HOUSTON, TEXAS (By Amber Energy, 25.Nov.2025, Words: 370) — Amber Energy Inc. has been approved as the acquirer of PDV Holding, Inc. (PDVH), the parent of […]
Tag: PDVSA
Citgo Petroleum reports 3Q:25 results
HOUSTON, TEXAS (By Citgo, 13.Nov.2025, Words: 662) — Citgo Petroleum Corporation reported its 2025 third quarter financial and operational results. Improved refining margins and reliable […]
Gold Reserves files disqualification motions related to Citgo Petroleum sale
PEMBROKE, BERMUDA (By Gold Reserve, 10.Oct.2025, Words: 345) — Gold Reserve Ltd., pursuant to the schedule set by the US District Court for the District […]
Judge declares Venezuelan bonds valid, creditors press for Citgo auction resolution
NEW YORK, NEW YORK / HOUSTON, TEXAS (By Luc Cohen and Marianna Parraga, Reuters, 18.Sep.2025) — A U.S. judge upheld the validity of Venezuelan state oil company PDVSA‘s 2020 bonds […]
Event in focus: Caracas Gas Forum 2025
BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 4.Sep.2025, Words: 222) — The 4th edition of the CARACAS GAS FORUM 2025 is slated to […]
PDVSA says gasoline + diesel production averaged 156,200 b/d in May 2025
BOGOTA, COLOMBIA (Ana Sanches, Energy Analytics Institute, 28.Aug.2025, Words: 120) — Refineries owned by state-owned Petróleos de Venezuela (PDVSA), and more importantly, still operable, produced combined gasoline […]
Three PDVSA refineries producing enough gasoline and diesel to cover national demand
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 24.Aug.2025, Words: 180) — Three refineries owned by state-owned Petróleos de Venezuela (PDVSA) remain in operation but continue […]
Private Chinese firm producing oil in Venezuela under rare 20-year pact, source says
SINGAPORE/HOUSTON (By Chen Aizhu and Marianna Parraga, Reuters, 22.Aug 2025, Words: 526) — China Concord Resources Corp has begun developing two Venezuelan oilfields, planning to invest more […]
Venezuela’s hydrocarbons minister RodrÃguez continues to review the “special gas plan”
BOGOTA, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 14.Aug.2025, Words: 215) — Venezuela’s executive vice president and hydrocarbons minister Delcy RodrÃguez chaired a working group […]
Chevron-chartered tanker docks at Venezuela to load oil after new US license
HOUSTON, TEXAS (By Reuters, Marianna Parraga and Arathy Somasekhar, 12.Aug.2025, Words: 252) — A Chevron-chartered tanker docked at Venezuelan state company PDVSA‘s Jose terminal on […]
![EAI brief: Venezuela boasts 1.4% uptick in monthly oil production [tables]](https://energy-analytics-institute.org/wp-content/uploads/2025/05/venezuela-pdvsa-6.jpeg)
EAI brief: Venezuela boasts 1.4% uptick in monthly oil production [tables]
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 12.Aug.2025, Words: 133) — Venezuela boasted an 1.4% increase in its monthly oil production, according to […]
Diosdado Cabello says Venezuela “lives off Venezuelans,” not Chevron
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 4.Aug.2025, Words: 209) — The secretary general of the United Socialist Party of Venezuela (PSUV), Diosdado […]
![Venezuelan oil production holding steady above the new 900,000 b/d floor [tables]](https://energy-analytics-institute.org/wp-content/uploads/2024/10/shutterstock_1181045986-ccs-scaled.jpg)
Venezuelan oil production holding steady above the new 900,000 b/d floor [tables]
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 15.Jul.2025, Words: 193) — Venezuela’s crude oil production is holding steady just above what is seemingly […]
PDVSA oil sales abroad hit $17.5bn in 2024 as exports jump
HOUSTON, TEXAS (By Reuters, 11.Jul.2025, Words: 84) — Venezuelan state-run PDVSA‘s oil sales abroad in 2024 stood at $17.52 billion, according to a results document […]
EAI short take-away: Trinidad not seen courting US for procurement of Venezuelan gas
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 10.Jul.2025, Words: 270) — Trinidad and Tobago continues to face challenges to secure natural gas supply […]
![OFAC issues general license no. 40D regarding offloading of LPG in Venezuela [download]](https://energy-analytics-institute.org/wp-content/uploads/2020/10/lpg-vzla-source-pdvsa.jpg)
OFAC issues general license no. 40D regarding offloading of LPG in Venezuela [download]
HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 7.Jul.2025, Words: 270) — As part of the US’ Venezuela sanctions regulation, the US Office of Foreign […]
