The Loran Manatee unified field development program, which refers to an agreement between Venezuela and Trinidad and Tobago on natural gas at the maritime border, has been affected by the sanctions imposed by the United States.
Trinidad and Tobago Prime Minister Keith Rowley made the announcement…
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oil production
New challenges for Peru in oil matters
Oil production again rubs 60 thousand barrels per day (bpd), after several years of dangerous approach to 40 thousand barrels. To this end, the Norperuano Pipeline (ONP) and the efforts of several oil companies, such as CNPC and,…
Mexico will award 15 contracts to the private sector for oil production
After opening to bank financing, the economy in Mexico has improved satisfactorily. Resuming collaboration with the private sector in the nation opens the way to the exploitation of oil resources with the objective of complementing the…
EU extends economic sanctions to Russia
Sanctions applied by the European Union to Russia will be extended for an additional six months. The decision of the Council was made based on the role of the country in the separatist crisis in eastern Ukraine and for not having applied…
Venezuelan GDP has fallen 52% in six years
Since 2015, the Central Bank of Venezuela (BCV in Spanish) had not published economic indicators and this week the data that has been systematically hidden appeared unexpectedly on the institution's website.
The figures published reveal a…
Venezuela would show an economic growth for 2020
One of the founders of the firm Ecoanalítica, Asdrúbal Oliveros summarized the quarterly report of the financial services company Barclays, which predicts economic growth for Venezuela in 2020.
"By 2020, according to Barclays, Venezuela…
Curaçao Refinery will be operated by Motiva Enterprises
The Curaçao refinery selected the US company Motiva Enterprises (Houston) as a substitute for Petróleos de Venezuela, PDVSA, once its contract expires at the end of 2019.
Although the company has not yet issued a comment on this selection,…