Via The Atlantic, commentary on Venezuela’s openness for investment (provided the dictatorship falls): The end of Nicolás Maduro’s vicious dictatorship, many people can agree, would be a good thing. Millions of Venezuelans certainly want it; various members of the Trump administration have said they want it, too. The European Parliament passed a resolution urging world leaders to support Venezuela’s […]
Read more »Via Phenomenal World, an article on transformations in Petróleos de Venezuela and geopolitical realignments: Petróleos de Venezuela (PDVSA) has been integral to Nicolás Maduro’s government and the greater Chavista project. Despite the state-owned oil company controlling the largest crude oil reserves in the world, its production capabilities have fallen sharply since 2014: the country went […]
Read more »Via Phenomenal World, a report on ExxonMobil, Venezuela, and the battle for Guyana’s oil: Since the discovery of some of the world’s largest oil reserves in 2015, Guyana has entered a period of economic and geostrategic reconfiguration. According to the Energy Information Administration (EIA), Guyana holds the sixth-largest oil reserves in the Americas and the […]
Read more »Via Energy Daily, a report on Russian and Venezuelan plans to boost cooperation in energy, including nuclear: Anti-American allies Russia and Venezuela vowed to boost cooperation in oil and gas production and the “peaceful use of nuclear energy” at a meeting of foreign ministers in Caracas Tuesday. Russia’s Sergei Lavrov arrived in Venezuela late Monday from […]
Read more »Via Reuters, an article on a growing petroleum connection between India and Venezuela: Venezuela has agreed to give some oil to India’s ONGC Videsh to help it recoup its pending $600 million dividend for a stake in a project in the South American nation, India’s oil secretary said on Wednesday. Indian refiners have resumed purchase […]
Read more »Via Reuters, a report on Colombia’s Ecopetrol consideration of importing gas from Venezuela: Colombia’s majority state-owned oil company Ecopetrol (ECO.CN) is exploring an offer from Venezuela’s PDVSA to supply the Andean country with gas from December 2024, it said on Tuesday. Colombia’s President Gustavo Petro said during a visit to Venezuela over the weekend it was […]
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