Over 4.6 trillion cubic feet of natural gas flaring globally in 2019
GlobalData’s latest report, “Global Gas Flaring Market Analysis, 2020 – Over 12.5 Billion Cubic Feet of Associated Gas per Day…
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Venezuela
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Venezuela: a petrostate in peril
As humanitarian turmoil and political tensions continue to rise in Venezuela, the country’s economic lifeline,...
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Venezuela’s failing oil sector will require more than fresh elections to recover
Newly imposed US sanctions on Venezuela will definitely weaken the finances of the current regime.
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Oil prices remain steady as EIA data shows low rise in fuel
Oil prices have remained steady as data from the Energy Information Administration (EIA) reported that...
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US imposes sanctions on Venezuelan oil firm PDVSA
The US has imposed new sanctions on Venezuelan oil firm Petroleos de Venezuela (PDVSA) in...
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Oil prices rise as US enacts sanctions on Venezuela
Oil prices have increased after US imposed sanctions on Venezuelan oil firm Petroleos de Venezuela...
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Venezuela rejects BP’s bid to buy Total’s stake in offshore project
The Venezuelan oil ministry has rejected a proposal from British oil company BP to acquire...
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Dragon field deal will help avoid supply gaps in Trinidad & Tobago
In August 2018, an agreement to import natural gas from the offshore Dragon field was...
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Rosneft secures offshore licences in Venezuela
Rosneft’s subsidiary Groupo Rosneft has secured production licences to develop the Patao and Mejillones offshore...
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