What is Causing Cuba’s Fuel Shortage?
Cubans wait hours for buses to arrive. In Havana, drivers wait in long lines at gasoline stations. Both are signs of the effect of the United States’ sanctions on Cuba and its main Continue Reading
Explainer: What is causing Cuba’s acute shortage of fuel?
Long lines of drivers at gas stations in Cuba and hours of wait for public transport are signs of the impact of sanctions imposed by the United States this year Continue Reading
Haiti fuel shortages spark violent protests
Crippling fuel shortages have triggered large anti-government protests in Haiti, bringing cities to a standstill. Angry demonstrators are demanding President Jovenel Moise step down amid corruption allegations. A man protesting Continue Reading
India’s Venezuelan June oil imports highest in seven quarters: trade
India’s oil imports from Venezuela surged to about 475,200 barrels per day (bpd) in June, more than double the previous month and highest in 21 months, data from shipping and Continue Reading
U.S. renews Chevron license in Venezuela for three months as Trump officials compromise
The Trump administration on Friday renewed Chevron Corp’s ( CVX.N ) license for three months to drill for oil in Venezuela despite sanctions, a compromise between officials seeking maximum pressure Continue Reading
Chevron ‘hopeful’ of U.S. approval to continue operating in Venezuela
Chevron Corp, the last U.S. oil company operating in Venezuela, said on Thursday it hopes to be able to remain in the Latin American nation as the Trump administration mulls Continue Reading
Trump To Decide The Fate Of Venezuela’s Oil Sector
Another slice of Venezuela’s oil production is at risk, and it is very much at the mercy of the U.S. government. When the Trump administration announced sanctions on Venezuelan oil Continue Reading
PDVSA to indefinitely halt production of upgraded synthetic Orinoco crude in August
Venezuela’s state-owned oil company PDVSA plans to indefinitely halt the production of upgraded Orinoco Belt synthetic crudes in August, and instead is converting its upgraders to blending facilities for the Continue Reading
Venezuela’s Oil Production Could Soon Fall Below 500,000 Bpd
Venezuela, the country sitting on the world’s largest oil reserves, could be pumping as little as below 500,000 bpd of crude oil next year amid the economic and political crisis, Continue Reading
Chevron Finds New Friend In Venezuela’s Juan Guaido
Hope for crisis-stricken Venezuela may be dwindling, but Chevron—who has been steadfastly operating in the country for almost 100 years despite the unattractive business environment—can rest a bit easier today Continue Reading