Venezuelan bureaucrats will work two days a week to save electricity in the country facing a deepening energy crisis. Public employees, who account for more than a third of Venezuela’s Continue Reading
Venezuela has proposed that non-OPEC oil producers attend the group’s June meeting in Vienna to continue “dialogue and coordination,” according to a letter from the South American country’s oil minister Continue Reading
Venezuela—home to the largest oil reserves in the world–will for the next 40 days experience a four-hour blackout every single day, and there are fears that the rationing could lead Continue Reading
President Nicolás Maduro’s government said on Thursday that it would cut electrical power by four hours a day for 40 days across much of Venezuela to save energy, even though Continue Reading
The drought has dried up the massive Guri Dam in Bolivar state seriously depleting the country’s ability to generate energy. Venezuela is introducing power cuts of four hours a day Continue Reading
Venezuela will begin rationing electricity Monday for four hours daily in the 10 most-populated states, including five states with oil operations, electricity minister Luis Motta said Thursday. The states affected Continue Reading
* Oil minister sees 2016 output at 2.8 mil b/d, exports at 2.3 mil b/d * Suggests OPEC-only talks on June 2, to find consensus within group Venezuela is working Continue Reading
The United States is seeking to block a deal between OPEC and non-OPEC nations to stabilize oil markets, Venezuelan President Nicolas Maduro said on Tuesday, accusing Washington of applying “war-like” Continue Reading
Schlumberger Ltd. will reduce activity in Venezuela after the world’s largest oil services provider failed to collect enough payments from the national oil company. The reduction will take place this Continue Reading
At the main morgue of central Caracas, the stench forces everyone to cover their nostrils. “Now things are worse than ever,” says Yuli Sánchez. “They kill people and no one Continue Reading
