US reimposes oil sanctions on Venezuela after broken election promises : Biden administration says Maduro has ‘fallen short’ on pledge of free and fair ...
ft.com/content/85a4e5b9-c536-4bfb-8dee-32bbed60311e
Quick Glance: US to Reinstate Sanctions on Venezuela’s Oil and Gas Sector
- The United States will reimpose sanctions on Venezuela’s oil and gas sector due to the Maduro government's failure to allow 'an inclusive and competitive election' to take place.
- The US government decided not to renew the temporary authorization (General License 44) that allowed transactions with Venezuela's national oil and gas sector without fear of sanctions, citing the Maduro government's failure to uphold key areas of the 'Barbados Agreement.'
- While the impact of revoking the authorization could not be quantified, another authorization from 2022 allowing the oil company Chevron to resume limited resource extraction operations in Venezuela will remain in place.
- Despite reinstating sanctions, a US official emphasized that this should not be seen as a final decision on Venezuela's electoral capabilities, and efforts to support a better future for the country will continue.
Kuwait ranks seventh in crude oil exporting countries: KUWAIT CITY, April 13: Crude oil is indeed a cornerstone of the global economy, serving as a vital raw ...
arabtimesonline.com/news/kuwait-ranks-seventh-in-crude-oil-exporting-countries/
'ILL-FATED MOVE': GOP senator grills Biden’s energy secretary on release of US oil reserves, explains how it's putting national security at risk. GOP senator grills Biden’s energy secretary on release of US oil reserves: 'historically low levels' | Fox Business
How India’s imports of Russian oil have lubricated global markets: But as the country’s importance in the global oil market grows, risks loom
economist.com/asia/2024/04/11/how-indias-imports-of-russian-oil-have-lubricated-global-markets
How India’s imports of Russian oil have lubricated global markets: But as the country’s importance in the global oil market grows, risks loom
economist.com/asia/2024/04/11/how-indias-imports-of-russian-oil-have-lubricated-global-markets
Guyana is one of the fastest growing economies in the world, after offshore oil reserves were discovered in 2015.
President Irfaan Ali says his government ... Show more
The Global Story - Curse of the world's fastest growing economy - Curse of the world's fastest growing economy - BBC Sounds
The Global Story - Curse of the world's fastest growing economy - Curse of the world's fastest growing economy - BBC Sounds
GALP shares explode: GALP Energia reports high oil deposits off Namibia's coast: Shares in Portuguese oil company GALP Energia surged on Monday after the company ...
finanzen.net/nachricht/aktien/wichtige-entdeckung-galp-energia-aktie-springt-hoch-oelfeld-vor-namibia-enthaelt-wohl-mehr-als-10-milliarden-barrel-oel-13438678
Brazil Expands Oil Reserves to Highest Level Since 2015: Brazil Expands Oil Reserves to Highest Level Since 2015 - Business - Brazil - The Rio Times
riotimesonline.com/brazil-expands-oil-reserves-to-highest-level-since-2015/
Guyana Energy Conference to champion greater inclusion of women in O&G industry - Guyana Chronicle
guyanachronicle.com/2024/04/17/guyana-energy-conference-to-champion-greater-inclusion-of-women-in-og-industry/
Africa: How 'Traumatic Decarbonization' Can Impact Political Stability and Peace: In fragile oil-producing states, the sudden loss of hydrocarbon revenues can ...
allafrica.com/stories/202404160054.html
India is the world’s third-biggest consumer of oil—and a lot of it comes from Russia. The flow of discounted crude helps its government keep costs down ... Show more
How India’s imports of Russian oil have lubricated global markets
How India’s imports of Russian oil have lubricated global markets
Venezuela arrests former Maduro allies in oil corruption probe: Ex-oil minister Tareck El Aissami among those accused of engaging in an ‘economic conspiracy’
ft.com/content/0344be1c-88ba-4825-91c0-2f8d765d6947
How Guyana Became Latin America’s Leading Development Lab | by Iván Duque Márquez - Project Syndicate
project-syndicate.org/commentary/how-guyana-uses-oil-wealth-to-accelerate-socioeconomic-development-by-ivan-duque-marquez-2024-04
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Guyana energy boom augurs well for India: Guyana energy boom
augurs well for India
deccanherald.com/opinion/editorial/guyana-energy-boom-augurs-well-for-india-2970293
Oil’s Climb Toward $100: Global Tensions and Supply Cuts Fuel the Rise: Tensions between Israel and Iran, alongside global supply disruptions ...
