Iran, Trump and Venezuela
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Venezuelan oil is a 'drop in the bucket' of the global supply shortage triggered by the Iran war.
Venezuela’s vast oil wealth did more than sustain an ally in Havana. It helped finance a far-reaching intelligence and security apparatus — one tied to allegations of torture, political persecution and social control,
Washington will allow US companies to do business with Venezuela’s state-owned oil company, a move aimed at boosting production in the country as prices soar due to the war in Iran. Oil output in Venezuela — which has the world’s biggest stated crude reserves — has jumped since the US ousted former leader Nicolás Maduro and replaced him with a Washington-friendly figure.
Chevron is working on a deal to add even more fuel to its growth engine.
By Timothy Gardner and Marianna Parraga March 18 (Reuters) - The U.S. issued a waiver on Wednesday broadly authorizing U.S. companies to do business with Venezuela's state-run oil company PDVSA, a key step that could secure investment and,
Venezuela’s Orinoco River Basin is a wild land of lush forests, grasslands and a vast delta of jungle wetlands teeming with wildlife. During the rainy season, the Orinoco is the world’s third-largest river by discharge.
Shell confirmed it has inked deals with Venezuela to explore development of the country’s oil and gas reserves, less than a month after the US began allowing oil majors to sign exploration and production agreements with the South American nation. The agreements were signed on Thursday, a Shell spokesperson said in a statement to Upstream.
Venezuela is sending its first oil shipment to Israel in years, just one month after the capture of former President
Add Yahoo as a preferred source to see more of our stories on Google. An abandoned and inoperative oil pumpjack stands in the oil-rich Maracaibo region of western Venezuela. The pumps that brought prosperity from deep in the Earth's crust are now mostly ...
Venezuelan oil businessman Wilmer Ruperti has been held by authorities since Thursday after the country's intelligence police requested a meeting with him, Ruperti's legal representatives told Reuters on Friday.