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Geopolitics / South America

The Demise Of Petrocaribe

The Demise Of Petrocaribe

May 10, 2018 at 10:44 | Jose Chalhoub

Petrocaribe was a mechanism created in 2004 under the sponsorship of former Venezuelan President Hugo Chavez, allegedly to promote energy cooperation and integration between Venezuela and a number of states…

Did Venezuela Just Lose A Key Ally?

Did Venezuela Just Lose A Key Ally?

Mar 21, 2018 at 14:58 | Nick Cunningham

Venezuela’s debt crisis is only expected to grow worse this year, and the government could be without one of its most important benefactors, raising the odds of yet another default.…

Venezuela Rakes In $735 Million From El Petro Proceeds

Venezuela Rakes In $735 Million From El Petro Proceeds

Feb 21, 2018 at 09:17 | Irina Slav

Venezuela said it had generated US$735 million from the pre-sale of its cryptocurrency backed by crude oil. President Nicolas Maduro saw cryptocurrency sales as a way around Venezuela’s severe…

A Long-Term Threat To Colombian Oil

A Long-Term Threat To Colombian Oil

Feb 06, 2018 at 12:04 | Global Risk Insights

Tracking attacks on oil and gas infrastructure in Colombia can be a mammoth task. Since it was inaugurated in 1986, the Caño Limón–Coveñas pipeline, operated by state-owned company Ecopetrol (NYSE:EC),…

Maduro: Venezuela Could Stop Crude Oil Sales To U.S.

Maduro: Venezuela Could Stop Crude Oil Sales To U.S.

Nov 29, 2017 at 10:56 | Tsvetana Paraskova

True to his ‘anti-imperialistic’ rhetoric, Venezuela’s embattled President Nicolas Maduro now says that his country could stop selling its crude oil to the United States. “The day that they…

Maduro Tightens Grip On PDVSA As Production Plunges

Maduro Tightens Grip On PDVSA As Production Plunges

Nov 27, 2017 at 09:25 | Irina Slav

In a surprise move, Venezuelan President Nicolas Maduro named a National Guard major general as the new head of PDVSA and the country’s oil ministry. The appointment does not bode…

Venezuela To Try US Citizens & Former Citgo Executives As Traitors

Venezuela To Try US Citizens & Former Citgo Executives As Traitors

Nov 23, 2017 at 09:18 | Irina Slav

Six Citgo executives—US citizens—that Venezuela arrested as part of a corruption sweep will be tried as traitors, President Nicolas Maduro said. Citgo’s President Jose Pereira and five senior executives…

Cash Strapped Venezuela To Import Gasoline As Crisis Escalates

Cash Strapped Venezuela To Import Gasoline As Crisis Escalates

May 19, 2017 at 16:30 | Luis Colasante

For over forty days, hundreds of thousands of Venezuelans have taken over the main streets and roads of the country to protest against the dictatorial Venezuelan regime. Since the protests…

Venezuela Is The Wild Card In The OPEC Deal Extension

Venezuela Is The Wild Card In The OPEC Deal Extension

Apr 10, 2017 at 13:46 | Jacob Urban

News coming out of Venezuela over the past two years has reeked of corruption and failed political leadership: a long list of shortages, rampant poverty, incrimination of the…

Latin America Energy Advisory – 7th February 2014

Latin America Energy Advisory – 7th February 2014

Feb 07, 2014 at 14:53 | Editorial Dept

This week we’re stepping back to focus on Latin America again due to the volume of energy developments in the region. This week and last we were debriefed by our…

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