Guyana Elections: Candidates, “Big Oil” Interests, Military Alliances, and the Essequibo Conflict
Guyana is heading towards the general elections on September 1, 2025, in a climate of high internal and regional tension.
Oil
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WSJ: ExxonMobil Negotiated in Secret with Rosneft to Return to Russia Amid Peace Talks
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.
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.
Venezuela Reports 1,084,000 bpd Produced in July: How Does It Maintain Output Despite Sanctions?
PDVSA sign on a water well drilling platform during FICTEC 2018, an International Science and Technology Fair. Photo: @Testing /…
Reuters: Chevron-Chartered Oil Tankers Return to Venezuela
At least three oil tankers chartered by Chevron were reportedly sailing toward Venezuela on Thursday, according to Reuters.
Chevron and Valero Energy Resume Talks to Reactivate Venezuelan Crude Supply
The gradual return of Venezuelan crude to the U.S. market will also impact regional fuel prices. Photograph: Robert Way /…
Malaysia and Panama Take Action Against Sanctioned Oil Transport
In a coordinated move against the trade of sanctioned crude, Malaysia has imposed strict regulations on illegal oil transfers in its waters, while Panama has closed its doors to high-risk, aging vessels. Although pressure on the so-called “shadow fleet” is increasing, historical experience shows that such measures often face structural limitations and the constant reinvention of evasion networks.
OPEC+ to Boost Output in September Despite Demand Uncertainty
The Organization of the Petroleum Exporting Countries and its allies (OPEC+), headed by Saudi Arabia and Russia, approved a new crude production increase of 547,000 barrels per day (bpd) this Sunday, effective September. With this move, the coalition finalizes the reversal of the voluntary cuts of 2.2 million barrels per day (mbd) implemented in 2023, completing the process in half the time initially planned.
Reuters: Venezuela’s oil exports fell by 10% in July, 95% went to China
Venezuela’s oil exports in July were 727,000 barrels per day, 10% lower than the to 807,000 bpd in June, according to LSEG shipping data published by Reuters.
Chevron to Resume Venezuelan Crude Exports in August in “Limited Quantities”
According to its CEO, the initial shipments will help settle part of the company’s outstanding debt and gradually restore production….