The governments were analysing the possible effects that these measures would have on Venezuelan citizens.
Read More »U.S. Considers Raising Sanctions on Venezuelan Oil to Pressure Maduro
Venezuela’s crude oil sales to the United States in 2017 were the lowest since 1991.
Read More »China Rejects U.S. Criticism of Relations with Venezuela
Since 2007. China has loaned more than $50 billion to Venezuela through an oil-for-loans.
Read More »Iran. Panama. China. Hong Kong to Inspect Sunken Oil Tanker
Navigation authorities of the four countries agreed to carry out a joint research on the collision of the Iranian tanker and the Chinese freighter which took place on January 6
Read More »Venezuela Takes Over OPEC Rotating Presidency
Due to the crisis and inability to afford cash for production maintenance. Venezuela is—unwillingly—overcomplying with its share of the OPEC cuts.
Read More »Maduro Urges Latin American states to join cryptocurrency project
Venezuela. home to the largest oil reserves in the world. saw its crude output plummeting throughout the year as its national oil company struggled.
Read More »Wood Mac: Gulf of Mexico could Pump High Oil in 2018
Wood Mac believes exploration in the Gulf of Mexico will remain flat this year.
Read More »Oil-Rich Venezuela Suffers from Gasoline Shortage
Venezuela’s oil production has fallen to levels not seeing since the late-1980s.
Read More »Venezuela Oil-Backed Cryptocurrency to Launch in Days
The government appears to be hoping the petro will offset a collapse in Venezuela’s currency.
Read More »Venezuelan Crude Exports to U.S. Fall To 15-year Lows
Venezuelan crude exports to the U.S. fell last month to their lowest levels since January 2003.
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