Since the early hours of Saturday, the armed forces of the United States and Israel bombed several targets inside Iran, which has already responded with bombings on military bases of the former in the region.
The United States Government, through the Office of Foreign Assets Control (OFAC), published a new exception to its sanctions on Venezuelan oil and gas on Friday, allowing new investments.
The U.S. government issued three sanctions waivers on Venezuela’s oil and transport infrastructure on Tuesday, in the wake of Energy Secretary Chris Wright’s visit to the South American country.
The National Assembly is in the process of discussing a second draft of the Hydrocarbons Law Reform, which includes fundamental changes.
On January 9, U.S. President Donald Trump invited seventeen energy executives to the White House, as he invited them to invest “$100 billion” in Venezuela, a country with some of the largest reserves of oil and gas in the world. But are they heeding the call?
The U.S. boarded a second oil tanker off the coast of Venezuela on Saturday, which, according to sources quoted by Axios, was not sanctioned, unlike Skipper, which was seized on December 10.
In its latest report, the Organisation of Petroleum Exporting Countries (OPEC) showed that Venezuela’s crude oil production fell by 2.8% to 934,000 barrels per day in November, according to “secondary sources.”
The United Nations Development Programme (UNDP) estimates that the Venezuelan economy will end the year 6.9% above 2024 levels, while inflation could reach 500%.
Venezuela’s oil exports reached 921,000 barrels per day (bpd) in November, according to shipping data and documents seen by Reuters.
The President of the National Assembly, Jorge Rodríguez, announced for the first time on Sunday, November 30, that attacks by…
