Venezuela’s presidential election race has begun with favorite and incumbent Nicolas Maduro signaling a nationalist, “anti-Trump” campaign while his demoralized foes scramble to find a viable candidate for a vote Continue Reading
Mr Maduro said he welcomed the assembly’s decision to bring forward the poll Venezuela’s pro-government Constituent Assembly has ordered fresh elections before the end of April. President Nicolas Maduro told Continue Reading
Cash-strapped and crisis-stricken Venezuela “can easily manage” an oil production increase of 1 million bpd this year to lift its production capacity to 2.472 million bpd, its oil minister Manuel Continue Reading
Venezuela has more crude oil than any other nation. But the crisis there is so bad that even oil companies are losing… Venezuela has more crude oil than any other Continue Reading
With an estimated five percent of needed medicines available, Venezuela on Friday launched a health plan that relies on herbs and natural remedies. The “100 percent Natural Health Plan” seeks Continue Reading
U.S. oilfield service companies exposed to Venezuela face new hits to earnings from the South American nation’s ongoing economic turmoil and U.S. sanctions on the country and state-run oil company Continue Reading
A broken oil platform in the lake. Photo: Fabiola Ferrero for The Wall Street Journal A broken oil platform in the lake. Photo: Fabiola Ferrero for The Wall Street Journalinvestment Continue Reading
Venezuela’s oil output is collapsing at an accelerating pace, deepening an economic and humanitarian crisis and increasing the chances the country will default on its debts. Crude production fell 11% Continue Reading
Venezuelan oil output dropped 13 percent in 2017, falling to a 28-year low, official figures released by the Organization of Petroleum Exporting Countries (OPEC) said on Thursday. The Latin American Continue Reading
Global oil markets are tightening quickly on falling supply from Venezuela, which posted 2017’s biggest unplanned output fall and could see a further decline in 2018, the International Energy Agency Continue Reading
