News

The downsides of energy independence.
Venezuelan opposition leader María Corina Machado, currenty in hiding in her country, is touting a major economic reform plan ...
After reaching a high of $81/bbl on Jan. 15, the spot price of WTI crude fell sharply in April to below $60/bbl, the lowest ...
Denying authorization to American oil companies in Venezuela will only create a vacuum filled by countries hostile to the ...
Venezuela is preparing to raise gasoline prices by 50% as the government confronts a looming decline in oil revenue following the suspension of operations by Chevron ( CVX) and other foreign energy ...
Spain, which had been increasing its imports of crude oil from Venezuela earlier this year, completely stopped buying ...
A burst of gunfire shattered the stillness along the Cuyuní River when soldiers from the Guyana Defense Force came under ...
Spain didn't import crude oil from Venezuela in April, ahead of a key sanctions deadline set by U.S. President Donald Trump's ...
Venezuela's oil exports remained relatively steady in May, as increased shipments to China offset falling deliveries to ...
Washington in February canceled key licenses for a handful of partners and customers of state oil company PDVSA, including ...
Venezuela’s oil sector has been grappling with chronic underinvestment, operational inefficiencies, and international sanctions. Although exports ... emphasized market stability over price ...
Higher energy prices ripple through the entire economy ... regional stability, and America’s standing in the world, by extending these vital licenses and keep U.S. oil and gas in Venezuela ...