OPEC+ Determined to Increase Oil Production in April
Image of the OPEC headquarters in Vienna, Austria. Photo: alex.ch. Guacamaya, March 4, 2025. The Organization of the Petroleum Exporting…
Economy
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Trump Ends the “Chevron License”
The American corporation Chevron, through its joint ventures with Pdvsa, produced approximately 242,000 barrels of crude oil per day in…
Trump Threatens to Revoke Chevron’s License for Venezuela
Guacamaya, February 26, 2025. U.S. President Donald Trump announced on Wednesday his intention to suspend General License 41, which allows…
Trinidad and Tobago and Shell Seek License Extension for Gas Project in Venezuela
Trinidad and Tobago intends to request the U.S. government to extend the license granted to British oil company Shell and the National Gas Company of Trinidad and Tobago (NGC) to develop the Dragon gas project in Venezuela, according to sources consulted by Reuters.
Brazil Resumes Electricity Imports from Venezuela
On February 15, Brazil resumed importing electricity from Venezuela to supply the northern state of Roraima, according to Reuters.
United States and Venezuela: Consequences of a Potential End to the Oil Relationship
The oil sector in Venezuela and the United States have had a symbiotic relationship throughout recent history. In the photo:…