
U.S. Government Plans to Extend Chevron License for 60 Days
The Donald Trump administration plans to extend General License 41, which allows Chevron to operate in Venezuela despite sanctions.
The Donald Trump administration plans to extend General License 41, which allows Chevron to operate in Venezuela despite sanctions.
Venezuela’s state-owned oil company, PDVSA has started to export heavy crude that has been shipped by Chevron since 2022.
In the last year, more than $1 billion worth of Venezuelan oil has been labeled as Brazilian crude upon arrival in China.
Reuters estimates that Venezuela’s oil exports fell by 20% in April, averaging 700,000 barrels per day (bpd). This would be the lowest level in nine months.
The new government of Trinidad and Tobago said that it will open discussions with Washington DC to access gas fields across the sea border with Venezuela, as reported by Argus.
This Wednesday, Josu Jon Imaz, CEO of Repsol, shared that the Spanish company is in direct talks with the U.S. government to continue operating in Venezuela.
The Executive Vice President of the Bolivarian Republic of Venezuela, Delcy Rodríguez, was received at the Great Hall of the…
The visit occurs in a global context dominated by geopolitical competition between the United States and China. While Washington reimposes oil sanctions aimed at isolating the government of Nicolás Maduro, Beijing maintains its strategic support, evidencing a bet to strengthen its influence in Latin America and the Caribbean, consolidate its access to energy resources at preferential prices and erode American hegemony in the hemisphere.
Luis Vicente León is an economist and professor at the Andrés Bello Catholic University, as well as the president of…
A recent study by Datincorp, based on a survey of 1,200 people across the country, reveals that 88.3% of Venezuelans believe international economic sanctions affect the entire population. Additionally, ahead of the parliamentary and gubernatorial elections on May 25, only 37.6% of respondents said they would definitely vote.