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Trump team calls for Maduro's removal amid Venezuela crisis
- Incoming US administration advocates regime change in Venezuela, citing Maduro's political repression
Oil down as Venezuela’s oil sanctions relief eases supply shortages
-Declining US crude stockpiles and China’s recovering economy provide support to price gains
Germany threatened with power cuts
- French nuclear plants which supplied electricity to Germany facing outages
Power cuts hit several Paris districts amid technical fault
- Around 125,000 households were affected at height of incident
French may face power cuts if winter is harsh, warns head of energy regulator
- Targeted power cuts could take place for few hours, no cuts in gas supplies for households, says Emmanuelle Wargon
France faces power cuts of several hours a day in worst-case scenario: Operator
- France's national electricity operator RTE outlines several scenarios for coming winter amid worsening energy crisis
US delegation arrives in Venezuela for talks
- Officials arrive in Caracas to discuss 'bilateral agenda,' says Venezuelan President Nicolas Maduro
France wants return of Iran, Venezuela to global oil market
- To overcome surge in fuel prices, oil-producing countries must increase production ‘exceptionally,’ official says
Can Venezuela be alternative to compensate lost Russian oil?
- Although US-sanctioned Venezuelan oil has brought on table to meet EU states’ crude oil need, country’s oil infrastructure is unlikely to be viable alternative, experts say
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US sanctions have 'returned like boomerang,' affecting American, European economies: Venezuela's president
- US has always been caught up in its own aggression, Nicolas Maduro tells Anadolu Agency in exclusive interview
Venezuela hopes for 'absolute lifting' of sanctions by US
- Maduro administration confirms reports that Washington plans to authorize US, European oil companies to resume operations in Venezuela
As US scrambles to find alternatives to Russian oil, experts see Iran as best option
- Venezuelan oil industry has been struggling with technical difficulties, but Iran has never stopped output after US sanctions in 2018, experts say
ANALYSIS - Venezuela draws on Bloomberg’s clout in bid to gain investments
- Rare set of interviews with influential financial news network reflects government’s dire need of fresh funds and capital
ANALYSIS - Oil Markets: Between cheerful optimism, strategic caution
- Early prices continued upward move Tuesday
Colombia reopening border crossings with Venezuela
- Decision came as surprise to many after Foreign Ministry said it would keep border shut until Sept. 1 due to coronavirus
Oil slips ahead of OPEC+ meeting on Thursday
-Concerns over OPEC+ output increases and uncertainty over oil demand recovery still weigh on oil prices
Venezuela’s oil production rises despite US sanctions
- Production increased in January to 487,000 barrels per day
Venezuela denounces US court ruling over Citgo
- Government rejects decision to order sale of Venezuelan oil company, which has sixth-largest refinery network in US
Venezuela open to foreign investment in oil sector
- In a bid to boost domestic output, government is welcoming foreign investment in sector, which has not occurred since 1990s
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Total announces fourth oil discovery offshore Suriname
- Discovery at Keskesi East-1 well follows previous discoveries at Maka Central, Sapakara West and Kwaskwas in same region
Venezuela condemns US policy of seizing fuel shipments
- Social media exchange between Venezuelan foreign minister and top US diplomat reflects tense relations between governments
Venezuela's last glacier melting due to global warming
- Researchers report sobering finding by evaluating climate change effect from May 2019 to October 2020
Venezuela, Turkey relations peaked after coup attempt
- Caracas always had ‘good relations’ with Ankara; Maduro one of first to condemn coup attempt by FETO, said Jorge Arreaza.
India eyes resuming oil imports from Iran and Venezuela
- India major buyer of Iranian and Venezuelan oil before US imposes sanctions
Iran, Venezuela sanctions relief low priority for Biden
- Biden hinted in campaign of resuming diplomacy with Venezuela and Iran, but analysts say this will not happen overnight
US sells 1.1M barrels of Iranian oil after seizure
- Gasoline was aboard 4 tankers which Iran was trying to ship to Venezuela
OPEC share of global crude output falls to 39% in 2019
- Iran and Venezuela each see a year-over-year 33% decline in crude oil outputBrussels briefing, July 13
13.07.2020
Reports
Latin America’s poor to total 230 million by year’s end
- Coronavirus will leave 45 million more people in poverty compared with 2019, says UN reportNATURAL GAS MARKET (TL/1000Sm³)
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