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The Trump administration last week issued crippling sanctions on Venezuelan state-owned oil firm PDVSA.
Read More »Trump Says Military Intervention in Venezuela `An Option`
European Buyers Stop Buying Venezuelan Crude
In Europe. PDVSA trades with Spain’s energy major Repsol. commodity traders Trafigura and Vitol.
Read More »Oil Hits $63 on Venezuela Sanctions. OPEC
The U.S. sanctions on Venezuela will limit oil transactions between Venezuela and other countries.
Read More »India Surpasses China in Increasing Oil Demand
OPEC forecasts India'.s crude oil demand will expand to 5.8 million barrels per day by 2040.
Read More »Trump Uses Oil Sanctions to Force Maduro to Step Aside
Russian energy giant Rosneft has loaned more than $6bn to PDVSA.
Read More »Rosneft will Invest in Iraq’s Kurdistan amid Crisis
The total recoverable oil reserves at five blocks may amount to 670 million barrels.
Read More »Gazprom Plans to Construct Small Scale LNG Plant on Sakhalin Island.
The facility would have a capacity of 100 000 tpy of LNG.
Read More »John Bolton Admits US Support of Illegal Coup Is about Oil. Not Democracy
Maduro and the Venezuelan people are resisting this coup attempt by the interventionist North American country.
Read More »China`s Greenhouse Gas Emissions Rise despite Xi`s Climate Push
China is among the world'.s largest emitters of methane.
Read More »Venezuela President Urges US Companies to Continue Investing in Venezuela
Over 3.000 US companies are listed in the register of trading companies in Venezuela.
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