TEHRAN, Iran (AP) — Iran's president on Saturday warned the United States not to interfere with a shipment of oil bound for Venezuela after the South American nation said it would provide an armed escort for the tankers.
Venezuela Each member of the organization has one vote and all OPEC decisions on oil production require unanimous consent. (New members may be admitted with approval from three-quarters of the membership, including all founding countries.)9
Define US gallon. US gallon synonyms, US gallon pronunciation, US gallon translation, English dictionary definition of US gallon. n. 1. Abbr. gal. a. A unit of volume in the US Customary System, used in liquid measure, equal to 4 quarts . b. A unit of vo
executives have flocked to Venezuela, seeking opportunities and narrowing the discount for its crude.Notably, Sargeant's Global Oil Management Group (GOMG) recently inked a deal to purchase six shipments of asphalt from PdVSA, signalling a potential shift in the dynamics of Venezuela's oil trade....
Last month, it responded to Venezuela’s highly disputed July presidential election by sanctioning 16 of Maduro’s allies, accusing them of obstructing the vote and carrying out human rights abuses. Saab was arrested in 2020 during a fuel stop en route to Iran to negotiate oil deals on behal...
The article reports that Venezuela President Hugo Chavez wants to sell the nationalized oil companies to China rather than to the U.S.. Chavez nationalization of four large oil projects was bad news for the world market and especially his people. However, he wants to sell the oil companies to...
Venezuela has announced that it is reducing crude shipments to two US refineries as a result of its compliance with Opec's latest round of production cuts.The South American nation's energy ministry said Venezuela is cutting another 189,000 barrels per day - on top of previously implemented red...
“The United States reiterates that the exploitation of Venezuela’s oil assets for the benefit of the illegitimate regime of President Nicolás Maduro is unacceptable, and those that facilitate such activity risk losing access to the US financial system,” the authority warns. ...
They were sentenced to between eight years and 13 years in prison for a never-executed proposal to refinance billions in the oil company’s bonds. Maduro at the time accused them of “treason,” and Venezuela’s supreme court upheld their long sentences earlier this year. The men have ...
Venezuela releases US prisoners and agrees to take deportees Agreement struck in meeting between Trump’s envoy and country’s authoritarian leader Nicolás Maduro January 31 2025 Trump’s border crackdown traps migrants in Mexico US border measures prompt rise in asylum applications in neighbouring cou...