EAI brief: Venezuela’s Delcy RodrÃguez mets with her Colombian counterpart Edwin Palma
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 4.Jul.2025, Words: 138) — Venezuela’s executive vice president and hydrocarbon minister Delcy RodrÃguez led a key […]
Venezuela’s oil exports on the rise as more cargoes head to China
(Reuters, 2.Jul.2025, Words: 350) — Venezuela exported some 844,000 barrels per day (bpd) of crude and fuel in June, an 8% increase from the previous […]
Vitol group submits bid above $10bn for Citgo, sources say
HOUSTON, TEXAS (By Marianna Parraga, Reuters, 2.Jul.2025, Words: 559) — A group led by commodities trading house Vitol submitted a bid exceeding $10 billion for the […]
Black Lion submits $8bn cash bid for Citgo’s parent
HOUSTON, TEXAS (By Marianna Parraga, Reuters, 25.Jun.2025, Words: 530) — Black Lion Citgo Group, a consortium led by private equity firm Black Lion Capital Advisors, submitted […]
![OFAC on sanctions regulations related to PDVSA 8.5% bond [pdf download]](https://energy-analytics-institute.org/wp-content/uploads/2021/06/BCS-Blog-What-is-the-OFAC.jpg)
OFAC on sanctions regulations related to PDVSA 8.5% bond [pdf download]
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 20.Jun.2025, Words: 75) — The US Office of Foreign Assets Control (OFAC) released new details authorizing certain […]
Q&A: Is Venezuela about to lose Citgo, its most prized foreign asset?
HOUSTON, TEXAS (By Marianna Parraga, Reuters, 16.Jun.2025, Words: 685) — A U.S. court-organized auction of shares in the parent company of Venezuela-owned Citgo Petroleum has […]
Venezuela’s ‘Black Gold’: the Petrocedeño (formerly Sincor) upgraderÂ
PANAMA CITY, PANAMA / HOUSTON, TEXAS (Editors at Energy Analytics Institute, 12.Jun.2025, Words: 702) — The Sincor upgrader was built in an area of over […]
![Venezuela’s ‘Black Gold’: production and export grades, upgraded API properties [table]](https://energy-analytics-institute.org/wp-content/uploads/2025/06/faja-pad-venezuela-energy-analytics-institute-scaled.jpg)
Venezuela’s ‘Black Gold’: production and export grades, upgraded API properties [table]
PANAMA CITY, PANAMA / HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 11.Jun.2025, Words: 560) — Venezuela, despite ongoing US sanctions meant to halt the […]
Venezuela’s ‘Black Gold’: opportunity loss of 2.1 MMb/d from 6 new proposed upgraders
PANAMA CITY, PANAMA / HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 9.Jun.2025, Words: 1,600) — Proposals for 6 new joint ventures (JVs) in Venezuela’s […]
Venezuela lays foundation to boost petrol to $0.75/lt from $0.50/lt, Bloomberg LÃnea says
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 8.Jun.2025, Words: 136) — The government of Venezuela’s president Nicolás Maduro is laying the foundations to implement […]
Venezuela’s ‘Black Gold’: 4 original upgraders Sincor, Petrozuata, Cerro Negro and Hamaca
PANAMA CITY, PANAMA / HOUSTON, TEXAS (Editors at Energy Analytics Institute, 8.Jun.2025, Words: 1,143) — Venezuela is blessed with numerous heavy-oil reservoirs, but none compares […]
Venezuela’s ‘Black Gold’: a brief history of heavy oil in Venezuela
PANAMA CITY, PANAMA / HOUSTON, TEXAS (Editors at Energy Analytics Institute, 6.Jun.2025, Words: 585) — In 1914, Venezuela’s first important heavy oil field, Mene Grande, […]
IOCs built 4 upgraders in Venezuela in the 1990s, only PetroPiar continues to produce
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 4.Jun.2025, Words: 343) — In the 1990s, international oil companies (IOCs) from Chevron Corporation and ExxonMobil Corporation […]
Venezuela’s oil exports stable as buyers in China receive more
(Reuters, 3.Jun.2025, Words: 473) — Venezuela’s oil exports remained almost unchanged last month as increased shipments to customers in China offset a decline in U.S.-authorized […]
Maduro says Venezuela producing 1.1 MMb/d amid unilateral coercive measures
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 2.Jun.2025, Words: 211) — Venezuela’s president Nicolás Maduro said his country was on average producing close to […]
Maduro activates monitoring room to over see Venezuela’s hydrocarbon sector
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 30.May.2025, Words: 255) — Venezuela’s president Nicolás Maduro activated a new situational control and monitoring room within […]
