Venezuela News

 

U.S. Tells Eni Repairs to Venezuela Floating Oil Facility Not Barred by Sanctions

Nov 03, 2020

The United States has assured Italian oil company Eni SpA that efforts to prevent a spill at a floating crude facility in Venezuela would not run afoul of sanctions, the company, and the U.S. State Department said on Monday.Images in recent months showing the Nabarima floating storage and offloading facility (FSO), part of the Petrosucre joint venture between Eni and Venezuela's state oil company Petroleos de Venezuela…

PDVSA, Eni Looking at Options to Offload Oil from Idle FSO

Sep 03, 2020

Venezuela's state-run PDVSA and Eni are looking at options to safely offload crude from a floating storage facility on Venezuela's eastern coast that has remained idle for over a year due to U.S. sanctions, according to sources close to the discussions and a statement from the Italian oil company…

Venezuela Oil Minister El Aissami Tests Positive for COVID-19

Jul 13, 2020

Venezuelan oil minister Tareck El Aissami has tested positive for COVID-19, he said on Twitter on Friday, a day after the leader of the socialist party, Diosdado Cabello, tested positive for the virus as well.El Aissami, named to the position this year…

Trinidad Scraps Offshore Gas Field Deal with Venezuela Citing U.S. Sanctions

Feb 04, 2020

Trinidad and Tobago has canceled an agreement with Venezuela for the joint development of a natural gas field straddling their maritime border because of U.S. sanctions on Venezuela's state energy company PDVSA. The Caribbean island nation is a major exporter of liquefied natural gas (LNG)…

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