Tag: Oil
Marco Rubio To Unsuccessfully Seek a New Interventionist Adventure in Venezuela
The U.S. politician proposes reconsidering Chevron’s License in this South American country. On Wednesday, Republican Senator Marco Rubio presented his confirmation hearing as the next U.S. Secretary of State, a position he is expected to assume after Donald Trump’s inauguration on January 20. RELATED: Guyana Must Respect Geneva Agreement, Venezuela Warns Known as one of […]
January 16, 2025
Guyana Must Respect Geneva Agreement, Venezuela Warns
‘Guyana is stealing Venezuela’s oil, gas, and gold,’ Vice President Rodriguez denounced. On Wednesday, Venezuelan Vice President Delcy Rodriguez accused Guyana of illegally seizing natural resources belonging to the Bolivarian nation. RELATED: President Maduro Warns CARICOM About SouthCom’s Provocations in Guyana “Guyana is stealing Venezuela’s oil, gas, and gold. It is also devastating the environment […]
January 16, 2025
Oil Prices increases Due to the Israeli Aggression Against Arab People
Oil prices rose more than 2 percent this Friday after new reports of a possible Iranian retaliation against Israel following the latest attack from Tel Aviv that left four military and one civilian dead. Amid the context of tension in the Middle East and the constant provocations of Israel against different nations in the region, […]
November 1, 2024
Oil and Gas Exploration Means Death: Colombian President Petro
His proposal to decarbonize the Colombian economy, however, has met with resistance from farmers and miners. On Thursday, Colombian President Gustavo Petro assured that his administration will not sign new oil exploration and extraction contracts because it “brings death.” RELATED: President Petro Dennounce Former Vice President and Former General Prosecutor “In about 10 to 15 […]
October 25, 2024
Libya: Oil Production Rebounds as Political Accord Eases Crisis
The reopening of oil facilities came after representatives from Libya’s rival power centers — the Tripoli-based High Council of State and the eastern House of Representatives — reached an accord on Sept 26. On Tuesday, official sources stated that Libya’s oil production has rebounded sharply, reaching 1.13 million barrels per day, just days after the […]
October 9, 2024
Algeria Will Supply Oil to Lebanon To Restore Its Electricity Supply
Algeria will begin supplying Lebanon with fuel oil for its power plants after Lebanon’s electricity company said the day before its supplies were exhausted, according to a radio statement by the Algerian government. RELATED: Lebanon: Israeli Attack in the South Leaves Two Dead and Several Wounded “Instructed by the Algerian President, Abdelmadjid Tebboune, Prime Minister […]
August 18, 2024
OPEC Congratulates Nicolas Maduro on His Reelection as President of Venezuela
‘I thank OPEC Secretary for his congratulations, which is a recognition of the Venezuelan people’s will,’ Maduro stated. On Tuesday, Haitham Al Ghais, the Secretary-elect of the Organization of the Petroleum Exporting Countries (OPEC), sent a letter to Venezuelan President Nicolás Maduro congratulating him on his victory in the elections held on July 28. RELATED: […]
July 31, 2024
Venezuela: Debt Holders Expect Restructuring In Light Of Maduro’s Imminent Victory
Venezuelan debt holders are optimistic about the restructuring of this debt in the medium term, in the context of an imminent victory for Nicolas Maduro in the presidential elections this Sunday, July 28. RELATED: Bolivarian Economic Agenda Quietly Diversifying and Growing Venezuela’s Economy The United States biggest bank and of the world’s crucial financial enterprises […]
July 27, 2024
Tanker Ship Sinking Causes Oil Spill in the Philippines Coast
The tanker was transhipping 1,494 metric tons of industrial fuel when it sank in the early hours of the morning approximately six kilometres off the coast of Bataan.
July 25, 2024
Venezuela Sign Energy Partnership Agreements with Trinidad and Tobago
The meeting held in the Sol del Perú hall, at the Palacio de Miraflores, in Caracas.