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Tag: PDVSA

Business / economics

Ongoing Efforts to Preserve Trinidad and Tobago’s Dragon Gas Project

March 21, 2025March 21, 2025 - by Sofia Nawab - Leave a Comment

Prime Minister Stuart Young is committed to advancing Trinidad and Tobago’s energy agreements, focusing on the Dragon project with Venezuela. He indicated that recent U.S. policy changes could impact these …

Ongoing Efforts to Preserve Trinidad and Tobago’s Dragon Gas Project Read More
Business

Oil Prices Rise Amid U.S. Fuel Inventory Decline and Middle East Tensions

March 21, 2025March 21, 2025 - by Carmen Mendez - Leave a Comment

Oil prices rose due to a decline in U.S. fuel inventories and increased Middle East tensions. Brent crude increased by 0.57% while WTI rose by 0.51%. Key factors included unexpected …

Oil Prices Rise Amid U.S. Fuel Inventory Decline and Middle East Tensions Read More
Business

Bolivia’s YBFB to Utilize Cryptocurrency for Energy Imports

March 12, 2025March 12, 2025 - by Liam Nguyen - Leave a Comment

Bolivia’s YBFB will use cryptocurrency for energy imports to tackle U.S. dollar shortages. This decision follows similar moves by Argentina and Venezuela amid a fuel crisis. YBFB’s spokesperson confirmed the …

Bolivia’s YBFB to Utilize Cryptocurrency for Energy Imports Read More
economics / Politics

Trump’s Proposal to Revoke Chevron’s License Threatens Venezuela’s Oil Sector

February 28, 2025February 28, 2025 - by Liam Nguyen - Leave a Comment

President Trump’s intention to revoke Chevron’s license in Venezuela may drive the oil sector back to secretive practices, increasing corruption and discounts in Asian markets. Chevron’s current involvement has enhanced …

Trump’s Proposal to Revoke Chevron’s License Threatens Venezuela’s Oil Sector Read More
Business / economics

Trump’s Cancellation of Oil Licenses: A New Economic Challenge for Venezuela

February 27, 2025February 27, 2025 - by Liam Nguyen - Leave a Comment

U.S. President Donald Trump’s cancellation of oil licenses for foreign companies in Venezuela is expected to fuel inflation and reduce foreign currency, leading to heightened depreciation of the bolivar. With …

Trump’s Cancellation of Oil Licenses: A New Economic Challenge for Venezuela Read More
economics / Technology

Trump Considers Revoking Chevron’s License Amid Venezuela Crisis

February 27, 2025February 27, 2025 - by Sofia Nawab - Leave a Comment

Former President Trump may revoke Chevron’s Venezuela oil license due to unmet electoral reforms, citing the need for a tougher stance. This presents significant ramifications for U.S.-Venezuela relations and Chevron’s …

Trump Considers Revoking Chevron’s License Amid Venezuela Crisis Read More
Business / economics

Trinidad to Request U.S. License Extension for Shell’s Venezuela Gas Project

February 27, 2025February 27, 2025 - by Carmen Mendez - Leave a Comment

Trinidad and Tobago plans to request an extension for a U.S. license allowing Shell and the National Gas Company to develop the Dragon natural gas project in Venezuela. This extension …

Trinidad to Request U.S. License Extension for Shell’s Venezuela Gas Project Read More
Companies

Trinidad and Tobago Seeks U.S. License Extension for Venezuelan Gas Project

February 25, 2025February 25, 2025 - by Liam Nguyen - Leave a Comment

Trinidad and Tobago is planning to request an extension from the U.S. for a license permitting Shell and NGC to develop a gas project in Venezuela. The Dragon natural gas …

Trinidad and Tobago Seeks U.S. License Extension for Venezuelan Gas Project Read More
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