Over a decade. oil-for-loan agreements helped China secure energy supplies for its fast-growing economy.
Read More »IEA warns of higher oil prices as Iran. Venezuela Supply losses
Saudi Arabia lifted output by 70.000 bpd to 10.42 MMbpd last month.
Read More »Venezuela to Launch New Gas Payment System in Border Areas
Maduro last month said the country’s gasoline prices. the lowest in the world. should rise to international levels.
Read More »Venezuela Increases Oil Production
Venezuelan crude oil production averaged about 1.500.000 barrels per day during the first semester of 2018.
Read More »Venezuela Takes Desperate Measures to Support Economy
Venezuela is coping with one of the worst economic disasters in the world.
Read More »Venezuela Agrees to Pay $2B to ConocoPhillips Over Five Years
About 64% of Venezuelans report having lost an average of 24 pounds in 2017.
Read More »Venezuela’s Citgo At Risk Of Confiscation
Citgo has three major refining complexes in the U.S. with a total refining capacity of 750.000 barrels per day.
Read More »PDVSA will Start Using ‘El Petro’ Next Week
The cryptocurrency was launched in February this year despite opposition from parliament.
Read More »Venezuela Gas Prices will Rise to Global Levels
Venezuela. like most oil producing countries. has for decades subsidized fuel as a benefit to consumers.
Read More »Trump-Erdogan Quarrel. Iran Sanctions. Maduro’s Venezuela could Rise Oil Prices
China'.s LNG import volume is soaring as it moves to fulfill growing domestic demand for gas.
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