Category: Latin America

Venezuela’s main oil export terminal of Jose has restarted operations after a blackout earlier this week paralyzed crude shipments, the lifeblood of the OPEC nation’s economy, according to three sources Continue Reading

Russian Energy Minister Alexander Novak said on Friday he planned to discuss with his Venezuelan counterpart ways to increase oil exports from Venezuela. He did not give any further details. Continue Reading

The United States has instructed oil trading houses and refiners around the world to further cut dealings with Venezuela or face sanctions themselves, even if the trades are not prohibited Continue Reading

Citgo Petroleum, the U.S.-based unit of Venezuelan state-run oil firm PDVSA, said on Thursday it raised $1.2 billion through a five-year term loan to cover operating expenses and to refinance Continue Reading

(Reuters) – The U.S. Environmental Protection Agency granted an additional 2017 small refinery waiver from the nation’s biofuel laws, bringing the tally to 35, the agency disclosed on Thursday. The Continue Reading

Venezuela’s largest oil-exporting terminal Jose is not working after a power outage that happened on Monday. Reuters reports the port has yet to resume normal operations, noting the last vessel Continue Reading

Activity at Venezuela’s main oil port of Jose, operated by state-run company PDVSA, was halted following a massive power blackout on Monday, according to two oil industry workers and a Continue Reading

Venezuela is once again finding itself in the dark in another massive power outage, according to Aljazeera , weighing further on the South American country that is struggling to maintain Continue Reading