News
In Venezuela, Which Leader Will Trump Choose?
Acting President Delcy Rodríguez has the early advantage, but democratic María Corina Machado offers better long-term prospects. Source link
Tag
Oil
Business
Venezuela has received US$300 million in funds from oil sales, acting president says
VENEZUELA’S interim president Delcy Rodriguez said on Tuesday that the country has received US$300 million from oil sales, the first…
News
Oil firmer as ebbing Iranian protests lower chance of US attack
Oil prices were up slightly on Monday, after the previous session’s rise, as Iran’s deadly crackdown on protests quelled civil unrest,…
Business
International oil companies push for quick reforms in Venezuela to give them control over oil exports
The companies are also seeking to remove extra taxes introduced by the government Oil executives and lawyers for international oil…
Business
Venezuelan banks will get US$300 million of oil money to sell on exchange market: sources
FOUR Venezuelan banks were notified this week by the country’s government that they will split US$300 million of oil revenues deposited in…
News
US lifts import ban on Malaysian palm oil firm FGV Holdings
The United States has lifted a ban on Malaysian palm oil firm FGV Holdings, after finding that the company had taken sufficient action to…
Business
US getting 30% higher price for Venezuelan oil than Venezuela did weeks ago, energy chief says
US Energy Secretary Chris Wright said on Thursday the US is getting a 30 per cent higher price for Venezuelan crude oil than Venezuela got…
News
Trump Is Keeping Money From Venezuelan Oil Sale in Offshore Account
The full list of countries subject to the freeze is: Afghanistan, Albania, Algeria, Antigua and Barbuda, Armenia, Azerbaijan, Bahamas,…
Fashion
Oil tanker rates spike as US push into Venezuela redraws flows
The global oil industry is working through the consequences of Washington’s move earlier this month The shipping market is being shaken up…
Culture
Oil prices sink more than 2% as Trump remarks calm concern about Iran
Oil prices slid more than 2 per cent in early Asian trade on Thursday after US President Donald Trump said killings in Iran’s crackdown on…
News
Moment cargo ship crashes into oil tanker in North Sea
A jury at the Old Bailey have been shown CCTV footage of a cargo ship crashing into an oil tanker in the North Sea, causing an explosion…
News
Indonesia’s launch of B50 biodiesel subject to prices of crude oil and CPO, minister says
The country subsidises its biodiesel programme using proceeds from palm oil export levies The timing of Indonesia’s launch of its B50…
News
Proceed with Caution on Venezuelan Oil
Helping jumpstart a decrepit oil sector is one thing; brazenly expropriating its resources is another. Source link
Fashion
Oil edges up as Iran supply risk counters Venezuela export resumption
Oil prices edged higher on Monday (Jan 12) as escalating protests in Iran sparked concerns about supplies from the Opec producer, while…
News
How Will Prospective Venezuelan Oil Production Affect the U.S. Petroleum Market?
Expect the Trump administration to act to protect U.S. oil producers from downward price pressures, instead of letting the free market…
Culture
Chevron could see US$700 million-a-year boost from Venezuelan oil
Chevron could grow its cash flow by as much as US$700 million a year from increasing oil production in Venezuela as the Trump…
News
ExxonMobil calls Venezuela ‘uninvestable’ as Trump pushes oil plan
Low prices are viewed warily within the oil industry, which the US president is counting on to keep pumping crude Major US oil executives…
News
Trafigura readies first Venezuelan oil ship as part of mega sale
Traders have been notifying US refiners to gauge interest for the oil, with sales expected to kick off on Monday Commodities trader…
News
Trafigura readies first Venezuelan oil ship as part of mega sale
Traders have been notifying US refiners to gauge interest for the oil, with sales expected to kick off on Monday Commodities trader…
News
Trump promises oil executives 'total safety' if they invest in Venezuela after Maduro ouster
President Donald Trump on Friday called on oil executives to rush back into Venezuela as the White House tries to quickly secure $100…
News
Oil gains as market weighs Iran, Russia supply risks; dealmaking for Venezuela in focus
The Organization of the Petroleum Exporting Countries pumped 28.4 million barrels per day last month Oil prices rose 2 per cent on Friday…
Business
U.S. companies are ready to pony up $100 billion to build up Venezuela's oil infrastructure
U.S. oil companies are prepared to invest $100 billion to rebuild the oil infrastructure in Venezuela, President Trump announced Friday…
News
U.S. expected to reap 30 million barrels of Venezuelan oil
As much as 30 million barrels of Venezuelan oil is on its way to the United States, according to President Trump, which would be the…
Business
Stocks to watch: China Aviation Oil, Geo Energy
The following companies saw new developments that may affect trading of their securities on Friday (Jan 9): China Aviation Oil (CAO): Its…