riotimesonline.com/oils-climb-toward-100-global-tensions-and-supply-cuts-fuel-the-rise/
Ukraine hits oil refineries deep inside Russian territory, as Kyiv steps up drone attacks before Putin’s likely re-election
cnn.com/2024/03/13/europe/ukraine-russia-drone-strikes-putin-intl/
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Biden admin cancels plan to refill emergency oil reserve amid high prices: The Biden administration is abruptly canceling plans to replenish the Strategic ...
foxbusiness.com/politics/biden-admin-cancels-plan-to-refill-emergency-oil-reserve-amid-high-prices
The ‘oil-minded’ must focus on enhancing, not hindering oil production - Guyana Chronicle
guyanachronicle.com/2024/04/05/the-oil-minded-must-focus-on-enhancing-not-hindering-oil-production/
Gas War: Biden Admin Decides Against Refilling Dwindling Oil Reserves, Citing High Prices
thetruthaboutcars.com/cars/news-blog/gas-war-biden-admin-decides-against-refilling-dwindling-oil-reserves-citing-high-44506111
Kuwait votes in its 4th election in as many years in its latest attempt to end political gridlock
pbs.org/newshour/world/kuwait-votes-in-its-4th-election-in-as-many-years-in-its-latest-attempt-to-end-political-gridlock
Five years before his first ministerial appointment in 2019, Didier Budimbu was behind bars in Belgium having been sentenced to two and a half years in prison ... Show more
Backroom deals, mystery… | The Bureau of Investigative Journalism
Backroom deals, mystery… | The Bureau of Investigative Journalism
United launches direct flights to oil-rich Guyana from Houston: The nonstop route flies four times a week from IAH into Georgetown, Guyana’s capital ...
houstonchronicle.com/business/energy/article/guyana-united-houston-flights-oil-exxon-chevron-19381185.php
U.S. tells Venezuela oil sanctions will return in April if it doesn’t agree to free elections
miamiherald.com/news/nation-world/world/americas/venezuela/article287166340.html
Brazil Boosts Oil Reserves by Nearly 7% in 2023: In 2023, Brazil's known oil reserves expanded by 6.98%, with reports showing a total of 15 ...
riotimesonline.com/brazil-boosts-oil-reserves-by-nearly-7-in-2023/
President Ali’s BBC, HARDTalk interview - Guyana Chronicle: ALL Guyanese should be extremely proud of how our President, His Excellency Dr ...
guyanachronicle.com/2024/04/01/president-alis-bbc-hardtalk-interview/
Pertamina’s plan to ship in Venezuelan oil faces hiccup - Companies - The Jakarta Post
thejakartapost.com/business/2024/03/29/pertaminas-plan-to-ship-in-venezuelan-oil-faces-hiccup.html
‘I am going to lecture you on climate change’: President of Guyana hits out at BBC journalist
scroll.in/video/1065996/i-am-going-to-lecture-you-on-climate-change-president-of-guyana-hits-out-at-bbc-journalist
Guyanese President says 'I would lecture you on climate change' to BBC journalist when discussing country's oil reserve
hindustantimes.com/trending/guyanese-president-says-i-would-lecture-you-on-climate-change-to-bbc-journalist-when-discussing-countrys-oil-reserve-101711769659995.html
OGGN needs spectacles to refocus its vision - Guyana Chronicle: The OGGN response focused on two issues, access to information on Guyana’s depletion policy and ...
guyanachronicle.com/2024/03/28/oggn-needs-spectacles-to-refocus-its-vision/
Opposition lacking ‘coherence’ on matters of national interest – Jagdeo - Guyana Chronicle
guyanachronicle.com/2024/03/26/opposition-lacking-coherence-on-matters-of-national-interest-jagdeo/
Crude oil rises as heightened geopolitical risks exacerbate supply concerns: Both benchmarks fell less than 1% last week versus the previous week ...
business-standard.com/economy/news/crude-oil-rises-as-heightened-geopolitical-risks-exacerbate-supply-concerns-124032500108_1.html
U.S. Policy Change Fuels PetroChina’s Venezuelan Oil Deal: PetroChina will soon get Venezuelan oil for its Guangdong refinery, thanks to the U.S ...
