Category: Venezuela

At the end of 2015, managers at Rosneft, the Russian state-controlled oil firm, sounded the alarm to their bosses about the company’s investments in Venezuela. Rosneft’s local partner, Venezuelan state Continue Reading

Crews attempting to deal with black-starting a frail and brittle grid like the one in Venezuela also face major safety considerations, like explosions. Venezuela’s massive, nationwide power outages, which began Continue Reading

Opinion editorial Enlarge Image Venezuelans line up to get drinking water after the water supply was disrupted due to power outages. Power is being restored in some parts of Venezuela, Continue Reading

 The U.S. Treasury on Thursday gave U.S. refiner Citgo Petroleum Corp a further 18 months to buy crude and make debt payments while under sanctions against its parent, Venezuelan state-run Continue Reading

 Venezuela’s main oil export terminal, Jose, has resumed operations and a shipment of crude for export left its docks for the first time since a blackout halted its main activities Continue Reading

US sanctions on PDVSA, which Trump administration officials estimate could cut oil Venezuelan output by roughly 600,000 by the end of 2019, were designed to prevent further damage to Venezuela’s Continue Reading

Ordinary people in Venezuela are bearing the brunt of the ongoing power struggle in the country and last week’s blackout. While the power outage in the country which holds the Continue Reading

Venezuela’s interim government led by Congress head Juan Guaido is preparing new legislation to reverse late President Hugo Chavez’s energy industry nationalization, allowing private companies a bigger role in its Continue Reading

Russia’s largest crude producer Rosneft said Tuesday that its operations in Venezuela are legal and it will defend its rights in accordance with international law if it suffers damages in Continue Reading