Oil Tankers Turn Back Amid Risk of Seizure in the Caribbean Sea, According to Reuters
Satellite view of The Skipper, the supertanker intercepted and seized last week with approximately 1.85 million barrels of heavy Venezuelan…
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OPEC: Venezuela’s oil production fell slightly to 934,000 bpd in November
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.”
US Seizes Oil tanker From Venezuela and Raises Tensions with Maduro to the Maximum
Donald Trump confirmed that US forces confiscated a “large oil tanker” off the coast of Venezuela. The operation, initially revealed by Bloomberg, represents a significant escalation in the bilateral conflict and threatens to further complicate Venezuelan crude exports, at a time of increasing military pressure and sanctions. The incident coincides with the day María Corina Machado received the Nobel Peace Prize.
Reuters: Venezuela’s oil exports rose to 920,000 bpd in November
Venezuela’s oil exports reached 921,000 barrels per day (bpd) in November, according to shipping data and documents seen by Reuters.
Venezuela’s National Assembly Approves Extensions for Joint Ventures with Russia
Venezuela’s National Assembly on Thursday approved extensions for two joint ventures with Russian state-owned company Petromost, Petroperijá and Boquerón, allowing them to continue their production from 2026 until 2041.
What does the OPEC’s November report say about Venezuela?
The latest monthly OPEC report, which records October’s production, shows a divergence between the figures from the Ministry of Hydrocarbons, which show an increase of 27,000 barrels per day, and secondary sources, which estimate a drop of 7,000 bpd.
Reuters: Venezuela’s oil exports fall in October due to lower stocks and diluent imports
Venezuela’s oil exports declined by 26% to 808,000 barrels per day in October, according to Reuters.
Venezuelan Oil Production Rises in September: How is it Being Achieved?
According to the latest OPEC report, Venezuela’s oil production has continued to increase since June despite the imposition of new restrictive measures by the United States.
New York Times: Maduro Offered U.S. a Stake in Venezuela’s Oil and Mineral Wealth
The government of Nicolás Maduro would have offered the United States a dominant stake in Venezuela’s oil and mineral wealth in discussions that lasted for months, in order to stave off a military escalation.
Qatar confirms it maintains a communication channel between Venezuela and the United States
The Gulf emirate, known for its role as a mediator in international conflicts, is keeping a communication channel open between the United States and Venezuela amid tensions over the US military presence in the Caribbean.