riotimesonline.com/u-s-policy-change-fuels-petrochinas-venezuelan-oil-deal/
Eswatini’s new PM lands in Taiwan: Bringing Taiwan to the World and the World to Taiwan
taipeitimes.com/News/taiwan/archives/2024/03/19/2003815149
Despite oil riches, Libyans hit by plummeting purchasing power | kuwaittimes: Despite oil riches, Libyans hit by plummeting purchasing power - Business - ...
kuwaittimes.com/article/11808/business/despite-oil-riches-libyans-hit-by-plummeting-purchasing-power/
The U.S. might bar sales to China from its strategic oil reserve: A measure in a funding bill introduced to avert a government shutdown includes the prohibition
qz.com/u-s-strategic-petroleum-reserve-sales-china-1851304612
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Guyana’s emerging role in the global energy landscape - Guyana Chronicle: By 2035, exploration and development costs should be fully recovered ...
guyanachronicle.com/2024/03/06/guyanas-emerging-role-in-the-global-energy-landscape/
Chevron, Hess Shares Slip as Exxon Considers Bid to Block Guyana Deal: Shares of Chevron Corp. and Hess Corp. slipped after Exxon Mobil Corp ...
trib.al/0n6esQP
Don advocates improved investments to raise oil production: A lecturer at the Society of Petroleum Engineers and the founder of the Petroleum & Chemical ...
punchng.com/don-advocates-improved-investments-to-raise-oil-production/
International Oil Companies not leaving Nigeria – Minister: “I want to use this opportunity to assure everyone that no IOC is leaving Nigeria ...
premiumtimesng.com/news/top-news/672482-international-oil-companies-not-leaving-nigeria-minister.html
Argentina’s Offshore Energy Surge: Argentina's energy sector is advancing, with Vaca Muerta fields already making up nearly half its hydrocarbon production
riotimesonline.com/argentinas-offshore-energy-surge/
Venezuelan PDVSA and Spanish Repsol Aim for Highest Level of Cooperation: Rafael Tellechea, Venezuela's head of PDVSA, recently visited Spain to deepen ties ...
riotimesonline.com/venezuelan-pdvsa-and-spanish-repsol-aim-for-highest-level-of-cooperation/
Aside from the technicalities in updating the oil reserves, sensitivity to the geopolitics may also be a factor - Guyana Chronicle
guyanachronicle.com/2024/02/27/aside-from-the-technicalities-in-updating-the-oil-reserves-sensitivity-to-the-geopolitics-may-also-be-a-factor/
Fuel Prices on the Rise: No Relief in Sight: Analysts from the website e-petrol.pl have forecasted further increases in fuel prices for the coming week ...
polanddaily24.com/fuel-prices-on-the-rise-no-relief-in-sight/business-tech/37017
Replenishing Oil Reserves to Propel Global Demand: A concerted effort to refill oil reserves, particularly in China, the US, and Europe ...
riotimesonline.com/replenishing-oil-reserves-to-propel-global-demand/
Why have fuel prices not changed in 21 months?: Why have fuel prices not changed in 21 months?
deccanherald.com/opinion/why-have-fuel-prices-not-changed-in-21-months-2893341
Venezuela Escalates Military Presence on Guyana Border: Venezuela has ramped up its military forces along the Guyana border, threatening to annex parts of its ...
riotimesonline.com/venezuela-escalates-military-presence-on-guyana-border/
MODELS OF EMPLOYING OIL REVENUES - Guyana Chronicle: IN the past, this column had considered the issue of how the oil revenues should be spent ...
guyanachronicle.com/2024/02/11/models-of-employing-oil-revenues/
Brazil’s Petrobras Teams Up with Shell in African Waters: Petrobras, a leading Brazilian oil company, has partnered with Shell to commence oil exploration within ...
riotimesonline.com/brazils-petrobras-teams-up-with-shell-in-african-waters/
Curious Louisiana: Is oil really stored in Louisiana salt domes?: This week, a Curious Louisiana reader's attention has turned subterranean.
