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OIL REVENUE IN VENEZUELA
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...- 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...
- ONGC, bp sign technical services contract to boost production from Western Offshore BasinONGC and bp have inked a deal to boost oil and gas output from the Western Offshore Basin. This partnership leverages bp's global expertise...
- ONGC in talks to acquire PDVSA stakes in two Venezuela oilfieldsIndia's ONGC is in talks with Venezuela's PDVSA to acquire stakes in two oilfields, San Cristobal and Carabobo. This move hinges on ONGC se...
- Rubio grilled on Iran, says US won't swap sanctions relief for straitIran war news: US Secretary of State Marco Rubio clarified that Iran sanctions relief is linked to its nuclear program. He stated this duri...
- Trump appears to threaten to 'blow up' ally OmanPresident Trump issued a stark warning to Oman, threatening to "blow them up" if the US ally does not "behave" and allow free passage throu...
- Bharat Petroleum reviewing oil imports daily, spot buying more amid Iran war, chairman saysIndia's Bharat Petroleum is increasing spot crude purchases due to Middle East supply disruptions from the U.S.-Iran conflict, impacting it...
- Cboe to cut staff by 20% as exchange operator sharpens focus on core businessCboe Global Markets' CEO Craig Donohue on Friday outlined plans to sharpen the exchange operator's focus on key businesses, including a 20%...
- Why UAE stepped away from OPEC amid Iran war and soaring crude oil pricesUnited Arab Emirates has announced it will exit OPEC and OPEC+ effective May 1, delivering a fresh shock to an already strained global ener...
- UAE's OPEC exit may not hit oil markets, say executivesUAE’s planned exit from OPEC is unlikely to disrupt global oil markets despite its sizable output, say industry executives, though it may d...
- India plugs oil gap as Middle East supplies sinkIndia is boosting Russian oil imports and reviving supplies from Africa, Iran, and Venezuela. This strategy aims to fill a crude oil gap ca...
- ‘America’s petro-imperialism in Iran has already hiked US fuel cost by $20 billion’Jeff D. Colgan highlights the economic toll of the Iran war on American households. He explains how US military actions against oil-produci...
- Rubio details how the Trump administration will control Venezuela's oil moneyAmerica will permit Venezuela to sell oil currently under US sanctions. Revenue from these sales will initially fund essential government s...
- US control of Venezuela oil risks debt restructuring showdown with ChinaAs the United States tightens its hold on Venezuela's oil shipments, a ripple effect is emerging across geopolitical lines. The alteration ...
- Trump moves to block courts from seizing Venezuelan oil revenue in US accountsPresident Trump signed an executive order to block courts and creditors from seizing Venezuelan oil revenue held in U.S. Treasury accounts....
- U.S. to control Venezuela oil sales ‘indefinitely,’ energy secretary saysThe U.S. intends to maintain significant control over Venezuela's oil industry, overseeing sales indefinitely. Energy Secretary Chris Wrigh...
- Venezuela forced to double discount on oil to Asia due to flood of sanctioned crudeAsian buyers are seeking significant price cuts for Venezuelan oil. This is driven by a surplus of sanctioned crude from Russia and Iran. I...
- India discusses ways to recover $600 mn dues from VenezuelaOil Minister Dharmendra Pradhan today met visiting Venezuelan Foreign Minister Delcy Rodriguez and Oil Minister Eulogio del Pino and discus...
- Government for 'medicines for oil' barter system with VenezuelaThe government is importing significant amount of oil from Venezuela. It is the third largest country in terms of oil imports into India.
- Venezuela approves law taxing foreign oil companies' windfall profitsVenezuela moved to take a greater cut of windfall oil profits, approving a 50 percent tax on foreign oil companies when crude tops $70 a ba...
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