All posts for maduro

The Valve Closes On Venezuela’s Oil

Under the new sanctions, Venezuela can only sell crude to the USA or using US dollars through offshore companies until April 28, 2019. The US is the main demand centre for Venezuela's heavy crudes; despite investment from Russia and China, the loss of American demand will be a major blow to PDVSA ...

Hui Shan

Posted 1 year agoLink > CrudeOil pricesSanctions +4

Maduro Wins, PDVSA Loses

Despite presiding over a period when the Venezuelan economy has been imploding – with skyrocketing inflation, rampant corruption and massive food shortages – Nicolas Maduro was re-elected as President last week. In an election branded as a ‘sham' by many in the international community, the result d ...

Hui Shan

Posted 2 years agoOpinion > Oil and Gasoil priceVenezuela +1

Rosneft Global Deal-Making Spree Put Competitors Under Pressure

New exploration deals for Rosneft show how it is able to flex its muscles in the world's most fragile places, and beat other exploration companies to the punch. With the encouragement and backing of the Russian government, competitors need to up their game to access some of the most attractive and h ...

Scott Johnson

Posted 2 years agoOpinion > RosneftVenezuelaVenezuela oil +4