The Italian company is seeking an exemption from U.S. sanctions to continue operating in Venezuela, where it is one of the main suppliers of gas for the domestic market.
A Reuters survey reveals that the oil cartel’s crude output fell by 110,000 barrels per day (bpd) last month, driven by cuts in three key members, while Saudi Arabia slashes prices and OPEC+ prepares to increase production.
The New York Stock Exchange, the world’s largest by market capitalization. Photo: Carol M. Highsmith. Guacamaya, April 7, 2025. The…
Donald Trump has defended the secondary sanctions and tariffs imposed on countries that purchase Venezuelan oil or gas, arguing their “strong impact” on trade. However, this move—along with the recent decision to revoke licenses for transnational companies—has prompted immediate actions from these firms to maintain their operations in Venezuela.
Facilities of Global Oil Management Group LLC in Emmastad, Curaçao, one of the main destinations for Venezuelan asphalt exported by…
U.S. Secretary of State Marco Rubio warned in Georgetown on Thursday that any military action by Venezuela against Guyana or its oil interests “would not end well,” during a visit to strengthen bilateral ties amid the century-old dispute over the Essequibo region.
As part of his latest tour of the Caribbean, the United States Secretary of State, Marco Rubio, held a meeting with Trinidad and Tobago’s Prime Minister, Stuart Young, in Kingston, Jamaica. During this meeting, the Trinidadian government was urged to support the North American country’s measures against Nicolás Maduro’s administration, according to Trinidad’s Guardian newspaper.
Spanish Prime Minister Pedro Sánchez addressed the issue of tariffs on Tuesday, urging the U.S. government to “reconsider, engage in…
Official photograph of Mike Wirth, CEO of the American energy giant Chevron. Guacamaya, March 20, 2025. Chevron’s CEO, Mike Wirth,…
Venezuela’s crude oil production remained stable in February at 1,025,000 barrels per day (bpd), with a slight decrease of 6,000 bpd, according to PDVSA’s estimates.
