Caracas, August 24, 2022 (venezuelanalysis.com) – A Washington D.C. federal judge has granted US oil corporation ConocoPhillips final approval to enforce a multi-billion arbitration award against Venezuela.
US Judge Upholds ConocoPhillips $8.5B Award, Venezuela Rejects ‘Unlawful’ Ruling
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The writing is on the wall for Europe in terms of this coming winter – It’s going to get ugly. With natural gas imports from Russia cut by 80% through Nord Stream 1 along with the majority of oil shipments, the EU is going to be scrambling for whatever fuel sources they can find to supply electricity and heating through the coming winter. Two sources that were originally suggested as alternatives were Iran and Venezuela.
Venezuela Stops Oil Shipments To Europe As Alternatives To Russian Energy Dry Up
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Venezuela: Oil Production Declines as Shipments to Europe Suspended
Caracas’ oil operations were affected by mechanical disruptions caused by alleged attacks against oil facilities. On July 16 a natural gas pipeline explosion and a power outage interrupted PDVSA’s supply to its main crude production and export hub, the José Antonio Anzoátegui industrial complex in eastern Venezuela.
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With the operational disruption depleting Venezuela’s lightest oil grade stocks, Iran recently began to increase its supply of 29.5°API blend, a lighter alternative to Venezuela’s 16°API Merey, in order to boost fuel production and free domestic upgraded blends for exports.
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However, anonymous sources revealed that Caracas might suspend crude cargoes to Europe while the industry recovers from recent setbacks. PDVSA is reportedly negotiating the terms of the oil-for-debt agreements with Eni and Repsol to receive fuel while still settling long-standing debts owed to the two companies.
Neither Venezuela’s Oil Ministry nor PDVSA has issued statements confirming the alleged halted shipments to Europe or the renegotiation of the swap deals.
CARACAS – Venezuelan opposition leader Juan Guaido has held “informal meetings” with members of newly elected Colombian President Gustavo Petro’s government, he said on Friday.
Venezuela opposition leader Guaido in “informal” meetings with Colombia’s govt
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Argentine Judge Orders The Theft of Venezuela’s EMTRASUR Plane at US Request
Who Is Judge Federico Villena, Hijacker of Venezuela’s EMTRASUR Plane in Argentina?
Caracas, July 27, 2022 (OrinocoTribune.com)—This Tuesday, July 27, the president of Venezuela, Nicolás Maduro, instructed the Superior General Staff of the Bolivarian National Armed Force (FANB) to remain alert to terrorist threats being planned in Bogotá.
Venezuela: President Maduro Calls on Army to be on Alert due to Threats from Bogota, Cabello Points at CIA Asset Simonovis
Relatives of six former Citgo company executives are appealing for a prisoner swap between Venezuela and the United States.
Relatives of Citgo convicts want to swap for Alex Saab
European Oil Companies First to Break US Blockade on Venezuela
Related:
Europe to Receive First Venezuelan Crude in Years as Sanctions Ease
“Our Venezuela related sanctions remain in place,” a State Department spokesperson said. “We will continue to implement and enforce our Venezuela sanctions.”
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Caracas, June 6, 2022 (venezuelanalysis.com) – The US government has reportedly greenlighted two companies to ship Venezuelan oil to Europe as soon as next month.
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Washington is likewise looking to redirect Venezuelan oil shipments from China to Europe in order to cut off Caracas’ income from its Asian ally, which currently buys some 70 percent of Venezuela’s oil production, the unnamed US officials claimed.
Eni and Repsol to Receive Oil-for-Debt Licenses, Venezuela Welcomes ‘Small Steps’
Caracas, May 26, 2022 (OrinocoTribune.com)—This Wednesday, May 25, the Vice President of the United Socialist Party of Venezuela (PSUV), Diosdado Cabello, said that the United States government has not lifted any illegal sanctions against the Venezuelan people.
Diosdado Cabello: Washington Has Not Lifted Any Sanctions Against Venezuela
Related:
Venezuela Confirms US Authorized Oil Corporations to ‘Negotiate & Restart Operations’
Caracas and Tehran have agreed to build more “routes and mechanisms” to counter US sanctions and strengthen their oil industries.
Venezuela and Iran Deepen Cooperation to Overcome US Sanctions
Venezuelan President Nicolás Maduro said on Thursday that the recovery of the country’s oil industry was achieved with the effort of its workers and highlighted the commitment of Oil Minister Tareck El Aissami in the improvements of that sector.
Venezuelan Oil Recovers With Our Own Effort, Says Maduro
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