Oil exploration plans revealed for Cuba
Australian energy company Melbana outlines plans for oil exploration efforts in Cuba by next year. File photo by Ernesto Mastracusa/EPA. July 19 (UPI) — Amendments to a work plan for Continue Reading
U.S. May Halt Oil Imports From Venezuela
The Trump administration is mulling over sanctions against senior Venezuelan government officials, and additional measures could include sanctions against the country’s oil industry, such as halting imports into the U.S., Continue Reading
Factbox: Impacts of US sanctions on Venezuelan oil –
The Trump administration is considering major sanctions on Venezuelan oil exports into the US, a policy move which could exacerbate the current heavy crude supply tightness, and cause a months-long dip Continue Reading
Ecuador to Pump Over OPEC Oil Limit
Ecuador has broken ranks with fellow OPEC members as the South American country’s energy minister said it could no longer hold up its end of an agreement to cut oil Continue Reading
Ecuador Abandons The OPEC Deal: Who’s Next?
Ecuador announced its withdrawal from the OPEC agreement this week, a move that could shake the foundation of a deal that was already starting to show some cracks. “We need Continue Reading
U.S. prepares sanctions against senior Venezuelan officials: sources
The Trump administration is preparing sanctions against several senior Venezuelan officials, including the country’s defense minister and a ruling party leader, for alleged human rights violations and could announce the Continue Reading
Venezuela Fires Back at Trump
Venezuela’s government issued a firm rebuke of President Donald Trump on Tuesday after he threatened to put sanctions on the troubled oil-exporting nation unless its increasingly authoritarian leader, Nicolás Maduro, Continue Reading
Venezuela’s National Oil Company On Its Last Legs
On Sunday 9 th , 2017 Venezuela hit a hundred days of anti-dictatorial regime demonstrations. Hundreds of thousands of Venezuelans have taken over main streets and roads demanding a new Continue Reading
One Way Or Another – Venezuela Will Send Oil Prices Up
In a desperate bid to survive its economic meltdown, Venezuela is lobbying other OPEC members to agree to steeper oil production cuts, a move that would likely lead to higher Continue Reading
Venezuela opposition plots “zero hour” after big anti-Maduro vote
Energized by a massive vote against President Nicolas Maduro in an unofficial plebiscite, Venezuela’s opposition mulled on Monday how to escalate protests and block a new congress it fears may Continue Reading