theadvocate.com/curious_louisiana/is-oil-really-stored-in-louisiana-salt-domes/article_0cc07912-b575-11ee-8e2b-bb67fa020cb3.html
Saudi Arabia has an unlikely solar star: ACWA Power has green ambitions beyond its desert home
economist.com/business/2024/01/04/meet-acwa-power-saudi-arabias-unlikely-solar-star
From @Breakingviews : Unilever may feel that the power of its brands has stood the test of time, but it’s a long way down if they fail ... Show more
@aimeedonnellan
reut.rs/42oL8A4
@aimeedonnellan
reut.rs/42oL8A4
White House gives Maduro an April deadline on democratic reform before sanctions snap back
miamiherald.com/news/nation-world/world/americas/venezuela/article284833461.html
Breakingviews - Unilever is test case for edible stranded assets
reuters.com/breakingviews/unilever-is-test-case-edible-stranded-assets-2024-02-02/
China boasts bubbling crude discovery – oil that is, 107 million tonnes – in Henan province, adding fuel to energy-security drive
scmp.com/economy/china-economy/article/3250189/china-boasts-bubbling-crude-discovery-oil-107-million-tonnes-henan-province-adding-fuel-energy
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Shell will be tempted to join US M&A party: Wael Sawan is sitting on the sidelines. The chief executive of $214 billion European oil major Shell (SHEL ...
reuters.com/breakingviews/shell-will-be-tempted-join-us-ma-party-2024-01-05/
Oil output in Türkiye's once terror-ridden southeast at fresh peak: Türkiye on Friday said its daily oil production in Şırnak, the southeastern province that had ...
dailysabah.com/business/energy/oil-output-in-turkiyes-once-terror-ridden-southeast-at-fresh-peak
Kuwait … 10th largest economy in MENA: KUWAIT CITY, Jan 27: Kuwait is the 10th largest economy in the Middle East and North Africa (MENA) ...
arabtimesonline.com/news/kuwait-10th-largest-economy-in-mena/
How Guyana's big oil boom turned it into the world's fastest-growing economy: The 2015 oil discovery led Guyana to become the world's fastest-growing economy ...
cnbc.com/2024/01/27/how-guyanas-big-oil-boom-turned-it-into-the-worlds-fastest-growing-economy.html
Libya slowly settling into a permanent stalemate: In the ever-shifting sands of Libyan politics, the mirage of stability remains just that: a mirage ...
arabnews.com/node/2445171
The United States is producing more oil than any country in history: As the world grapples with the existential crisis of climate change, environmental activists ...
cnn.com/2023/12/19/business/us-production-oil-reserves-crude/
Niger's coup only briefly halted giant oil pipeline project: The July 26 coup d'état, which toppled President Mohamed Bazoum, hit the country just before its oil ...
lemonde.fr/en/economy/article/2024/01/20/niger-s-coup-only-briefly-halted-giant-oil-pipeline-project_6448713_19.html
Market to be short oil from 2025 onwards, Occidental CEO at Davos: The oil market could be heading for a supply crunch from 2025 onwards as oil exploration fails ...
reuters.com/business/energy/market-be-short-oil-2025-onwards-occidental-ceo-davos-2024-01-16/
Essequibo dispute: Leaders of Venezuela and Guyana meet: The Guyanese president commits to peace over oil-rich Essequibo at a meeting with the president of ...
bbc.com/news/world-latin-america-67723936
Quick Glance: Guyana, Venezuela Reach Agreement on Disputed Region
- Both countries commit to avoiding the escalation of conflict over the disputed border area.
- After significant oil and gas discoveries in the offshore areas, Venezuela is once again claiming the Essequibo region as part of its territory.
- Guyana and Venezuela agree not to use violence to settle the long-standing territorial dispute over the oil-rich Essequibo region.
- The dispute over the 160,000-square-kilometer Essequibo region dates back decades, but Venezuela has revived its claim in recent years.
Brunei’s Prince Abdul Mateen to marry commoner fiancée as 10-day royal extravaganza nears climax
scmp.com/news/asia/southeast-asia/article/3248039/bruneis-prince-abdul-mateen-marry-commoner-fiancee-10-day-royal-extravaganza-nears-climax
Essequibo: Venezuela moves to claim Guyana-controlled region: Guyana's defence forces are on full alert as Venezuelan President Nicolas Maduro seeks to exert ...
bbc.com/news/world-latin-america-67635646
Quick Glance: Venezuelans Approve Takeover of Oil-Rich Region in Guyana
- Venezuelans voted overwhelmingly to approve the takeover of an oil-rich region in Guyana, escalating a long-standing territorial dispute.
- The area in question, the densely forested Essequibo region, comprises about two-thirds of Guyana’s national territory and is roughly the size of Florida.
- The referendum aimed to create a Venezuelan state in the Essequibo region, provide its population with Venezuelan citizenship, and incorporate that state into the map of Venezuelan territory.
