Estimated read time 3 min read
Latin America and the Caribbean Venezuela

Wave Of Venezuelan Oil Stalled At Sea

(Argus, 10.Jun.2020) — Vessel tracking data shows a fleet of 44 international tankers on the water holding 40.5mn bl of Venezuelan oil as shipowners face [more…]

Estimated read time 2 min read
Latin America and the Caribbean Venezuela

Pipeline Blast Halts PetroPiar

(Argus, 10.Mar.2020) — Venezuelan state-owned PdV’s PetroPiar joint venture with Chevron suspended upgrading operations following a pipeline explosion early today, three oil workers at the [more…]

Estimated read time 3 min read
Latin America and the Caribbean Venezuela

PDVSA, Partners Produce 500,000 b/d Of Orinoco Crude

(S&P Global Platts, 17.Dec.2019) — Production levels by Venezuelan state-owned PDVSA and its international partners in the Orinoco Belt rose to 500,000 b/d, or 38.5% [more…]

Asia Europe Latin America and the Caribbean North America USA Venezuela

Chevron Venezuela’s Exit To Aid Putin’s Russia

(S&P Global Platts, Brian Scheid and Rosemary Griffin, 17.Oct.2019) — Chevron is pushing back against the Trump administration’s plans to let the company’s Venezuela sanctions [more…]

Africa Asia Europe Latin America and the Caribbean North America USA Venezuela

Venezuelan Oil Output Could Be Halved Without Chevron Waiver

(S&P Global Platts, Brian Scheid, 14.Oct.2019) — Venezuelan oil production, already averaging a historic low near 600,000 b/d, could quickly plummet below 300,000 b/d if [more…]

Latin America and the Caribbean North America USA Venezuela

Chevron In Crosshairs As Trump Exerts Maximum Pressure On Maduro

(Bloomberg, Kevin Crowley, Lucia Kassai and Kevin Cirilli, 25.Jul.2019) — Pressure is mounting on U.S. President Donald Trump to end Chevron Corp.’s 100-year presence in Venezuela [more…]

Latin America and the Caribbean North America USA Venezuela

Guaido Says To Protect Chevron Assets In Venezuela

(Reuters, Luc Cohen) — Venezuelan opposition leader Juan Guaido said on Tuesday he would seek to protect Chevron Corp’s assets in the country if the [more…]

Asia Europe Latin America and the Caribbean North America USA Venezuela

Sanctions Squeeze Venezuela’s EHCO Output

(Petroleum Economist, 18.Jul.2019) — Latin America’s economically troubled oil giant faces the difficult task of significantly raising Asian crude grades. Venezuela’s upgraders have been forced [more…]

Latin America and the Caribbean North America USA Venezuela

Venezuela’s Oil Industry Implosion Reaches Chevron

(Oilprice.com, Tsvetana Paraskova, 25.Apr.2019) — Massive blackouts in Venezuela in March and April have drastically reduced oil production at Chevron’s biggest oil joint venture in [more…]

Latin America and the Caribbean USA Venezuela

Chevron Stayed In Venezuela Long After Rivals Quit

(Wall Street Journal, Kejal Vyas and Bradley Olson, 8.Nov.2018) — For nearly a century, Chevron Corp. has weathered dictatorships, coups and nationalization drives to keep pumping [more…]

Latin America and the Caribbean Venezuela

PdV, Joint Ventures Miss Oil Targets

(Argus, 9.Aug.2018) – Venezuela’s state-owned PdV and its joint ventures fell short of officially targeted crude production by more than 125,000 b/d in July, according [more…]

Latin America and the Caribbean Venezuela

Venezuela’s Petropiar Upgrader Begins Restart

(Reuters, 26.Jun.2018) – Venezuela’s PDVSA and Chevron have begun to restart their 210,000-barrel-per-day (bpd) Petropiar heavy crude upgrader after a nearly month-long, repair-related shutdown and [more…]

Latin America and the Caribbean Venezuela

Venezuela Seeks Disqualification of ICSID Judges

(Energy Analytics Institute, Jared Yamin, 26.Mar.2015) – Venezuela presented a letter to the ICSID court requesting the dismissal of judge Kenneth Keith. Keith is the [more…]