(Miami Herald, 16.Jun.2023) â Itâs official: The Venezuelan regime will pick a new electoral tribunal to oversee the 2024 presidential elections, and â guess what! â its members will be effectively picked by none other than dictator NicolĂĄs Maduroâs wife. The dictatorship apparently decided to rig next yearâs elections ahead of […]
Tag: Juan Guaido
Exiled Venezuela Lawmakers Chosen to Lead Anti-Maduro Fight
(AP, 5.Jan.2023) â Venezuelaâs opposition has selected an all-female team of mostly unknown exiled former lawmakers to replace the beleaguered Juan GuaidĂł as the face of its faltering efforts to remove socialist President Nicolas Maduro. Last week, politicians who were elected to the National Assembly in 2015 voted to oust GuaidĂł […]
Are Talks Over Detained Americans Slowing the Fight for Democracy in Venezuela?
(CNN, 16.Aug.2022) â A growing number of US citizens are being detained in Venezuela — and though exactly how many is unknown, the detentions could give authoritarian leader Nicolas Maduro leverage in frosty relations with Washington. Since 2019, the US and dozens of other countries around the world have said they do […]
US Officials Return to Venezuela Amid Gas Price Hike
(AP, 27.Jun.2022) â Senior U.S. government officials have quietly traveled to Caracas in the latest bid to bring home detained Americans and rebuild relations with the South American oil giant as the war in Ukraine drags on, forcing the U.S. to recalibrate other foreign policy objectives. A U.S. State Department […]
NRGBriefs: Marathon’s Equatorial Guinea Output; Murphy on Brazil and Mexico
(Energy Analytics Institute, 4.May.2022) â Energy and political briefs including Marathon Oil reporting 1Q:22 production from Equatorial Guinea of 64 net Mboe/d; the US providing over $6mn in additional humanitarian assistance to support Venezuelan refugees and migrants, and their host communities in Chile; and US Department of State Assistant Secretary […]
NRGBriefs: Colombia Commences Two Green Hydrogen Pilots [PDF Download]
(Energy Analytics Institute, 18.Mar.2022) â Energy briefs including Colombia commencing operations at the first of two green hydrogen pilots in Cartagena; Ecopetrol announcing plans to be producing 1 million tons of hydrogen by 2040; former Brazilian President Luiz InĂĄcio Lula da Silva saying that in the eight yrs of his […]
US sanctions on Venezuela and what they donât tell you: Luis Vicente LeĂłn
CARACAS, VENEZUELA (By Piero Stewart, Energy Analytics Institute, 18.Mar.2022, Words: 341) â Datanalisis president Luis Vicente LeĂłn commented on social media about the rumors around an easing of US sanctions on Venezuela as well as why Venezuela’s President NicolĂĄs Maduro is benefitting the most from Washington’s current restrictions. Excerpts from […]
Defaulted Venezuela Bonds Are Luring Buyers Betting on US Deal
(Bloomberg, 18.Mar.2022) â A bond that trades at 10 cents on the dollar is about as distressed as distressed gets. And yet in Venezuela, which has been mired in default for years, when prices ticked higher around that level this week, it marked a sudden sign of growing optimism. As […]
NRGBriefs: Juan GuaidĂł Reiterates Call For âFree and Fairâ Elections in Venezuela
(Energy Analytics Institute, 17.Mar.2022) â Energy briefs including Venezuelaâs opposition leader Juan GuaidĂł saying the solution to the Venezuelan tragedy is âfree and fairâ elections; Uranium Energy Corp (NYSE American: UEC) reporting in accordance with NYSE American requirements its Form 10-Q; and Trilogy Metals Inc. (TSX: TMQ) (NYSE: TMQ) announcing the 4th […]
Engaging Venezuela Is Worth the Gamble
(Bloomberg, 15.Mar.2022) â A more realistic policy toward the Maduro regime would free up oil supplies and weaken Russian influence. In a bid to ease pressure on global energy supplies, the U.S. has opened talks with the government of Venezuelan leader Nicolas Maduro, which could lead to the lifting of some […]
US Extends Citgo Protection
(AFP, 21.Jan.2022) â The US Treasury on Thursday extended by one year a rule that shields Citgo, a US-based unit of Venezuela’s state-owned oil company PDVSA, from being seized by creditors, the department said. The Houston-based company has been controlled by parties opposed to the government of President Nicolas Maduro since […]
State Win for Venezuelaâs Opposition Masks Deeper Problems
(Al Jazeera, 11.Jan.2022) â Despite a symbolic victory in Hugo Chavezâs home state, analysts say the opposition has few options left. Venezuelaâs opposition has won an important symbolic battle in securing the governorship in Barinas State, but analysts say they are still losing the broader political war with government forces. On […]
NRGBriefs: Buenos Aires Power Outages
