Venezuela

Article
May 2018
Despite the rise in crude prices, many Latin American countries are still grappling with considerable debt and declining production rates.
Article
April 2018
Deep Sea Mooring (DSM) has announced that it is now carrying out operations for Maersk Drilling in Trinidad.
Article
March 2018
Crude prices tumbled in February over fear of unfettered U.S. shale output, and a combined increase of 130,000 bpd by OPEC members Libya, Nigeria and Venezuela.
Article
February 2018
Rod Uchytil: Leaving an international impact
Article
September 2017
Hope for improved Russian-U.S. relations has evaporated, following a U.S. congressional vote and retaliation taken by the Russian government.
Article
August 2017
Notwithstanding Latin America’s limited economic growth, exploration investments are the common denominator in the region’s major oil and gas plays.
Article
August 2017
On July 30, either through their own free will, or through coercion and intimidation by their president, Nicholas Maduro, the citizens of Venezuela approved a new “Constituent Assembly.”
News
May 08, 2017
Venezuela would be hit from two directions if the U.S. were ever to impose oil-related sanctions against the South American nation where at least 30 have died in anti-government protests in the past month. American drivers may pay more at the pump as well.
News
April 26, 2017
The energy ministers of OPEC members Saudi Arabia and Venezuela plan to meet their Russian counterpart to discuss extending oil-output cuts amid a developing consensus that they should prolong their joint effort to curb supply.
News
April 12, 2017
A turnaround for Venezuela’s oil industry, the lifeblood of the South American country’s ailing economy, would take at least two years under the best of circumstances.
News
February 02, 2017
The recent bump in oil prices isn’t enough to help Petroleos de Venezuela SA (PDVSA) as it faces its fourth consecutive year of declining production.
Article
May 2016
Despite the industry downturn, regionwide potential drives E&P forward
Article
May 2015
Responding to falling oil prices, some Latin American governments push energy investment, while others slash E&P budgets.
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