Venezuelanalysis.com is an independent website produced by individuals who are dedicated to disseminating news and analysis about the current political situation in Venezuela. Venezuela News, Views, and Analysis News: Oil and Gas. Dec 11th 2019. Venezuela Oil Production Continues Slow Recovery Venezuela Oil Production Continues Slump as News LUKOIL opens research center in Nizhny Novgorod Region. May 28, 2019, 16:41 May 28, 2019. A research center engaged in the development of bituminous materials has opened in Kstovo, Nizhny Novgorod Region. The project was launched by LUKOIL, Russia’s largest private oil company. The new center is fitted with innovative equipment to

Not only is Venezuela's infrastructure crumbling, but the OPEC member's national oil company has been sanctioned by the Trump administration. Crystallex International Corp. may seize U.S.-based stock of Citgo’s parent, which is part of Venezuela’s state-owned oil company, to cover a $1.4 billion award over the nationalization of PDVSA, Venezuela’s national oil company, is being sued in New York for non-payment of a $25m promissory note in an action that opens the door to suits for an estimated $2bn or more regarding a Venezuelan Vice President Delcy Rodriguez said Friday the regime in Caracas is moving the European office of the nation's state-run oil company to Russia. Venezuela has been thrust back into the energy spotlight, analysts told CNBC, with a further slide into political chaos likely to trigger wild swings in the oil price. Venezuela Has Some Bad News and Some Really Bad News In late November, Major General Manuel Quevedo was suddenly appointed both oil minister and head of state-oil company Petróleos de

6 Feb 2020 In the U.S. embargo on Venezuelan oil, Russia is a clear winner PDVSA, Venezuela's state-owned oil company, and Venezuela's Communications Such arrangements, first reported by Bloomberg News and confirmed by 

How Citgo, a U.S. oil company, became Venezuela’s lifeline. A Citgo refinery in Corpus Christi, Tex., on Jan. 25. Or purchase a subscription for unlimited access to real news you can count on. ConocoPhillips announced on Monday that the state oil company, Petróleos de Venezuela, or Pdvsa, had agreed to a $2 billion judgment handed down by an International Chamber of Commerce tribunal Venezuelanalysis.com is an independent website produced by individuals who are dedicated to disseminating news and analysis about the current political situation in Venezuela. Venezuela News, Views, and Analysis News: Oil and Gas. Dec 11th 2019. Venezuela Oil Production Continues Slow Recovery Venezuela Oil Production Continues Slump as News LUKOIL opens research center in Nizhny Novgorod Region. May 28, 2019, 16:41 May 28, 2019. A research center engaged in the development of bituminous materials has opened in Kstovo, Nizhny Novgorod Region. The project was launched by LUKOIL, Russia’s largest private oil company. The new center is fitted with innovative equipment to News The World’s Biggest Oil Trader Negotiates Venezuela Oil Purchase Mar 13, 2020 at 18:53 | Tsvetana Paraskova The largest independent oil trader in the world, Vitol Group, is discussing the

4 Feb 2019 And that can only be bad news for the climate. John Bolton: “Big difference” if “ US oil companies invest in & produce oil in Venezuela”.

30 Jan 2019 The sanctions are meant to put pressure on Venezuelan President sanctions on Venezuela's state-run oil company known as PDVSA. the U.S. sanctions illegal, as reported by the Russian RIA news agency in Reuters. 4 Feb 2019 And that can only be bad news for the climate. John Bolton: “Big difference” if “ US oil companies invest in & produce oil in Venezuela”. 28 Jan 2019 In a news conference Monday, Arreaza asserted that the U.S. continues to have diplomatic relations with Maduro's government after recognizing  Venezuela's oil industry is in crisis. What was once the backbone of Latin America's most prosperous nation is now a constellation of rundown projects, shuttered infrastructure and empty stillness. The United States on Monday sanctioned Venezuela's state-owned oil company, bringing to bear the most significant financial pressure so far on Venezuela's embattled President Nicolas Maduro. The Rotterdam-based energy trader is considering buying the oil from Libre Abordo SA de CV, a little-known Mexican company that says it’s providing humanitarian aid to Caracas in exchange for crude. Venezuela would lose ownership of Citgo by the end of this month, with the shares of the Texas-based refinery going to Russian state-run oil company Rosneft and to other financial backers of the U

18 Feb 2020 The Treasury Department's Office of Foreign Assets Control is acting against Rosneft Trading SA, the company's Swiss-incorporated brokerage 

6 Feb 2020 In the U.S. embargo on Venezuelan oil, Russia is a clear winner PDVSA, Venezuela's state-owned oil company, and Venezuela's Communications Such arrangements, first reported by Bloomberg News and confirmed by  18 Feb 2020 The Treasury Department's Office of Foreign Assets Control is acting against Rosneft Trading SA, the company's Swiss-incorporated brokerage  22 Oct 2019 According to Russian business news outlet, VestiFinance, Russian experts have already visited Venezuela to evaluate the state of PDVSA and 

News The World’s Biggest Oil Trader Negotiates Venezuela Oil Purchase Mar 13, 2020 at 18:53 | Tsvetana Paraskova The largest independent oil trader in the world, Vitol Group, is discussing the

9 Oct 2019 Local news has never been more important. Subscribe for unlimited digital access to the news that matters to your community. #readlocal. “Either  China's biggest energy company shuns Venezuela oil on tighter U.S. sanctions. Lucia Kassai, Bloomberg News. Oil Venezuela. A gas flare burns at a Petroleos  18 Feb 2020 a string of actions aimed at forcing the embattled Venezuelan leader a subsidiary of the Russia's Rosneft Oil Company, was "another major  Venezuela's Oil Industry in Dire Straits—Explained in 10 Graphics According to the latest data, Venezuela's crude oil production now stands at its The one bit of positive news for Venezuela over the past few months has been higher oil 

20 Feb 2019 Even before the sanctions against Petróleos de Venezuela, the state-owned company known as PDVSA, its crude production was rapidly  30 Jan 2019 The sanctions are meant to put pressure on Venezuelan President sanctions on Venezuela's state-run oil company known as PDVSA. the U.S. sanctions illegal, as reported by the Russian RIA news agency in Reuters. 4 Feb 2019 And that can only be bad news for the climate. John Bolton: “Big difference” if “ US oil companies invest in & produce oil in Venezuela”. 28 Jan 2019 In a news conference Monday, Arreaza asserted that the U.S. continues to have diplomatic relations with Maduro's government after recognizing