(Energy Analytics Institute, 3.Jan.2022) â Energy briefs including power outages in Buenos Aires, Argentina; Brazilian fuel distributors supplying 1.3bn liters of biofuels in the 1Q:22; Venezuelaâs opposition-led National Assembly deciding to back Juan GuaidĂł for another yr; and more. LATIN AMERICA AND THE CARIBBEAN Argentina — Residents in various sectors […]
Venezuela Asset Debacle Splits GuaidĂł Camp
(Argus, 2.Nov.2021) â Two major Venezuelan opposition parties today voted against a decree issued by US-backed shadow parliamentary leader Juan GuaidĂł, an unprecedented rupture that foreshadows the expiry of his constitutional claim to an interim presidency in January 2022. Decree number 38, which GuaidĂł first presented in early October, called for […]
Venezuela Talks Suspended In Mexico City
(AP, 24.Sep.2021) â The latest round of negotiations between Venezuelaâs government and the countryâs opposition were suspended Friday when the governmentâs delegates failed to appear in Mexico City. Two sources tied to the process confirmed that the first session of this round of talks had been suspended. They hoped to […]
Venezuela Negotiations By Eric Farnsworth
(AS/COA, 12.Aug.2021) â A new round of negotiations is set to start on Friday, August 13, in Mexico between representatives of the de facto regime of NicolĂĄs Maduro and the interim administration of Juan GuaidĂł. This is not the first time negotiations have been attempted, and expectations for meaningful democratic progress are modest. AS/COA Vice President Eric Farnsworth breaks down […]
LatAm Briefs: Argentine Output, Colombian Renewables
(Energy Analytics Institute, 22.Jul.2021) â Energy briefs from the Latin America and Caribbean region including: daily production details from Argentinaâs NeuquĂ©n region to 13 renewable projects identified by Colombiaâs Ecopetrol and more. Argentina — Daily production in Argentinaâs NeuquĂ©n region reached a record 193,000 barrels per day, the highest volume […]
Trump Hits Venezuela With Sanctions
(AP, 19.Jan.2021) â The Trump administration issued a parting shot at Venezuelan President NicolĂĄs Maduro on Tuesday, announcing a sweeping round of stiff financial sanctions that target a network accused of moving oil on behalf of the presidentâs alleged frontman. In a sign of future U.S. policy toward Venezuela, President-elect […]
Venezuela Orders Arrest Of New Citgo Board Member
(Reuters, 18.Jan.2021) â Venezuelan authorities issued an arrest warrant for a new member of the board of directors of U.S.-based refining firm Citgo Petroleum Corp named by the opposition this month, chief prosecutor Tarek Saab said on Monday. Saab said Jose RamĂłn Pocaterra was âillegally designatedâ to the board of […]
Judge Approves Citgo Parent Share Sale
(Argus, 14.Jan.2021) â Venezuela inched closer to losing control of its US refining subsidiary Citgo today after a federal judge began crafting a sale process for shares of its controlling company to pay off the country’s international debts. The court will move forward with the process of selling shares of […]
EU’s Declaration On Backing Venezuela’s Juan Guaido
(EU Council, 6.Jan.2021) â The Venezuelan elections of 6 December 2020 for the National Assembly regrettably went ahead without a national agreement on electoral conditions. The European Union considers that the elections failed to comply with the international standards for a credible process and to mobilise the Venezuelan people to […]
EU, Lima Group Sour On Juan Guaido
(Argus, 6.Jan.2021) â The EU and the Lima Group of Latin American countries and Canada have implicitly dropped support for Venezuelan opposition leader Juan Guaido as Venezuela’s interim president, portending a policy shift in Washington as well. The EU now views Guaido and the opposition-led “outgoing” National Assembly as just […]
Venezuela’s New National Assembly Steps In
(Energy Analytics Institute, 5.Jan.2021) â Venezuelaâs new National Assembly, elected in parliamentary elections on 6 December 2020, assumed power today in Caracas. Jorge Rodriguez will take over as the leader of the assembly, after unseating former assembly leader Juan Guaido, whose party boycotted the 6 December vote as they perceived […]
Carlos Vecchio Says GuaidĂł Govt Saved Citgo
(Energy Analytics Institute, 29.Dec.2020) â Houston-based refiner Citgo Petroleum, owned by Venezuela’s state oil and gas company PetrĂłleos de Venezuela (PDVSA), continues to benefit from US legal actions to extend protection from creditors until July 2021, says Carlos Vecchio, the Venezuela’s ambassador to the US under the government of opposition […]
Biden Presidency To Reset US Sanctions Focus
(Argus, 14.Dec.2020) â Washington’s failure in the past two years to force regime change in Caracas by means of severe sanctions gives the incoming US administration of president-elect Joe Biden an opportunity to try a more diplomacy-focused approach. Biden’s policy goal for Venezuela â ensuring a free and fair election […]
