CARACAS, VENEZUELA (By Piero Stewart, Editores Latin Petroleum, 20.Aug.2026, Words: 284) â FETRAENERGĂA denounced alleged labor rights violations affecting NABEP workers in operations carried out under the productive participation contract (CPP) […]
Tag: Ivan Freites
Opinion: Delcyâs red helmet … “PDVSA es roja rojita”
BOGOTĂ, COLOMBIA (By IvĂĄn Freites Chirino, 15.Feb.2026, Words: 215) â The visit of the US secretary of energy Chris Wright to Venezuela confirms something obvious: our country remains strategic in […]
Opinion: The [Venezuelan] nationalization of oil is dead, long live capitalism!
BOGOTĂ, COLOMBIA (By IvĂĄn Freites Chirino, 24.Jan.2026, Words: 414) â The state’s control of the hydrocarbon industry has come to an end, after 51 years of what was known as […]
CRP takeover by the Chinese: this is not a “cuento chino” or “Chinese tale” [charts attached]
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 17.May.2025, Words: 528) â This is not a “cuento chino” or “Chinese tale” starring Argentine actor Ricardo Darin. Venezuela has already signed […]
PDVSA’s domestic refineries producing only around 230,000 b/d
CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 18.Feb.2024, Words: 130) â Venezuelaâs state-owned oil giant PetrĂłleos de Venezuela (PDVSA), which has a total processing capacity of 1.303 million b/d from […]
Could A Controversial Chevron Deal Be A Prelude To Venezuelaâs Oil Renaissance?
(Forbes, 2.Dec.2022) â A video that state-owned oil giant PetrĂłleos de Venezuela posted to its Twitter feed this week shows a jovial meeting between Oil Minister Tarek El Aissami and […]
NRGBriefs: Venezuela Receives 185 Mbbls from Iran; Pemex, Exxon 1Q:22 Conf. Calls
(Energy Analytics Institute, 25.Apr.2022) â Energy briefs including Venezuela reportedly receiving 185,000 barrels of 29-degree API petroleum from Iran; Pemex plans to host a conference call on 2 May 2022 […]
NRGBriefs: YPF’s 3Q:21 webcast, PGF’s global notes
(Energy Analytics Institute, 30.Sep.2021) â Energy briefs including Argentinaâs YPF announcing details of its 3Q:21 webcast, Petrobras Global Finance B.V. (PGF) on settlement of early redemption of global notes, and […]
LatAm Briefs: Chile’s Green Plans, Venezuelan Oil Output
(Energy Analytics Institute, 29.Jun.2021) â Energy briefs from the Latin America and Caribbean region including: Chile and Germany inking a green hydrogen deal, EP PetroEcuador reaching an agreement with the […]
Venezuela’s Oil Unions Accuse Govt Of Persecution
(AFP, 23.Dec.2020) â Venezuela’s vital oil industry is failing and the socialist government is feeling the pressure, and now the regime of President Nicolas Maduro is being accused of lashing […]
Venezuela Producing Around 450,000 b/d
(Energy Analytics Institute, 1.Dec.2020) â Venezuela is said to be producing around 450,000 barrels per day and exporting more with the assistance of Chinese and Russians companies lifting the South […]
Venezuela Briefs: Black Mkt Gasoline; Diesel Demand
Energy briefs from Venezuela on prices for black market gasoline reaching $11.36/gal and refineries owned by PDVSA only producing enough diesel to cover 25% of domestic demand.
