Tag: Venezuela
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Geopolitical Dimensions in the Energy Sector of the Strategic Alliance between Iran and Venezuela (Article)
Read in this article Venezuela appears to play a major role in meeting the energy needs of the United States Oil exports in Iran have witnessed a significant recovery, and are currently estimated at about 1.5 million barrels per day. Venezuela has seen a significant drop in its exports due to US sanctions Iranian technical…
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Visit of the President of Iran to Venezuela.. Do you support energy relations? (article)
Read in this article Iran and Venezuela are two oil-rich countries with a troubled history with the United States Iran and Venezuela share business initiatives to enhance bilateral relations in the energy industry US sanctions significantly impede Iran and Venezuela’s access to international markets Iran and Venezuela have mostly focused on oil and gas cooperation…
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Blacklisted oil tankers transporting fuel from Venezuela to Cuba
Venezuela is trying hard to help its beleaguered Latin neighbor, Cuba, by transporting large amounts of fuel on board oil tankers on the US blacklist, which could expose it to potential legal problems. Maritime documents showed that the state oil company, Petroleos de Venezuela, had transported Venezuelan crude and some fuel derivatives to Cuba on…
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US ConocoPhillips is trying to recover its debt to Venezuela with an oil sale deal
The US company ConocoPhillips is seeking to settle the Venezuelan oil sale agreement in its favor, in an attempt to recover its dues from the South American country. The agreement, if completed, allows the American company to take over the task of transporting Venezuelan crude and selling it in the United States, according to what…