Venezuela’s Rig Count Officially Falls To Zero
Venezuela no longer has any operational oil rigs after the last oilfield services firm that was still drilling for oil in the country holding the world’s largest crude oil reserves Continue Reading
U.S. defense firm joins creditors seeking to enforce Venezuela judgments
U.S. defense contractor Huntington Ingalls Industries Inc has joined a long line of creditors seeking to enforce a judgment against heavily indebted OPEC member Venezuela, court documents filed on Friday Continue Reading
Man fatally shot in Venezuela gasoline protest; second such incident this month
A man was shot and killed during a protest over gasoline shortages in eastern Venezuela on Saturday, officials and a local human rights group said, less than two weeks after Continue Reading
Venezuela’s diesel suppliers urge US not to block shipments crucial to power supply
rump administration has cracked down on gasoline imports Venezuelan refiners not able to meet domestic diesel demand Diesel distributed within Venezuela for free, unlike gasoline Washington — Suppliers of Venezuela’s Continue Reading
Coronavirus Venezuela: Maduro blames migrants for outbreaks in Maracaibo; Zulia, Tachira, Apure
Venezuela — The “biological” threat was gathering on the western border, Venezuela’s socialist government claimed. So, besieged President Nicolás Maduro, ever vigilant against potential invasion, dispatched gun-toting reinforcements to the Continue Reading
US Treasury extends Venezuela order blocking potential Citgo seizure through October
The US Department of the Treasury on July 15 again extended for three months an order preventing creditors of Venezuela’s state-owned oil company PDVSA from taking control of US refiner Continue Reading
Venezuela Restarts Gasoline Output At Only Operating Refinery
Venezuela’s state oil firm PDVSA has resumed gasoline production at the only operating refinery in the country home to the world’s largest oil reserves that is experiencing severe gasoline shortages, Continue Reading
U.S. Swaps Venezuelan Fuel Oil For Russian Products
The United States has been raising its imports of fuel oil from Russia over the past year and a half after the U.S. imposed sanctions on Venezuela’s exports, Reuters reported Continue Reading
U.S. Ups Pressure To Push Venezuela Oil Exports To Zero
The United States is pressing shippers, insurers, certification organizations, and flag states registering vessels not to work with Venezuela as the Trump Administration is looking to cut off Nicolas Maduro’s Continue Reading
PDVSA, Chevron restart production of crude in Venezuela’s Orinoco Belt: technical report
Venezuela’s state-owned PDVSA and US-based Chevron restarted production of extra-heavy crude in the Orinoco Belt at their Petropiar joint venture, which is operating at 72,000 b/d or 38% of capacity, Continue Reading