- Although the vote’s result was widely expected within Venezuela, its practical implications are likely to be minimal, with the creation of a Venezuelan state within the Essequibo a remote possibility.
COP28 climate summit nations agreed to a deal to ‘transition away’ from fossil fuels, which scientists say is the last best hope to avert climate catastrophe ... Show more
reuters.com: 401: 657b018e656d3
reuters.com/business/environment/countries-push-cop28-deal-fossil-fuels-talks-spill-into-overtime-2023-12-12/
Commodity Pressures Impact Brazilian Stocks: On Wednesday, Brazil's main stock index, Ibovespa, dropped 0.46% to close at 130,841 points ...
riotimesonline.com/commodity-pressures-impact-brazilian-stocks/
India’s finance ministry has scrapped a $600 million plan to top up the nation’s strategic crude oil reserves given market volatility and the prospect of a ... Show more
APA Corporation: The Callon Petroleum Acquisition Creates An Overall Win: APA Corporation announced it will acquire Callon Petroleum in a $4.5 billion all-stock ...
seekingalpha.com/article/4661441-apa-corporation-callon-petroleum-acquisition-overall-win
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Representatives from nearly 200 countries agreed at the COP28 climate summit to begin reducing global consumption of fossil fuels to avert the worst impacts of ... Show more
reuters.com: 401: 657b018e656d3
reuters.com/business/environment/countries-push-cop28-deal-fossil-fuels-talks-spill-into-overtime-2023-12-12/
Lessons from the ascent of the United Arab Emirates: How to thrive in a fractured world
economist.com/leaders/2023/11/23/how-to-thrive-in-a-fractured-world
Quick Glance: Insights from the UAE's Rise
- Thriving in a fractured world
- Display of the UAE's skill in managing diverse interests at the UN climate conference
- UAE: A hub for Indian and African businesses, similar to Singapore in the Middle East
- UAE's focus on creating an attractive environment for living and doing business, contrasting with Saudi Arabia's approach
Why Normalizing Venezuela's Maduro Is Dangerous | Opinion: Reinstating the pre-October sanctions may initially make the Biden administration appear weak ...
newsweek.com/why-normalizing-venezuelas-maduro-dangerous-opinion-1857187
Talos Energy: Sunspear Discovery And CO2 Storage Could Push The Price Up: Talos Energy may see production increases in 2024 from Sunspear discovery as well as ...
seekingalpha.com/article/4660578-talos-energy-sunspear-discovery-co2-storage-could-push-price-up
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UAE's Abu Dhabi sees non-oil GDP growth of 7.7% in Q3 2023 -statement: United Arab Emirates' capital Abu Dhabi posted third-quarter non-oil gross domestic ...
reuters.com/world/middle-east/uaes-abu-dhabi-sees-non-oil-gdp-growth-77-q3-2023-statement-2023-12-29/
Guyana-Venezuela tensions: How oil discovery revived Essequibo crisis: Guyana-Venezuela tensions: How oil discovery revived Essequibo crisis
wionews.com/business-economy/guyana-venezuela-tensions-how-oil-discovery-revived-essequibo-crisis-674201
Africa: Dangote's World Class Refinery and Nigeria's Carbon Footprint: Guest Column - Following the delivery of two million barrels of crude oil as part of the ...
allafrica.com/stories/202312270426.html
Kuwait's New Ruler's First Job is To Fix Its Old Problems: He now has a free hand in the formation of any new government, and will consult with ...
ndtv.com/world-news/kuwaits-new-rulers-first-job-is-to-fix-its-old-problems-4694379
Kuwait's ruling emir, Sheikh Nawaf Al Ahmad Al Sabah, dies at age 86: Kuwait's ruling emir, the 86-year-old Sheikh Nawaf Al Ahmad Al Sabah, died Saturday after a ...
ctvnews.ca/world/kuwait-s-ruling-emir-sheikh-nawaf-al-ahmad-al-sabah-dies-at-age-86-1.6690264
The hypocrisy of Caricom: Venezuela, which is geographically more than four times the size of Guyana and, according to the 2022 BP Statistical Review of World ...
trinidadexpress.com/opinion/letters/the-hypocrisy-of-caricom/article_c9daaa86-9e00-11ee-b4be-278ed720694c.html
How oil discovery transformed esequibo dispute | World Business Watch: The ongoing political tensions have an underlying economic dimension to them ...
wionews.com/videos/how-oil-discovery-transformed-esequibo-dispute-world-business-watch-670468
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