Venezuela’s President Nicolás Maduro put the armed forces in charge of a new food supply system aimed at alleviating crippling shortages, ceding yet more power to a military apparatus that Continue Reading
Vaca Muerta Argentina has been shaping up as one of the best places on Earth for oil and gas exploration. With high and rising government-mandated prices helping to spur big Continue Reading
Annual output seen losing 200,000 b/d, double earlier forecast Oil industry has been hurt by power shortages, economic crisis Venezuelan crude production fell to a 13-year low last month as Continue Reading
Omar Torres felt a rush of emotion as he crossed the Simón Bolívar bridge between Colombia and Venezuela with his wife and daughters. “We almost cried when we entered Colombia, Continue Reading
Venezuela’s government said Monday that it will seize a factory belonging to Kimberly-Clark Corp. after the U.S. personal care giant said it was no longer possible to manufacture in this Continue Reading
Tens of thousands of Venezuelans streamed across bridges into Colombia over the weekend after Venezuela briefly lifted a year-old border closure to allow people to buy food and medicine. Colombian Continue Reading
China Utlilties Chinese state energy companies are huge by international standards. Their government wants them to ex-pand overseas and they seem indifferent to conventional standards of profitability. This makes them Continue Reading
Argentina’s court-ordered suspension of natural gas price hikes could slam consumers with faster inflation and higher taxes, a ruling-party leader warned Friday while also calling on the Supreme Court to Continue Reading
Crisis-struck Venezuela is sending two supertankers filled with fuel oil across the oceans to Singapore, in what traders described as a surprise move that could help reduce a tight market. Continue Reading
Brazil’s state-run oil firm Petróleo Brasileiro SA said Monday that it is putting nine small, shallow-water oil fields up for sale, part of a previously announced divestment plan meant to Continue Reading
