The financial sanctions did not mention cutting off U.S. imports of Venezuelan oil. which could be critical to Venezuela'.s economy as well as U.S. oil refiners.
Read More »Baker Hughes Reports 6 Drilling Rigs Taken Offline
The rig count now stands at 940 overall. with four oil rigs and two natural gas rigs removed.
Read More »Senators Urge Trump to Avoid Blockade of Venezuela Oil Shipments
A drilling boom in the United States has allowed the government to store more oil than it needs to meet international spare supply agreements.
Read More »Russian Oil Conglomerates Help Venezuelan President Maduro to Stay in Power
The Russian loan was formalized as a prepayment for the purchase of Venezuelan oil.
Read More »Rosneft Lent Venezuela`s State Oil Firm a Total of $6 Billion
Rosneft also plans to close the deal to buy a stake in India'.s refiner Essar Oil in the coming days.
Read More »US Sanctions Against Maduro a `Blunt Attempt to Topple an Unpleasant Leader`
The US sanctions against Venezuelan President Nicolas Maduro is an attempt to oust the ".unpleasant". for Washington leader.
Read More »Oil Markets Brace for Possible U.S. Sanctions on Venezuela
Venezuela is a key source of heavy sour crude supplies for U.S. refiners.
Read More »U.S. Sanctions 13 Senior Venezuelan Officials
The U.S. Treasury Department will issue a sanctions announcement later on Wednesday.
Read More »Mexico Now Dependent on US Natural Gas for Hitting Emissions Targets
The increased dependence on U.S. natural gas imports is forcing the Mexican government to oversee a number of energy market reforms.
Read More »Eni Wins Big in Mexico`s Auction of Shallow-Water Prospects
Eni won two of its blocks in partnership with Citla Energy. an independent Mexico explorer. and one with Capricorn Energy. a unit of UK explorer Cairn Energy.
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