Oil - Guacamaya

Business Chambers and the End of Rentierism

José Antonio Gil Yepes7 months ago7 months ago012 mins

José Antonio Gil Yepes, director of Datanálisis and an expert in Strategic Planning, Market Research, and Public Opinion, asserts that…

Imagen de la sede de la OPEP en Viena, Austria. Fotografía: alex.ch.

PDVSA Production Rose in August, According to OPEC

Elias Ferrer7 months ago7 months ago02 mins

Venezuela’s oil production rose by at least 13,000 barrels per day (bpd) in August, according to the monthly report from the OPEC.

Reuters: China Concord Strengthens Oil Presence in Venezuela with Floating Platform in Lake Maracaibo

Luis Alejandro Ruiz8 months ago8 months ago04 mins

The arrival of the floating platform Alula in Lake Maracaibo marks a new chapter in energy cooperation between China and Venezuela. The project, valued at $1 billion and led by China Concord Resources Corp (CCRC) in partnership with Petróleos de Venezuela (PDVSA), aims to revive production in the Lago Cinco and Lagunillas Lago fields, with a target of 60,000 barrels per day by 2026.

Reuters: Venezuela oil exports rise as exports to the U.S. resume

Elias Ferrer8 months ago02 mins

Venezuela’s exports rose to over 966,000 barrels per day (bpd) in August, a nine-month high, according to shipping data quoted by Reuters.

Guyana Elections: Candidates, “Big Oil” Interests, Military Alliances, and the Essequibo Conflict

Elias Ferrer8 months ago8 months ago018 mins

Guyana is heading towards the general elections on September 1, 2025, in a climate of high internal and regional tension.

WSJ: ExxonMobil Negotiated in Secret with Rosneft to Return to Russia Amid Peace Talks

Luis Alejandro Ruiz8 months ago7 months ago06 mins

Exxon Mobil held secret meetings this year with Rosneft, Russia’s largest energy company, to evaluate a potential return to the massive Sakhalin oil and gas project in the Russian Far East. According to sources cited by the Wall Street Journal, the plan would depend on a potential peace agreement in Ukraine and the easing of sanctions against Moscow.

Reuters: First Chevron ship arrives in Venezuela to export crude oil to the U.S.

Luis Alejandro Ruiz8 months ago8 months ago02 mins

The Canopus Voyager, flagged in the Bahamas, has initiated the resumption of Venezuelan oil shipments to the United States under the current sanctions framework, with a limited load scheduled for August.