Venezuelan Opposition Fills PdV Chair On Election Eve
(Argus, 7.Dec.2020) â Venezuela’s opposition-controlled National Assembly named another oil industry veteran to chair a shadow board of Venezuela’s national oil company PdV. The key appointment comes on the eve of tomorrow’s disputed National Assembly elections that are widely expected to cement the power of President Nicolas Maduro. The US-backed […]
Venezuela’s New Assembly To Battle Sanctions
(Argus, 7.Dec.2020) â Venezuela’s National Assembly elections yesterday thrust the Opec country’s last democratic institution under the thumb of President Nicolas Maduro, who has defied US oil sanctions for close to two years. The US-backed opposition led by Juan Guaido boycotted the elections, and abstention was estimated at around 80pc. […]
Venezuelans Vote In Legislative Election
(Al Jazeera, 6.Dec.2020) â Venezuelans voted on Sunday in legislative elections set to tighten President Nicolas Maduroâs grip on power and weaken his US-backed rival, Juan Guaido, who is leading a boycott of the polls he calls a fraud. Victory will give Maduroâs governing Socialist Party control of an expanded […]
Venezuelaâs Parliamentary Election: Change Expected
(Energy Analytics Institute, 6.Dec.2020) â Venezuelaâs National Assembly leader and Interim President Juan Guaido could be coming to the end of his short two-year reign this 6 December 2020 as the country its holds parliamentary election and selects a new leader to preside over the institution. Decisions by numerous factions […]
Dems Statement Ahead Of Elections In Venezuela
(US Senate, 4.Dec.2020) â US Senate Foreign Relations Committee Ranking Member Bob Menendez (D-N.J.) and Senate Democratic Whip Dick Durbin (D-Ill.) issued the following statement denouncing the Maduro regimeâs sham elections scheduled to take place on Sunday, December 6. âFor nearly two years, world leaders have stood in solidarity with […]
Latin America Peers Warily Into US Election Mirror
(Argus, 30.Oct.2020) â The region’s recovery from Covid-19 will depend heavily on who is dictating US policy, writes Patricia Garip. Waves of political chaos that recurrently engulf Latin America were not supposed to wash up on stable US shores. Yet days before the 3 November election, the US is convulsed […]
Citgo-backed Bonds Boosted By US Court Ruling
(Reuters, 19.Oct.2020) â Bond market brokers marked up prices on some of Venezuela’s battered debt more than four-fold on Monday after a U.S. judge dealt a major blow to opposition leader Juan Guaido’s efforts to have them declared invalid. The bonds at the centre of the row belong to Venezuelan […]
Attack On Venezuela Refineries A Playbook US Regime Change Scenario
(Sputnik, 14.Sep.2020) â In the last two years, Venezuela has thwarted a coup attempt organised by opposition leader Juan Guaido, one attempt to kidnap President Nicolas Maduro, and energy outages reportedly caused by sabotage. These events were linked by Caracas directly or indirectly to the US, which has been seeking […]
PdV Ad Hoc Chairman Joins Opposition Flight
(Argus, 9.Sep.2020) â The chairman of the Venezuelan opposition’s “ad hoc” board of national oil company PdV has joined a flight of exiled technocrats from the ranks of a struggling US-backed parallel administration led by Juan Guaido. Luis Pacheco, who was named in April 2019, has focused his board efforts […]
Venezuelan Opposition Politician Backs Elections
(Wall Street Journal, 2.Sep.2020) â A prominent Venezuelan opposition figure on Wednesday said he is supporting congressional elections in December that Juan GuaidĂł, the opposition leader backed by the U.S., has pledged to boycott. The decision by Henrique Capriles to support the elections is a major fissure in a movement […]
Venezuela Faces Possibility Oil Output Drops To Zero
(Oilprice.com, 1.Sep.2020) â Venezuela once considered one of Latin Americaâs prosperous countries has plunged into the abyss. Years of economic mismanagement, cronyism and corruption have sparked a monumental economic collapse which saw the oil rich country become one of the poorest in South America. There are emerging signs that Venezuela […]
Maduro Pardons Political Prisoners Ahead Of Vote
(Bloomberg, 31.Aug.2020) â Venezuelaâs President Nicolas Maduro issued a surprise decree pardoning more than 100 of his opponents as a concession ahead of upcoming congressional elections. Former National Assembly Vice President Freddy Guevara and Roberto Marrero, opposition leader Juan Guaidoâs chief of staff, are among more than two dozen lawmakers […]
Russia Is Winning The Battle For Venezuelaâs Oil
