The president’s first term fell short of the changes needed to modernize the sector. Can he make headway in his second? Muhammadu Buhari, re-elected as president of Nigeria in February, Continue Reading
Venezuelan PDVSA expects a sharp decline in oil production this month with the four upgraders operating in the country running a lot lower than capacity, Reuters reports citing company documents Continue Reading
The US will sanction 34 vessels owned or operated by PDVSA and two companies that move Venezuelan crude to Cuba, Vice President Mike Pence said Friday. Receive daily email alerts, Continue Reading
Vice President Mike Pence announced that the United States will add 34 PDVSA owned or operated vessels to the sanctions list on Friday, according to Reuters. The announcement came during Continue Reading
Washington — Attempts by Venezuela’s creditors to use the US court system to auction off Citgo assets for repayment of old debts should be blocked, lawyers for the administration of Continue Reading
Power failures that plunged Venezuela into darkness for much of March also briefly slashed the country’s crude production by half, according to people familiar with the situation. Rolling blackouts across Continue Reading
Photo: Orinoco basin map, Venezuela. CARACAS (Bloomberg) — Rolling blackouts across much of the country that started on March 7 paralyzed most of the country’s oil wells and rigs, which Continue Reading
FILE PHOTO: U.S. Vice President Mike Pence listens as President Donald Trump meets with Fabiana Rosales, wife of Venezuelan opposition leader Juan Guaido, in the Oval Office at the White Continue Reading
(Reuters) – U.S. government officials plan to meet with executives from automakers and lithium miners in early May as part of a first-of-its-kind effort to launch a national electric vehicle Continue Reading
WASHINGTON (Reuters) – U.S. President Donald Trump on Friday signed a new permission for TransCanada Corp to build the long-delayed Keystone pipeline for imports of Canadian oil, replacing his previous Continue Reading
