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Venezuela

Oil & Gas

US imposes sanction on Russian firm Rosneft in Venezuela

The Trump administration has announced sanctions on a Russian state-controlled brokerage that has helped the Venezuelan government skirt an US oil embargo and enabled President Nicolas Maduro to keep his grip on power in the South American country.

OTC

US energy powers ahead

As the global industry assembles in Houston for the Offshore Technology Conference, it will be in the midst of a quiet American revolution.

Other News

Clashes rock Venezuela as Guaido and Maduro vie for power

Opposition leader Juan Guaido took a bold step to revive his movement to seize power in Venezuela, taking to the streets on Tuesday to call for a military uprising that drew quick support from the Trump administration and fierce resistance from forces loyal to socialist Nicolas Maduro.

Americas

Colombia sees gain in Venezuela’s pain

As neighboring Venezuela collapses, Colombia is hoping to lure oil majors with an unprecedented bidding system: Producers can propose drilling anywhere, at any time, and the country will look into it.

Americas

How oil led Venezuela to chaos

It is a well-proven maxim that discovering oil can be more of a curse than a blessing and nowhere on the face of the Earth offers better testimony to that than Venezuela, now in the throes of political upheaval.