US-Venezuela Oil Deal: 65 Billion Barrels, a 35% Stake and Big Execution Doubts
Energy

US-Venezuela Oil Deal: 65 Billion Barrels, a 35% Stake and Big Execution Doubts

The announced agreement would give Washington preferential access to Venezuela's largest oil fields, but sanctions, a $1...

Aoife Keane 👁 15 💬 0
Trump Claims Majority U.S. Control of 65 Billion Barrels of Venezuelan Oil
Energy

Trump Claims Majority U.S. Control of 65 Billion Barrels of Venezuelan Oil

The White House says a deal with Venezuela's interim government gives U.S. companies access to vast reserves at no taxpa...

Aoife Keane 👁 13 💬 0
XRG Enters Venezuela's Loran Offshore Gas Licence With bp and UCC
Energy

XRG Enters Venezuela's Loran Offshore Gas Licence With bp and UCC

ADNOC's XRG is joining a Venezuelan offshore gas block it says holds more than 4 trillion cubic feet of proven gas, deep...

Aoife Keane 👁 41 💬 0
ADNOC's XRG Enters Venezuela Through Loran Offshore Gas Concession
Energy

ADNOC's XRG Enters Venezuela Through Loran Offshore Gas Concession

XRG, ADNOC's international energy investment arm, has taken a stake in Venezuela's Loran offshore gas concession alongsi...

Aoife Keane 👁 41 💬 0
Venezuela’s Oil Recovery Is Real, but U.S.-Controlled Revenue Keeps It Opaque
Energy

Venezuela’s Oil Recovery Is Real, but U.S.-Controlled Revenue Keeps It Opaque

Output has roughly doubled since 2020 and six international majors are back, yet analysts say billions in oil revenue re...

Aoife Keane 👁 54 💬 0
IMF Sends First Mission to Venezuela in Over Two Decades as Country Seeks Economic Reopening
Economy

IMF Sends First Mission to Venezuela in Over Two Decades as Country Seeks Economic Reopening

A high-level IMF team met with acting President Delcy Rodríguez, marking a dramatic shift in Caracas’ relationship with ...

Niamh O'Sullivan 👁 36 💬 0
North Santander Bets Logistics and Infrastructure Will Unlock Export Boom with Venezuela
Logistics

North Santander Bets Logistics and Infrastructure Will Unlock Export Boom with Venezuela

Colombia's border department is racing to upgrade roads, rail, and trade zones to seize on a recovering Venezuelan econo...

Eoin McCarthy 👁 30 💬 0
Batista Brothers Diversify Into Venezuelan Oil, Acquiring Stake in Production Project
Companies

Batista Brothers Diversify Into Venezuelan Oil, Acquiring Stake in Production Project

The Brazilian billionaire Batista family has purchased a share in a Venezuelan oil production venture, marking its third...

Declan Byrne 👁 38 💬 0
Batista Brothers Acquire Stake in Venezuelan Oil Venture as Sanctions Ease
Energy

Batista Brothers Acquire Stake in Venezuelan Oil Venture as Sanctions Ease

The Batista family’s Fluxus Oil & Gas has taken a 49% share of the Petrolera Roraima joint venture with PDVSA, betting o...

Aoife Keane 👁 61 💬 0