Venezuela oil and gas news

Venezuela's PDVSA to Restart Production in Joint Ventures Despite Sanctions · Feb 24th 2020. Venezuela: Presidential Commission to Restructure Oil Industry. 5 days ago Tsvetana Paraskova. Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and 

5 days ago Tsvetana Paraskova. Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and  20 Feb 2020 Nicolas Maduro has declared an energy emergency in Venezuela in order to protect the nations Breaking News: cutting off Maduro's main lifeline to evade our sanctions on the Venezuelan oil sector. Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. Caracas: Venezuela President Nicolas Maduro has announced the relaunch of the so-called would "relaunch the Petrocaribe project in the first half of 2020 with great vigour", reports Efe news. The announcement comes amid mounting pressure on the Venezuelan oil industry from the US, Most Read in Oil & Gas. Industry Sectors · Energy/Utilities · Oil & Gas · By Country · Venezuela · Latest News. Choose date and time: Tue 17 Mar, Mon 16 Mar, Sun 15 Mar, Sat 14 Mar  8 Feb 2020 Drivers line up at a Petróleos de Venezuela gas station. The company, once a dominant presence in the country's oil fields, is unraveling.Credit  22 Oct 2019 Trump administration gives energy companies another three months in Venezuela. in Crude Oil News / Energy News / International / Oil and Gas  24 Feb 2020 Rosneft Trading SA, the top buyer of Venezuelan crude last year, was in five oil and natural gas ventures in Venezuela, and has loaned $6.5 

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Latest News and Information from the Oil and Gas sector in Guyana How Venezuela Ruined Its Oil Industry. Then Venezuela's oil production recovered back to the 3.3 million BPD level from 2004 to 2006. But since 2007 oil production there has been on a steep Friday, August 09, 2019 Oil surged the most in nearly a month as investors digested Saudi Arabia's latest plan to help stabilize prices following a large dip earlier in the week that was fueled by demand concerns. Friday, August 09, 2019 The U.S. shed six oil rigs and two gas rigs this week. State oil company PDVSA's logo is seen at a gas station in Caracas, Venezuela, May 17, 2019. REUTERS/Ivan Alvarado/File Photo CARACAS : Venezuela has named new vice presidents for four units of state oil company PDVSA , as well as a new president for the unit that handles joint ventures with private oil companies, PDVSA said on Saturday. Exxon Mobil Corp said on Wednesday its oil drilling and development activities offshore Guyana were unaffected by a weekend incident in which Venezuela's navy stopped two exploration vessels the For years, the embattled Venezuelan government has had a surprising economic lifeline: a company called Citgo that owns three oil refineries and oversees a nationwide network of pipeline and oil and gas stations in the United States. Citgo has long been a subsidiary of PDVSA, the Venezuelan state oil company.

Analysts: Only a matter of time before Venezuela loses Citgo. A tanker sails out of the Port of Corpus Christi in Texas after discharging crude oil at the Citgo refinery. A tanker sails out of the Port of Corpus Christi in Texas after discharging crude oil at the Citgo refinery.

State oil company PDVSA's logo is seen at a gas station in Caracas, Venezuela, May 17, 2019. REUTERS/Ivan Alvarado/File Photo CARACAS : Venezuela has named new vice presidents for four units of state oil company PDVSA , as well as a new president for the unit that handles joint ventures with private oil companies, PDVSA said on Saturday. Exxon Mobil Corp said on Wednesday its oil drilling and development activities offshore Guyana were unaffected by a weekend incident in which Venezuela's navy stopped two exploration vessels the For years, the embattled Venezuelan government has had a surprising economic lifeline: a company called Citgo that owns three oil refineries and oversees a nationwide network of pipeline and oil and gas stations in the United States. Citgo has long been a subsidiary of PDVSA, the Venezuelan state oil company.

24 Feb 2020 Rosneft Trading SA, the top buyer of Venezuelan crude last year, was in five oil and natural gas ventures in Venezuela, and has loaned $6.5 

Get the latest oil and energy industry news from the Houston Chronicle on The Bahamas-flagged LNG tanker Diamond Gas Rose docked at the Freeport LNG debt, poor management and corruption, resuscitating Venezuela's oil industry  28 Feb 2020 Venezuela's once-strong petroleum industry has withered amid a years-long economic crisis. After several months with little action, the White  24 Dec 2019 Other analysts also believe that the recovery of oil production in Venezuela will be very difficult in the short term. S&P Global Platts Analytics  19 Feb 2020 Argus provides commodity news and insights from around the world, PdV's offtake of the oil and gas that it still produces inside Venezuela.

28 Feb 2020 Venezuela's once-strong petroleum industry has withered amid a years-long economic crisis. After several months with little action, the White 

31 Jan 2019 A de facto oil embargo placed on Venezuela by the U.S on Monday (Jan. “I think Venezuelan oil production will drop further as a result of the is a leading provider of natural gas, shale news and market information for the  20 May 2019 U.S. sanctions on oil-rich Venezuela appear to be taking hold, resulting in mile- long lines for fuel in the South American nation's second-largest  30 Apr 2019 U.S. oil refiners, once highly dependent on oil imports from Venezuela, have had to adjust and find their oil elsewhere. 19 May 2019 U.S. oil sanctions on Venezuela appear to be taking hold, resulting in their tanks with gas in Cabimas, Venezuela, Thursday, May 16, 2019. 5 Apr 2019 Oil & Gas Venezuela has the largest oil reserves of any country in the world, with more than 300 billion barrels of proven reserves. In 2011 

Venezuela's oil production reached an all-time high in 1970 when the country produced 3.8 million barrels per day (BPD). In 1971, Venezuela nationalized its natural gas industry, and began taking steps to nationalize its oil industry. The oil industry was officially nationalized in 1976.