A recent sharp contraction in oil production in Venezuela and projected further declines this year will increase already-severe pressure on the government of President Nicolás Maduro, according to investors, especially Continue Reading
The United States and Venezuela were locked in a tense international standoff Thursday as the Trump administration kept embassy staff in the country despite an official order to eject them, Continue Reading
Five years after former president Enrique Peña Nieto ended Pemex’s monopoly and opened Mexico’s oil industry to private foreign investment, the new administration is betting again on the state oil Continue Reading
Mexico City — The Mexican government said Thursday it had closed the purchase of 670 distribution trucks as fuel shortages continue in several states amid its fight against fuel theft. Continue Reading
Trump administration seeks to strip Maduro of oil revenues Questions surround commercial transactions with Venezuela Treasury guidance could follow sanctions Washington — The US designation of Juan Guaido as Venezuela’s Continue Reading
The Zama appraisal program includes three penetrations. Talos Energy reported late Wednesday that the initial phase of appraisal drilling near its Zama-1 discovery in Block 7 offshore Mexico was concluded. Continue Reading
Political chaos in Venezuela sparked by international support for the leadership of opposition politician Juan Guaidó has called into question more than $25bn worth of investments made by China and Russia, the Continue Reading
The United States and China are “miles and miles” from resolving trade issues but there is a fair chance the two countries will get a deal, U.S. Commerce Secretary Wilbur Continue Reading
U.S. gasoline inventories jumped to a record high in the most recent week even as refiners cut back activity, the Energy Information Administration said on Thursday, while crude stocks rose Continue Reading
The United States is on track to produce more crude oil and liquids than Russia and Saudi Arabia put together by 2025, consultancy Rystad Energy said on Thursday. U.S. liquids Continue Reading
