the last major US oil company still operating in Venezuela, to negotiate "potential future activities" in the Latin American country, the officials told reporters during a briefing, speaking on the condition of anonymity under ground rules set by the White...
Also on rt.comLast tanker in Iranian flotilla reaches Venezuela, outmaneuvering US sanctions Washington, which seeks to oust Venezuelan President Nicolas Maduro, has long tried to choke off the Latin American nation’s oil sector – the country’s main source of revenue. Apart from targeting stat...
Oil Nations Revise Rules as Prices Climb.Reports on revisions made by Venezuelan President Hugo Chávez on the terms of operating contracts by oil companies in Venezuela, as of April 200.EBSCO_bspWall Street Journal Eastern Edition
consequently, the Gómez dictatorship in Venezuela at the time became more dependent on the oil companies operating in the country since they could reduce production considerably, or even leave the country as quickly as they entered with a negative impact on government revenues. 展开 ...
refiner and marketere Citgo, which is owned by PDVSA, will be permitted to continue operating in the U.S. so long as money goes into a blocked account that Maduro cannot access. The U.S. is one of the few customers that still gives cash payments for Venezuela’s oil exports. 2. ...
Under the sanctions, U.S. companies can continue to purchase Venezuelan oil, but the payments must be held in an account that cannot be accessed by the Maduro regime. "If the people in Venezuela want to continue to sell us oil, as long as that money goes into blocked accounts, we'll ...
The Venezuela Oil and Gas Market is growing at a CAGR of less than 3.5% over the next 5 years. Petróleos de Venezuela S.A, Chevron Corporation, Total SA, NK Rosneft PAO and Repsol SA are the major companies operating in this market.
Who are the key players in Venezuela Oil and Gas Market? Petróleos de Venezuela S.A, Chevron Corporation, Total SA, NK Rosneft PAO and Repsol SA are the major companies operating in the Venezuela Oil and Gas Market. Venezuela Oil and Gas Market Report Snapshots Venezuela Oil and Gas Mark...
Kuwait Petroleum, China National Petroleum, and Petróleos de Venezuela, S.A. are also examples of state-owned oil companies. Sinopec, formerly known as China Petroleum and Chemical, is not exclusively controlled by the government and today has shares listed for trading in Hong Kong, Shanghai,...
One of the critical ratios analysts use to measure the longevity of reserves is thereserve-to-production ratio (R/P). The R/P estimates the number of years a reserve base will last at current annual production rates and is used by companies operating in the oil industry, as well as oil...