Latest News for: Oil venezuela


Spain’s Repsol gets US license to keep operating in Venezuela

The Daily Tribune - Bahrain 26 May 2024
Spanish energy giant Repsol has received a license from Washington to keep operating in oil-rich Venezuela without running afoul of sanctions that were reimposed last month, Oil Minister Pedro Tellechea said Friday.

U.S. Leaves The Door Open for Oil Majors to Operate in Venezuela

Oil Price 26 May 2024
... in Venezuela continue pumping crude in the country holding the world’s largest crude oil reserves.

Oil records longest losing streak in 5 months on hawkish US Fed policy, demand worries; Brent down 2% at $82/bbl

Live Mint 25 May 2024
gasoline product supplied, a proxy for demand, reached its highest level since November in the week to May 17, the Energy Information Administration (EIA) said on Wednesday.On the supply side, the oil ...

Spain's Repsol receives US license for Venezuela oil, gas projects -sources

Natural Gas World 24 May 2024
Treasury Department authorizing the energy company to continue and expand its oil and gas business in Venezuela, sources close to the decision said on Thursday ... by taking and refining Venezuelan oil.

Repsol receives US license for Venezuela oil, gas projects

Energies Net 24 May 2024
Repsol has several joint ventures with Venezuela’s state oil company ...

Spain's Repsol receives U.S. license for Venezuela oil, gas projects

Hydrocarbon Processing 24 May 2024
Spain's Repsol has received a license from the U.S. Treasury Department authorizing the energy company to continue and expand its oil and gas business in Venezuela ....

Equinor to invest $1.1bn in Troll gas field to boost production 

Offshore Technology 24 May 2024
... A platform, which will also undergo modification work.&nbspRepsol receives US licence for oil and gas operations in Venezuela Sonatrach awards $2.3bn contract for gas-boosting work in Algeria.

Commentary: The price for me, but not for thee?

Usatoday 24 May 2024
In Venezuela, socialist rulers – and those ruled by socialists – believed that a country with roughly 20 percent of the world’s oil shouldn’t have to pay a lot for gas ... Venezuela’s oil industry.

Spain’s Repsol Awarded US License to Operate in Venezuela

Live Mint 24 May 2024
Last year, Washington temporarily removed restrictions on Venezuela’s gold and oil sectors after the government of President Nicolás Maduro and the opposition signed a deal in Barbados on electoral guarantees.

BP pauses gas-field talks with Venezuela as license expires

Natural Gas World 23 May 2024
HOUSTON, May 22 (Reuters) - Oil major BP has paused discussions with Venezuela on the development of a gas project on the maritime border with Trinidad and Tobago following the expiration of a U.S.

Citgo’s Venezuelan Parent PDV Weighs US Bankruptcy to Slow Sale

Energies Net 23 May 2024
Jef Feeley, Nicolle Yapur and Fabiola Zerpa, Bloomberg News HOUSTON/CARACAS ...

Venezuela Opposition Mulls US Bankruptcy for Citgo to Delay Sale

Rigzone 23 May 2024
Venezuela's opposition is weighing a move that would slow the sale of oil assets under its control by having Citgo Petroleum Corp.'s holding company file for bankruptcy in the US ... .

EIA: Guyana becomes key contributor to global crude oil supply growth

Oilfield Technology 22 May 2024
Guyana, situated on South America's northern coast neighbouring Venezuela, Suriname, and Brazil, has emerged as a significant contributor to growth in the global supply of crude oil ... .

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