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Venezuela
Crude Oil
China’s CNPC Looks To Revive Oil Projects In Venezuela
The China National Petroleum Corporation is preparing to return to Venezuela after the Maduro government finalizes legislation seeking to attract more foreign c…
Crude Oil
Venezuela Plans To Revive Its Oil Industry Despite U.S. Sanctions
Venezuela is ignoring U.S. sanctions with its plan to boost production to 1.5 million bpd by the end of the year, around three times the current output.
Coal Trade
Venezuelan Coke Sold in China, Tunisia
At least three cargoes of Venezuelan petroleum coke have recently been sold in China and north Africa, according to market participants.
Nuclear Policy
Biden Rejects Maduro’s Call for the U.S. to End Venezuela Sanctions
President Joe Biden’s administration rejected Nicolas Maduro’s call for relief from U.S. sanctions, saying the Venezuelan leader needs to do more toward resto…
Crude Oil
Venezuela’s Oil Boss Projects Soaring Output, Despite Crumbling Infrastructure and U.S. Sanctions
In Venezuela, waiting in line at a gas station -- sometimes for days -- has become so routine that it’s hard to imagine life without it.
Solar Power Plant
Venezuela Sees First Grid-Connected PV System Come Online
The system will power the broadband transport networks. The solar panels are “made with 100% Venezuelan engineering.”
Natural Gas
Venezuela Gas Pipeline Tract Explodes; Oil Minister Blames Attack
Oil Minister Tareck El Aissami in a brief statement on state television late on Saturday called the incident a "terrorist attack," without providing details abo…
Oil Field
Venezuela Proposes Deals Allowing Private Companies to Operate Oil Fields
Neither company responded to requests for comment, and neither did PDVSA nor Venezuela's oil ministry
Oil & Gas Trade
Venezuela’s 2020 Oil Exports Plunged To The Lowest Level In 77 Years
Venezuela’s crude oil and refined product exports plummeted in 2020 to their lowest level in 77 years
Oil & Gas Trade
U.S. Ups Pressure to Push Venezuela Oil Exports to Zero
Under the increased pressure from the United States, the companies classifying ships are asked to check if vessels have participated in shipments to Venezuela.
Oil & Gas Trade
OPEC Would Miss 'Friend Trump', Wary of Strains Under Biden
Biden could modify U.S. diplomatic relations with three members of OPEC - de facto leader Saudi Arabia, and sanctioned countries Iran and Venezuela, as well as …
Crude Oil
Venezuela Prepares To Boost Oil Production With Iranian Help
Venezuela is preparing to ramp up its crude oil production using diluents imported from Iran, citing unnamed sources and company documents.
Oil & Gas Trade
US Eyes October Deadline to End Exemptions on Venezuela Oil Sanctions
The United States is considering an October deadline for ending exemptions to Venezuelan sanctions that allow some companies and refiners to still receive the S…
Oil & Gas Trade
Tehran Says Fuel Seized by US Belonged to Venezuela, Not Iran
Iran’s Foreign Minister, Mohammad Javad Zarif, has refuted allegations, saying that the vessels involved in what he described as an act of “piracy” were not …
Oil & Gas Trade
Venezuela Looks To Ease Gasoline Shortage By Restarting Production Units
Venezuela’s state-owned oil firm PDVSA looks to restart another gasoline-producing unit soon, hoping to ease the gasoline shortages in the country.
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