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Prime Minister Stuart Young is dedicated to finalizing energy deals with Venezuela, specifically the Dragon gas project, amid U.S. policy changes. Young also addresses foreign exchange issues, seeking transparency and …
Efforts Ongoing to Save Dragon Gas Project Amid U.S. Policy Changes Read More
Oil prices rose due to declining U.S. fuel inventories and heightened tensions in the Middle East. Brent crude increased by 0.57%, while WTI gained 0.51%. A larger than expected drawdown …
Oil Prices Increase Amid U.S. Inventory Decline and Middle East Tensions Read More
The Bolivian state energy firm, YPFB, plans to utilize cryptocurrency for energy import payments to tackle its dollar shortage and dwindling foreign reserves amid a fuel crisis. This strategy is …
Bolivia’s YPFB to Implement Cryptocurrency for Energy Imports Read More
The potential revocation of Chevron’s operating license in Venezuela by President Trump may lead to increased corruption and discounted oil prices in Asia. Chevron’s presence has ensured transparency in the …
Impact of Chevron License Revocation on Venezuela’s Oil Industry Read More
Former President Donald Trump’s cancellation of oil licenses for operations in Venezuela threatens to worsen inflation, as it decreases foreign currency availability. This decision poses serious challenges to President Maduro’s …
Trump’s Cancellation of Oil Licenses Heightens Venezuela’s Inflation Challenges Read More
Donald Trump has canceled Chevron’s oil license for operations in Venezuela, citing insufficient electoral reforms by President Maduro. The termination affects Chevron’s ability to export crude oil, which has significantly …
Trump Revokes Chevron’s Oil License in Venezuela, Citing Electoral Failures Read More
Trinidad and Tobago plans to request a U.S. extension for a license enabling Shell and NGC to develop the Dragon gas project in Venezuela, crucial for regional energy security and …
Trinidad to Request U.S. License Extension for Shell’s Venezuelan Gas Project Read More