News

The downsides of energy independence.
Venezuelan opposition leader María Corina Machado, currenty in hiding in her country, is touting a major economic reform plan ...
After reaching a high of $81/bbl on Jan. 15, the spot price of WTI crude fell sharply in April to below $60/bbl, the lowest ...
Denying authorization to American oil companies in Venezuela will only create a vacuum filled by countries hostile to the ...
Venezuela is preparing to raise gasoline prices by 50% as the government confronts a looming decline in oil revenue following the suspension of operations by Chevron ( CVX) and other foreign energy ...
Spain, which had been increasing its imports of crude oil from Venezuela earlier this year, completely stopped buying ...
A burst of gunfire shattered the stillness along the Cuyuní River when soldiers from the Guyana Defense Force came under ...
Spain didn't import crude oil from Venezuela in April, ahead of a key sanctions deadline set by U.S. President Donald Trump's ...
Venezuela's oil exports remained relatively steady in May, as increased shipments to China offset falling deliveries to ...
Venezuela's government is increasing taxes and public service fees on the private sector to alleviate some of the fiscal ...
Washington in February canceled key licenses for a handful of partners and customers of state oil company PDVSA, including ...
Although the NOC reassured partners that oil and gas production and exports remain uninterrupted and compliant with strict safety standards, the dispute threatens the country’s fragile stability. The ...