(AFPM, Chet Thompson, 22.Oct.2019) — In the last ten years the fracking revolution has led to amazing growth and vastly…
(Reuters, Jennifer Hiller, 21.Oct.2019) — The former chief of Chevron Corp’s Latin American operations is moving to raise $500 million…
(Reuters, Marianna Parraga and Corina Pons, 18.Oct2019) — Venezuela’s opposition last week sent holders of state oil company PDVSA’s 2020…
(Reuters, Marianna Parraga, 18.Oct.2019) — U.S. oil major Chevron Corp is scheduled this month to receive at least one cargo…
(S&P Global Platts, Brian Scheid and Rosemary Griffin, 17.Oct.2019) — Chevron is pushing back against the Trump administration’s plans to…
(Argus, 17.Oct.2019) — Venezuela’s main political opposition is pressing for a deal with foreign bondholders to suspend a looming $914mn…
(venezuelanalysis.com, 16.Oct.2019) — Venezuela’s CITGO could be seized by creditors. Venezuela’s opposition-held National Assembly (AN) passed a resolution Tuesday branding…
(Oilprice.com, Tsvetana Paraskova, 16.Oct.2019) — Venezuela’s opposition is getting ready to file within days a lawsuit in the United States…
(Reuters, Nidhi Verma and Marianna Parraga, 15.Oct.2019) — India’s Nayara Energy has been using Russian giant Rosneft as an intermediary…
(Argus, 15.Oct.2019) — Venezuela’s opposition-controlled National Assembly signaled to bondholders today that it will not honor a $914mn principal and…
(Reuters, Marianna Parraga, 9.Oct.2019) — Indian refiner Reliance Industries Ltd is scheduled to resume loading Venezuelan crude in October after a…
(Chron, Sergio Chapa, 7.Oct.2019) — Frequent power outages, theft of equipment, a political tug-of-war and billions of dollars in losses…
(White House Press Secretary, 25.Sep.2019) — Today, President Donald J. Trump and other United States officials hosted leaders from Western…
(Reuters, Mircely Guanipa and Marianna Parraga, 25.Sep.2019) — Venezuelan state oil company PDVSA ordered an increase in exports to ally…
(US Treasury, 24.Sep.2019) — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated four entities…
(US Treasury, 24.Sep.2019) — On September 24, the United States designated four companies that operate in Venezuela’s oil sector as…
(FT.com, Michael Stott and Henry Foy, 24.Sep.2019) — Threats of military invasion, sweeping economic sanctions, people power, recognition of a…
(Argus, 24.Sep.2019) — Venezuelan opposition leader Juan Guaido’s constitutional claim to the Opec country’s interim presidency could be undermined by…
(Argus, 6.Sep.2019) — Venezuelan president Nicolas Maduro ordered state prosecutors to lodge treason charges against opposition leader Juan Guaido for…
(Reuters, Marianna Parraga, 22.Aug.2019) — The two new top executives at Citgo Petroleum disclosed this week that net income in…
(Argus, 20.Aug.2019) — The Chinese government is so far showing no sign of curtailing its oil ties to Venezuela, despite…
(AP, 20.Aug.2019) — Parts of Venezuela’s capital and at least one state endured a power blackout on Tuesday lasting several…
(Reuters, By Luc Cohen, 15.Aug.2019) — Venezuela’s opposition-controlled congress is considering reforms to the country’s oil law that would open…
(Reuters, Luc Cohen, 14.Aug.2019) — Foreign joint venture partners with Venezuelan state-owned oil company PDVSA are concerned the latest set…
(WSJ, Vivian Salama, 6.Aug.2019) — The Trump administration imposed a total economic embargo against the government of Venezuela, a significant…
(Bloomberg, 6.Aug.2019) — President Donald Trump imposed further sanctions on Venezuela, freezing the government’s assets in the U.S. and adding…
(Platts, 6.Aug.2019) — The US escalated sanctions against Venezuela late Monday and may use the executive order to target crude…
(Oilprice.com, Tsvetana Paraskova, 5.Aug.2019) — Six U.S. executives at Citgo, the U.S. subsidiary of Venezuela’s state-held oil firm PDVSA, were…
(Reuters, Matt Spetalnick and Roberta Rampton, 5.Aug.2019) — U.S. President Donald Trump imposed a freeze on all Venezuelan government assets…
(Citgo, 2.Aug.2019) — A Delaware court affirmed the authority of the Guaido Government to make appointments to the Citgo Petroleum…
(Bloomberg, 1.Aug.2019) — Russian oil products are making their way to sanction-stained Venezuela, affording a reprieve for the Latin American…
(WSJ, Paulo Trevisani, 1.Aug.2019) — U.S. Commerce Secretary Wilbur Ross laid out a plan including credit and investment to help…
(Reuters, Timothy Gardner, 26.Jul.2019) — The Trump administration is split over whether to renew a license this week for energy…
(Bloomberg, Kevin Crowley, Lucia Kassai and Kevin Cirilli, 25.Jul.2019) — Pressure is mounting on U.S. President Donald Trump to end Chevron…
(Argus, 25.Jul.2019) — A US government decision over Chevron’s expiring license to work in Venezuela is the first test of…
(Ford Tanner, 23.Jul.2019) — Venezuela’s political crisis remains in stalemate. Escalating oil-sector sanctions imposed by the United States have contributed…
(Reuters, Marianna Parraga and Luc Cohen, 28.Jun.2019) — Venezuelan state oil firm PDVSA is revamping one of its major processing…
(Reuters, 26.Jun.2019) — A U.S. court will decide whether a board of directors appointed by Venezuelan President Nicolas Maduro or…
(Reuters, 19.Jun.2019) — An ad-hoc board of directors for U.S. oil refiner Citgo, named by Venezuelan opposition leader Juan Guaido,…
(AFP, 5.Jun.2019 ) — Maria Lopez complains about gasoline rationing that Venezuela — home to the world’s largest oil reserves…
(VOA, Martin Arostegui, 21.May.2019) — Spain’s Repsol, the last western oil giant with major operations in Venezuela, is leaving the…
(Bloomberg, Lucia Kassai, 20.May.2019) —Venezuela, which sits atop more oil than Saudi Arabia, has fallen behind three other Latin American…
(AP, Ralph Thomassaint Joseph, 17.May.2019) — When her daughter was 4 years old, Jennifer Jean started a small catering business…
(AFP, 17.May.2019) — The United States last Friday imposed sanctions on two shipping companies for delivering Venezuelan oil to ally…
(CNN, Allan Dodds Frank, 16.May.2019) — Venezuela’s future is in limbo, as its embattled president continues to fend off a…
(Reuters, Corina Pons and Mayela Armas, 16.May.2019) — Venezuela’s ad-hoc board of directors for state oil company PDVSA, appointed by…
(Oilprice.com, Tsvetana Paraskova, 14.May.2019) — U.S. Secretary of State Mike Pompeo and Russian President Vladimir Putin are meeting on Tuesday…
(Energy.gov, 13.May.2019) — Today, U.S. Secretary of Energy Rick Perry was in Bogotá, Colombia for the Concordia Americas Summit, a…
(Reuters, Collin Eaton , 30.Apr.2019) — Oil prices rose on Tuesday above $73 a barrel but then eased off the…
(Reuters, 19.Apr.2019) — The cash-strapped government is becoming increasingly reliant on the Kremlin. (Corrects April 18 story to make clear…