Tag: venezuela oil

Venezuela suspends 19 oil, gas production-sharing contracts signed under Maduro, reports say

February 27, 2026 admin

Venezuela’s interim president Delcy Rodriguez and Cederic Cremers, President of Integrated Gas at Shell plc, talk during a meeting with Shell representatives at Miraflores Palace in Caracas, Venezuela, February 26, 2026 | Photo Credit: Reuters Venezuela’s Oil Ministry has suspended 19 oil production-sharing contracts with private companies signed under the administration of ⁠President Nicolas Maduro,…

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Are Indian firms intent on moving to Venezuelan oil? | Explained

February 19, 2026 admin

Oil tanker Bronco sits anchored in Lake Maracaibo, near the Bajo Grande crude port operated by state oil company PDVSA, in Venezuela, on February 9. | Photo Credit: REUTERS The story so far: Indian refiners have not been particularly enthused with the prospect of Venezuelan oil flowing into the global market following the U.S’ capture…

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Venezuela’s acting President signs oil industry overhaul, easing state control to lure investors

January 30, 2026 admin

Venezuela’s acting President Delcy Rodriguez takes part in a rally, holding up a copy of a new law after lawmakers approved legislation opening the nation’s oil sector to privatisation, at the Miraflores Palace in Caracas, Venezuela, on January 29, 2026. | Photo Credit: AP Venezuela’s government on Thursday (January 29, 2026) approved opening the nation’s…

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Trump tells Cuba to ‘make a deal, before it is too late’

January 11, 2026 admin

Mr. Trump reposted a message suggesting that U.S. Secretary of State Marco Rubio could become the President of now communist-ruled Cuba. File | Photo Credit: Reuters U.S. President Donald Trump urged Cuba on Sunday (January 11, 2026) to “make a deal” or face unspecified consequences, warning that the flow of Venezuelan oil and money to…

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Venezuelans await release of more political prisoners, Maduro ‘doing well’

January 11, 2026 admin

Venezuelans were waiting for more political prisoners to be released on Sunday (January 11, 2026), as ousted President Nicolas Maduro defiantly claimed from his U.S. jail cell that he is “doing fine” after being seized by U.S. forces a week ago. Interim President Delcy Rodriguez has begun to free prisoners jailed under Mr. Maduro, saying…

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Why Trump is targeting Venezuela | Explained

December 29, 2025 admin

Venezuela on December 24 accused the U.S. of carrying out what it called the “greatest act of extortion” during an emergency meeting of the UN Security Council in New York. The accusation came after the U.S. seized two Venezuelan oil tankers in international waters. Venezuela’s Ambassador to the UN, Samuel Moncada, said the move was…

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U.S. pursuing third oil tanker near Venezuela, officials say

December 22, 2025 admin

An oil tanker is docked at El Palito port in Puerto Cabello, Venezuela, Sunday, December 21, 2025. Image used for representational purpose. | Photo Credit: AP The U.S. Coast Guard is pursuing an oil tanker in international waters near Venezuela, officials told Reuters on Sunday (December 21, 2025), ‌in what would be the second such…

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