(Platts, 6.Aug.2019) — The US escalated sanctions against Venezuela late Monday and may use the executive order to target crude…
(Reuters, Marianna Parraga, 1.Aug.2019) — Venezuela’s oil exports fell 17.5% in July to their second-lowest level since Washington imposed sanctions…
(Reuters, 29.Jul.2019) — Venezuelan state-run oil company PDVSA said on Monday the Petropiar extra-heavy crude upgrader, part-owned by U.S. oil…
(Wintershall, 25.Jul.2019) — ConocoPhillips is a new partner in the Aguada Federal and Bandurria Norte blocks with Wintershall Dea. The…
(Reuters, Luc Cohen) — Venezuelan opposition leader Juan Guaido said on Tuesday he would seek to protect Chevron Corp’s assets…
(Petroleum Economist, 18.Jul.2019) — Latin America’s economically troubled oil giant faces the difficult task of significantly raising Asian crude grades.…
(Reuters, 11.Jul.2019) — Bolivia’s state energy firm has sealed a deal to supply gas to Russian fertilizer giant Acron’s plants…
(Bloomberg, Fabiola Zerpa, Peter Millard and Kevin Crowley, 2.Jul.2019) — Chevron Corp. is lobbying the U.S. for sanctions relief so…
(Wintershall, 6.Jun.2019) — The results of the European elections show that German voters are primarily interested in one issue: climate…
(Oilprice.com, Tsvetana Paraskova, 28.May.2019) — Tankers carrying gasoline and ships transporting food for Venezuela were sabotaged last week to prevent…
(Oilprice.com, Tsvetana Paraskova, 14.May.2019) — U.S. Secretary of State Mike Pompeo and Russian President Vladimir Putin are meeting on Tuesday…
(Reuters, Marianna Parraga, 2.May.2019) — Venezuela’s state-run PDVSA exported 1.06 million barrels per day (bpd) of crude and refined products…
(Wintershall, 2.May.2019) — Wintershall Dea announced a change of leadership at Wintershall Energía (soon to be Wintershall Dea Argentina). Manfred…
(LetterOne, 1.May.2019) — LetterOne and BASF today announced the completion of the merger of their oil and gas businesses to…
(The Moscow Times, 24.Apr.2019) — Reuters has corrected a story it published on April 18 saying Venezuela is funneling cash…
(TASS, 22.Apr.2019) — Gazprom considers the possibility of acquiring a stake in one of the key producing assets of Argentina’s…
(Reuters, 19.Apr.2019) — The cash-strapped government is becoming increasingly reliant on the Kremlin. (Corrects April 18 story to make clear…
(Reuters, Marianna Parraga, 18.Apr.2019) — President Nicolas Maduro is funneling cashflow from Venezuelan oil sales through Russian state energy giant…
(WorldOil, 17.Apr.2019) — Wintershall won the bidding process for two blocks in the promising Malvinas Basin off the coast of…
(Argus, Patricia Garip, 10.Apr.2019) — Darkness has befallen Venezuela in more than one sense, and incumbent oil companies are scrambling…
(Reuters, Vera Eckert, 21.Mar.2019) — BASF’s oil and gas subsidiary Wintershall will boost profitability after its planned merger with rival…
(Sierra, 4.Dec.2018) — Sierra Oil & Gas signed an agreement that will result in Sierra’s business being integrated with Deutsche…
(Reuters, Alexandra Ulmer and Marianna Parraga, 24.Nov.2018) — The head of Russian oil company Rosneft, Igor Sechin, flew to Caracas…
(Loop News, 14.Nov.2018) — Minister of Energy and Energy Industries and President of the Gas Exporting Countries Forum, Franklin Khan,…
(Reuters, 6.Nov.2018) — Rosneft was owed $3.1 billion by Venezuela as of September 30, down from $3.6 billion on June…