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
The Supreme Court of Canada on Thursday dismissed claims attempting to force Chevron Corp’s Canadian unit to pay a $9.5 billion judgment handed down in Ecuador against the U.S. oil Continue Reading
Venezuelan state-owned oil company PDVSA expects its crucial crude upgraders to operate well below capacity this month, according to industry sources and documents seen by Reuters, as U.S. sanctions and Continue Reading
Jakeline Moncada had faith that her household reserves would hold out until Venezuela’s water service was restored. But two nationwide blackouts and now the rationing of electricity have kept the Continue Reading
Chevron Canada has emerged victorious from a bitter battle over a decades-old court case in which thousands of Ecuadorian residents collectively sued Chevron for alleged water and soil contamination. The Continue Reading
(Reuters) – Backstory is a series of reports showing how Reuters journalists work and the standards under which they operate. Locals gather at a street food cart during a blackout Continue Reading
Exxon Mobil Corp and Colombia’s state-run oil company Ecopetrol SA have each signed joint contracts with Spain’s Repsol SA to explore for oil in offshore blocks in the Caribbean, the Continue Reading
Venezuela exported a little over 980,000 bpd on average in March despite a string of severe blackouts, Reuters reported , citing documents from state oil company PDVSA and its own Continue Reading
