ecopetrol. Venezuelaâs Oil Production Continues To Rise Venezuelaâs crude oil production continues to rise despite US sanctions that impede it legally trading oil […]
Venezuela Oil Production To Average 600,000 b/d In 2021
(Energy Analytics Institute, 9.Dec.2020) â Crude oil production from OPEC member Venezuela is expected to average 600,000 barrels per day in 2021, according to new estimates revealed by Ecoanalitica. The Caracas-based economic consultancy also expects Venezuelaâs oil basket price to average $37.50 per barrel in 2021. __________ By Piero Stewart. […]
Venezuela, In Historic Shift, Scales Back Fuel Subsidy
(WSJ, 31.May.2020) â The regime of NicolĂĄs Maduro, grappling with intense gasoline shortages, said it will scale back its longstanding fuel subsidy and privatize service stations, in a significant shift for Venezuelans long accustomed to filling up their cars free of charge. The measures, which take effect on Monday, are […]
Venezuela Gasoline Price Likely to Rise
(Energy Analytics Institute, Piero Stewart, 27.Jul.2018) â The price of gasoline in Venezuela is likely to increase. For some services such as gasoline, there will be a relative increase in price, reported the daily newspaper El National, citing EcoanalĂtica Director AsdrĂșbal Oliveros. âIt’s as if they were decreeing an unannounced […]
Falling Oil Output Squeezes Maduro Government
(Energy Analytics Institute, Piero Stewart, 27.Jul.2018) â The continued decline in Venezuelaâs oil production acts to squeeze the government of President Nicolas Maduro, says an Ecoanalitica executive. âThe fall in oil production puts more restriction on the government,” said Ecoanalitica Director Asdrubal Oliveros during an interview with Shirley Varnagy on […]
Venezuela Forgoes Nearly $30 Bln in Oil Revenues
(Energy Analytics Institute, Piero Stewart, 12.Jun.2018) â Venezuela will continue to forgo substantial oil revenues this year due to its collapsing production. In the last four years of the administration of Venezuelan President Nicolas Maduro, the countryâs oil production has fallen between 1.361 million barrels per day (MMb/d) according to […]