PDVSAâs Cardon Refinery Halts Operations
(Energy Analytics Institute, 20.Oct.2020) â PetrĂłleos de Venezuelaâs Cardon refinery in Punto Fijo has once again halted operations. The stoppage impacts the recently restarted production of gasoline. âRefinery conditions are […]
Fuel Shortages Persist Across Venezuela
(Energy Analytics Institute, 10.Oct.2020) â Venezuela continues to suffer from severe shortages of fuel from gasoline to diesel and across the entire country despite the recent arrival of three Iranian […]
Venezuela Producing 345,000 B/D: Oil Official Freites Says
(Energy Analytics Institute, 23.Sep.2020) â Crude oil production in Venezuela, home to arguably the worldâs largest oil reserves, has fallen to around 345,000 barrels per day (b/d), according to comments […]
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 […]
PdV Restarts Coker For Export Via Cuba
(Argus, 20.May.2020) â State-owned PdV has partially restarted a 70,000 b/d delayed coker which had been off line for over a year at its 305,000 b/d Cardon refinery, three PdV […]
Venezuela’s Oil Output Falls To Five-month Low
(Reuters, 30.Mar.2020) â Venezuelaâs crude production ended last week at around 670,000 barrels per day (bpd), according to documents seen by Reuters and two people with access to output data, […]
Guaido Sacks Colombia Envoy, Oil Boss Freites Quits
(Argus, 27.Nov.2019) â Another prominent figure in Venezuela’s US-backed parallel administration has abruptly departed and an oil union leader has quit the main opposition political party in the latest signs […]
Venezuela Ships Petcoke Cargo To Cuba
(Energy Analytics Institute, Piero Stewart, 25.Nov.2019) â OPEC member country Venezuela reportedly shipped a cargo of petroleum coke to Cuba valued at an estimated $1.7 million, according to sources in […]
LatAmNRG Briefs and Heard On the Street: Guyana, Venezuela, Chile, Peru
(Energy Analytics Institute, Jared Yamin and Piero Stewart, 2.Aug.2019) â LatAmNRG briefs and heard on the street related to Sempra Energy’s divestments in South America, Tullow Oil plcâs three well […]
Venezuela’s Hydrocarbon Sector Incurring Weekly Accidents
(Energy Analytics Institute, Piero Stewart, 28.Oct.2018) â Petroleum sector accidents and oil spills in Venezuela have become an almost regular occurrence. Between two and three accidents are happening each per […]
Venezuela: Oil Producerâs Slump Reflects Nationâs Decline
(Ft.com, Gideon Long, John Paul Rathbone, 28.Oct.2018) â Gideon Long in Caracas and John Paul Rathbone in Washington October 28, 2018 Print this page 95 In the lobby of the […]
Oil, Electric Sectors to Join Venezuelan Strike
(Energy Analytics Institute, Piero Stewart, 23.Jul.2018) â Representatives from trade unions from the oil, electricity, food, education and health sectors announced plans to join a national strike called by opposition […]
Union Official Demands Release of PDVSA Workers
(Energy Analytics Institute, Piero Stewart, 23.Jul.2018) â The four workers are being held in detention due to accusations they caused a petroleum spill in the Guarapiche River in Monagas state. […]
PetroChina, Rosneft Leave Venezuela Refining Projects
(Kallanish Energy, 28.Mar.2018) â Chinese and Russian state oil companies PetroChina and Rosneft will not pay the costs of repairing and modernizing Venezuelaâs CardĂłn and Amuay refineries for PDVSA, according […]
PDVSA to Shut Three of Four Refineries Indefinitely: Platts
(Platts, 22.Mar.2018) â PDVSA is planning to close three of its four large refineries in Venezuela indefinitely due to of lack of crude to process and because the state company […]
PDVSA Collective Contract Eliminates 8 Hour Shifts
(Energy Analytics Institute, Piero Stewart, 19.Mar.2018) â A new collective contract signed by PDVSA on 14 March 2018 eliminates 8 hour shifts and work lunch rooms, reported the newspaper El […]
PDVSAâs Domestic Refining Utilization Falls
(Energy Analytics Institute, Aaron Simonsky, 16.Jan.2017) â Refining utilization rates at PDVSAâs six domestic refineries averaged 30.7 percent in 2016 owing to permanent and temporary plant shut downs, and continued […]
PDVSA Falsely Accusing Innocent Workers
(Energy Analytics Institute, Piero Stewart, 14.Sep.2015) â PDVSA is falsely accusing innocent workers of smuggling fuel, according to an oil union official. âBy falsely accusing innocent PDVSA workers of smuggling […]