Fuel crisis weighs on upstream operations
The fuel supply gap in the country is growing as PdV has failed to replace refined products previously imported from the US Venezuela’s severe motor fuel deficit is starting to Continue Reading
Venezuela’s Oil Production Set For Another Drop
Venezuela’s oil production fell to a new low last month, as economic crisis and sanctions continue to strangle the industry. Venezuela’s output fell by 35,000 bpd in May, plunging to Continue Reading
Oil in floating storage hit near two-year high in May: Vortexa data
Crude and condensate in long-term floating storage hit its highest since August 2017 in May at 24 million barrels, as U.S. sanctions against Venezuela and Iran hindered the ability of Continue Reading
With Maduro entrenched in Venezuela, Trump loses patience and interest in issue, officials say
President Trump speaks to reporters about the administration’s Venezuela policy as he departs the White House on May 30. (Jim Lo Scalzo/EPA-EFE/Shutterstock) Last winter, the ouster of Venezuelan President Nicolás Continue Reading
US ramps up prohibitions on Venezuelan petroleum trade, holds off secondary sanctions
Trump administration officials are still considering secondary sanctions to push the Maduro regime out of power in Venezuela, though analysts said Monday that there may be little reason to impose Continue Reading
Childhood, disrupted: Venezuela is in danger of losing a generation
To be a child in Venezuela today is dangerous. Here in the capital on any given afternoon, emaciated teens pick through rotting garbage for food. Children have been abandoned to Continue Reading
Jailed Citgo Oil Executives Ordered to Stand Trial in Venezuela
In this Feb. 15, 2019, file photo, Sergio Cardenas holds a picture of himself with his father Gustavo as he sits on the lap of his mother Maria Elena Cardenas, Continue Reading
US Treasury Department Tightens Sanctions on Venezuela Oil Sector
Amuay refining complex in Falcon State. (Wikimedia Commons) Caracas, June 7, 2019 ( venezuelanalysis.com ) – The US Treasury Department has announced a hardening of measures against Venezuela’s oil industry. Continue Reading
U.S. Tighten Noose Around Venezuela’s Oil Industry
Washington has tightened its grip on Venezuela by extending sanctions to companies supplying diluents to the South American country. “We are tightening the loop on any potential workarounds on the Continue Reading
Venezuela opposition rejects more talks with Nicolás Maduro regime
Venezuela’s opposition leader Juan Guaid6 has rejected further direct talks in Oslo with the leftist government of Nicolas Maduro, as broader international efforts to broker a solution to the country’s Continue Reading