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VENEZUELA OIL EXPORTS
Rust, power cuts and delays: Inside Venezuela’s oil export crisisVenezuela's oil exports face significant delays due to ageing port infrastructure. Tankers wait up to thirty days for loading, slowing oper...- BP to sell 20% stake in Venezuela's Cocuina gas field to Trinidad's NGC, sources sayBP will sell a stake in a Venezuelan gas field to Trinidad's National Gas Company. This agreement follows Venezuela granting BP a license t...
- Big bets, bigger risks: Why US oil majors are holding back in VenezuelaUS oil companies and Venezuela's government face stalled negotiations over key oil assets. Companies seek fiscal guarantees and access to a...
- Russia crude prices swing wildly amid Iran warThe landscape of Russian crude prices for Indian refiners has seen considerable volatility influenced by the Iran war. Initially, discounts...
- Explained: Venezuela's complex and contested debt puzzleVenezuela faces a massive debt restructuring with creditors holding diverse claims. The nation's debt is estimated between $150 billion and...
- Prolonged US-Iran tensions may push India's crude basket above $75/bbl, raise inflation risks: ExpertsMarket experts warn a prolonged US-Iran standoff could increase India's crude oil import costs. Diversified sourcing is expected to cushion...
- One tycoon makes millions from 'dark' journeys on a dangerous oil route while others feared HormuzAmidst the Persian Gulf war, the UAE secretly navigated its oil exports through the Strait of Hormuz using 'dark' ship transits. Korean shi...
- Fall in global crude prices brightens fiscal outlook, El Nino risks lingerEasing West Asian tensions have significantly improved India's fiscal outlook, with economists now predicting a smaller deficit than previo...
- Charting the Global Economy: US hiring slows, eurozone CPI coolsIn Asia, Japan's economy is nearing a post-war growth record, buoyed by AI-driven exports, though some Chinese fund managers warn of an AI ...
- Venezuela earthquake death toll rises to nearly 3,000Venezuela's twin earthquakes have claimed nearly 3,000 lives, with thousands more missing and homeless. International rescue teams are conc...
- India's June crude imports hit record high as Russian supplies surge despite West Asia tensionsIndia's crude oil imports hit a record 4.93 million barrels per day in June, bolstered by substantial purchases from Russia, which solidifi...
- Why India stayed resilient through the Hormuz crisisIndia successfully navigated the Strait of Hormuz closure, ensuring energy security for its citizens. Despite a significant drop in West As...
- Venezuela's largest refinery shutdown after power outage, sources sayVenezuela's largest Amuay refinery, a crucial fuel producer, faced a temporary shutdown due to a power outage following recent deadly earth...
- Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Cargo ship attack near Oman lifts crude pricesWhy are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Oil prices gained more than 2% after a ca...
- Stocks in news: LIC, IRFC, Cummins India, Tata Motors PV, ONGCIndian markets surged on Wednesday, recovering previous day's losses, with banking stocks leading the charge from a strong support zone, si...
- Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
- ONGC's overseas arm set to revive Venezuela operationsONGC Videsh Ltd (OVL) had acquired assets overseas as part of increasing the state-run oil producer's crude output. The move to revive OVL ...
- OPEC oil output lowest since at least 2000 as US blockade squeezes Iran: ReportOPEC oil output in May plummeted to its lowest in over two decades, dropping by 1.06 million barrels per day. This significant decline was ...
- Indian companies willing to deepen presence in Venezuela, says Minister Hardeep Singh PuriIndia is looking to deepen its energy partnership with Venezuela, with Indian companies expressing readiness to expand their presence. This...
- US issues fresh sanctions targeting Venezuela's oil sectorThe US has imposed sanctions on four companies and associated oil tankers operating in Venezuela's oil sector, intensifying pressure on Pre...
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