Venezuela’s opposition-controlled National Assembly is questioning the legality of a $500 million deal Rosneft OJSC made with the state oil company to increase its stake in a local oil venture. Continue Reading
Venezuela’s opposition-controlled congress upheld a campaign promise and approved an amnesty law late Tuesday that is likely to deepen an institutional standoff with President Nicolas Maduro. Voting across party lines, Continue Reading
British oil companies with interests in the Falkland Islands suffered a blow on Tuesday when a U.N. commission said that the waters around the South Atlantic archipelago belong to Argentina. Continue Reading
Venezuela’s state-owned oil company PDVSA on Monday said it was the target of a smear campaign after the U.S. Justice Department said three of the firm’s former employees had pleaded Continue Reading
Argentina’s oil production declined 1.6% in January on the year, extending a slide that started in 1998, energy ministry data shows. Crude production dropped to 524,947 b/d in January from Continue Reading
Serious delays to load and unload vessels at Venezuela’s main crude port started to create a backlog of tankers last week that is now extending to the island of Curacao, Continue Reading
A Venezuelan oil contractor pleaded guilty to bribery in a U.S. court, the latest development in a wide-ranging Justice Department probe of state-run Petróleos de Venezuela. Abraham Jose Shiera Bastidas Continue Reading
Brazil’s troubled state-run oil company, Petróleo Brasileiro SA, reported its biggest quarterly loss ever Monday after lower oil prices and higher borrowing costs forced it to write off 49.75 billion Continue Reading
Venezuela’s state-oil firm PDVSA has bought a 500,000-barrel cargo of U.S. crude from trading company PetroChina for delivery April 1-10 at its terminal in the Caribbean island of Curacao, traders Continue Reading
Workers use a boat to take samples from a brine pool at the Rockwood Lithium plant on the Atacama salt flat, the largest lithium deposit currently in production, in the Continue Reading