LatAmNRG heard: Mexico elections, Chevron Venezuela, Vaca Muerta, Venezuela LNG
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 30.May.2025, Words: 339) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]
RodrÃguez says 3 Chevron Venezuela fields producing a combined 246,000 b/d
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 29.May.2025, Words: 228) — Venezuela’s executive vice president and hydrocarbon minister Delcy RodrÃguez said state-owned company Petróleos […]
US grants Chevron narrow authorization to keep assets in Venezuela, sources say
(Reuters, 27.May.2025) — The Trump administration has issued a narrow authorization for U.S. oil producer Chevron to keep assets in Venezuela, including its stakes in oil […]
US plans Chevron license for minimum maintenance in Venezuela, Bloomberg reports
BENGALURU, INDIA (Reuters, 23.May.2025, Words: 215) — U.S. President Donald Trump’s administration is preparing to issue a narrowly tailored license to Chevron, allowing the company […]
US set to extend Chevron’s lifeline in Venezuela another 60 days amid negotiations
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 20.May.2025, Words: 209) — Chevron Corporation, which has operated in Venezuela for the greater part of 100 […]
Delcy RodrÃguez says measures against PDVSA have generated $232bn in losses
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 18.May.2025, Words: 183) — Venezuela’s executive vice president and hydrocarbon minister Delcy RodrÃguez said unilateral coercive measures […]
![CRP takeover by the Chinese: this is not a “cuento chino” or “Chinese tale” [charts attached]](https://energy-analytics-institute.org/wp-content/uploads/2025/05/venezuela-pdvsa-13.jpeg)
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) — This is not a “cuento chino” or “Chinese tale” starring Argentine actor […]
Venezuela’s production averaged 888 Mb/d in Apr. 2025, according to OPEC
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 14.May.2025, Words: 164) — Venezuela’s crude oil production averaged 888 thousand barrels per day (Mb/d) in Apr. […]
Traders rebrand Venezuelan oil for China as Brazilian, sources and tanker trackers say
SINGAPORE, SINGAPORE CITY (Chen Aizhu, Reuters, 12.May.2025, Words: 847) — Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian […]
LatAmNRG heard: Chinese takeover of Venezuelan refineries, Petrobras focus offshore Colombia
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 9.May.2025, Words: 460) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]
Citgo Petroleum reports weak refining margins in the 1Q:25
HOUSTON, TEXAS (By Ofelia Paredes, Energy Analytics Institute, 8.May.2025, Words: 635) — Houston-based Citgo Petroleum Corporation — which owns and operates 3 large-scale, highly complex […]
Chevron CEO Mike Wirth says energy and national security at play in Venezuela
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 2.May.2025, Words: 452) — Chevron Corporation CEO Mike Wirth said there were 2 important real implications related […]
Venezuela loses 20% of oil exports after cargo cancellations to Chevron
CARACAS, VENEZUELA (Reuters, 1.May.2025, Words: 388) — Venezuela’s oil exports fell almost 20% to some 700,000 barrels per day (bpd) in April, the lowest level […]
EAI chartalk: Eni SpA in Mexico and Venezuela
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 17.Apr.2025, Words: 285) — Italy’s Eni SpA operates in 2 key countries in the Latin America and […]
LatAmNRG heard: Bukele to DC, Delcy on China and Russia, YPF dividend, lithium in MexicoÂ
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 11.Apr.2025, Words: 450) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]
Chevron’s Venezuelan oil cargoes canceled, stalled amid payment uncertainty
HOUSTON, TEXAS (Reuters, 11.Apr.2025) — At least two vessels carrying Venezuelan crude chartered by Chevron are stalled due to state oil company PDVSA canceling their export authorizations, […]
Venezuela’s Delcy RodrÃguez presents economic emergency decree to National Assembly
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 10.Apr.2025) — Venezuela’s executive vice president and hydrocarbon minister Delcy RodrÃguez presented a decree, signed by Venezuela’s […]
Venezuela’s energy minister RodrÃguez says production normal
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 31.Mar.2025) — Venezuela’s crude oil production was normal at the end of Mar. 2025 and in accordance […]