(Oilprice.com, 24.Aug.2020) â In just over a year Venezuela, and the push to oust socialist leader President Nicolas Maduro, has gone from being one of the worldâs hottest news headlines to obscurity. The popularity of Venezuelan opposition leader Juan GuaidĂł is waning. As the December 2020 election date for Venezuelaâs […]
Trump Seeks To Slap More Sanctions On Venezuela
(Oilprice.com, 19.Aug.2020) â The U.S. federal government is considering more sanctions to add to a list aimed at severing the lifeline between the Venezuelan government and oil revenues that, according to Washington, are the only thing keeping Nicolas Maduro in power. Bloomberg reports, citing unnamed sources familiar with the situation, […]
Trump Govt Weighs Tighter Sanctions On Venezuelan Oil
(Bloomberg, 18.Aug.2020) â The Trump administration is considering additional sanctions on Venezuela aimed at halting the remaining fuel transactions permitted with the South American nation, according to people familiar with the matter. The measures could target crude swaps with companies in Asia and Europe, said the people, who requested anonymity […]
Joint Support Declaration For Change In Venezuela
(US State Department, 14.Aug.2020) â The text of the following declaration was released by several members of the Lima Group, the International Contact Group, the European Union, the United States, and others. Begin text: We, a group of concerned countries including members of the Lima Group, the International Contact Group, […]
New Players Emerge In Venezuela Amid Sanctions
(AP, 13.Jul.2020) â As U.S. sanctions scare away the worldâs largest shippers from Venezuelaâs oil industry, new players are willing to brave the heightened risks and help keep socialist leader Nicolas Maduro afloat, according to a new report. In the first year since the Trump administration imposed crushing economic sanctions […]
Politics Entangling Exile PdV Board
(Argus, 1.Jul.2020) â An “ad hoc” board of state-owned PdV that is a key part of US-backed opposition leader Juan Guaido’s parallel administration is running into political resistance in the run-up to National Assembly elections in early December. Ten deputies in the opposition-controlled assembly withheld support for three board appointments […]
Russia Backs Venezuela In Fight Against US
(Newsweek, 24.Jun.2020) â Russia vowed to support Venezuela in its campaign to counter U.S.-backed regime change after the Pentagon sailed warships nearby in the Caribbean to challenge the Latin American country. On Wednesday, Russian Foreign Minister Sergey Lavrov called Venezuela his country’s “reliable friend both in Latin America and in […]
Guaido Team Favoring COP In Citgo Fight
(Argus, 19.Jun.2020) â Another senior Venezuelan opposition figure has resigned following the government’s leak of a strategy to favor ConocoPhillips in an escalating battle for Venezuelan state-owned PdV’s US refining unit Citgo. Jose Ignacio Hernandez, who held the title of special attorney general in opposition leader Juan Guaido’s US-backed exiled […]
Opposition Asks Court To Recognize Citgo Changes
(Argus, 18.Jun.2020) â Venezuelan ownership of the country’s most valuable overseas asset may rest on opposition leadership convincing a US court that it restored refiner Citgo’s independence and remains a US foreign policy priority. Attorneys for Venezuela’s US-recognized opposition government argued yesterday that National Assembly leader Juan Guaido halted actions […]
Guaido Team Promises Fuel Surge In Venezuela
(Argus, 8.Jun.2020) â Venezuela’s US-backed political opposition is promising to restore stable fuel supply in two weeks if it takes power, kicking off with crude-for-products swaps. In an initial stage, such swaps would be carried out with Citgo, the US refining arm of Venezuela’s US-sanctioned national oil company PdV. Gasoline […]
Iranâs Message To US With Venezuela Oil Shipments
(Financial Times, 4.Jun.2020) â For the Islamic republic, it was a mission fraught with risk: send five Iranian-flagged fuel tankers through some of the worldâs most crucial maritime gateways to cash-strapped Venezuela without being stopped by the Americans. With the shipment, Iran intended to send a clear message: that it […]
Q&A: PdV Exile Board Has âLeversâ To Keep Citgo
(Argus, 28.May.2020) â Luis Pacheco is chairman of a parallel board trying to exert control over the future of Venezuela’s state-owned PdV. Appointed by the National Assembly led by opposition leader Juan Guaido, Pacheco and other key members of Guaido’s team are fighting to keep the company’s US refining arm […]
PdVâs Board Of Exiles Loses Two Technocrats
(Argus, 21.May.2020) â Two members of the parallel board of Venezuela’s national oil company PdV have resigned, a development that exposes brewing frustration in the exiled technical ranks of US-backed opposition leader Juan Guaido. In a letter dated and made public today, the “ad hoc” board of the state-owned company […]