The Daily Journal.- The U.S. government is considering easing sanctions on vessels belonging to the so-called “ghost fleet” or “shadow fleet,” which have transported oil and petroleum products from Russia, Iran, and Venezuela, in an effort to reduce global shipping rates. President Donald Trump’s administration aims to reduce distribution disruptions caused by record-high maritime freight […]
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The Daily Journal.- Petroquímica de Venezuela (Pequiven) completed the export of 30,000 metric tons of fertilizers to the United States through XTS Commodities, a subsidiary of U.S.-based Xtellus Partners, according to John Barrett, the U.S. chargé d’affaires in Caracas. “It was excellent to see the export of 30,000 metric tons of Pequiven fertilizers to the […]
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The Daily Journal.- Judge Alvin Hellerstein scheduled a hearing in New York for October 15, at which ousted Venezuelan leader Nicolás Maduro and his wife, Cilia Flores, must respond to new charges of conspiracy to commit torture that U.S. prosecutors filed last week. According to an order the judge issued Wednesday and entered into the […]
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The Daily Journal.- North American Blue Energy Partners (NABEP) has begun deploying 11 new oil well maintenance rigs (workover rigs) in Venezuela, along with two 1,500-horsepower drilling rigs that arrived in the country on October 7, the company announced in a statement. According to NABEP, this marks the first time in more than 15 years […]
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The talks will focus on political and civil guarantees to lay the groundwork for a potential electoral process. The Daily Journal.- The opposition delegation participating in talks with Chavismo met Tuesday to prepare the agenda for the third round of negotiations, scheduled to begin Wednesday. The discussions aim to advance an agreement on political and […]
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The Daily Journal.- Venezuela increased its oil production to 1.15 million barrels per day in September, according to the monthly report that the Organization of the Petroleum Exporting Countries (OPEC) released on Tuesday. OPEC data show steady growth over the past three months. Production rose from 1.125 million barrels per day in July to 1.133 […]
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The Daily Journal.- Heavy crude and other grades of oil have accumulated across the Americas in recent weeks as historically high maritime freight rates have hindered exports to Asia and Europe. This market paradox has left Asian and European buyers scrambling to secure supplies, with Brent crude prices exceeding $100 per barrel. Consumers in Asia […]
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The Colombian businessman faces two federal cases involving alleged bribery and money laundering schemes linked to food, medicine, and housing contracts in Venezuela. The Daily Journal.- U.S. authorities arrested Álvaro Pulido Vargas, a business partner of Alex Saab, who faces two federal indictments for allegedly laundering money from bribery schemes involving more than $2 billion […]
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The Daily Journal.- Former Colombian President Gustavo Petro arrived at the 30th International Seminar “Political Parties and a New Society,” organized by Mexico’s Labor Party (PT) in Mexico City, to discuss the left, the climate crisis, and the future of energy resources. Instead, he found himself in a confrontation with two lawmakers from Venezuela’s United […]
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The Daily Journal. — The United States received its first shipment of Venezuelan aluminum since 2018 on Monday, with approximately 15,000 metric tons produced by state-owned CVG Venalum and unloaded in Louisiana. The shipment arrived at the Port of Avondale, near New Orleans, as part of an operation involving U.S. firm Heeney Capital and Swiss […]
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