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Trump administration split on renewing Chevron’s Venezuela license

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WASHINGTON (Reuters) – The Trump administration is split over whether to renew a license this week for energy company Chevron Corp’s operations in Venezuela, with Secretary of State Mike Pompeo supporting a renewal and others opposing it, three sources with knowledge of the matter said on Tuesday. FILE PHOTO: The logo of Chevron is seen Read More

Venezuela blames nationwide blackouts on ‘electromagnetic attack’

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Massive power outages all across Venezuela were likely caused by an “electromagnetic attack,” the government of President Nicholas Maduro said, stressing that authorities are working to restore the service as soon as possible. The blackout affected the entire nation, Minister of Communication and Information Jorge Rodríguez said on Monday evening, claiming that the power was Read More

Venezuela blames nationwide blackout on ‘electromagnetic attack’

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Massive blackouts across 23 Venezuelan states were caused by an “electromagnetic attack,” the government of President Nicholas Maduro said, stressing that authorities are working to bring back power as soon as possible. The blackout affected the entire nation, Minister of Communication and Information Jorge Rodríguez said on Monday evening, claiming that the power was knocked Read More

Venezuela’s information minister blames nationwide blackout on ‘electromagnetic attack’

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Published time: 22 Jul, 2019 23:17 Follow RT on Massive blackouts across 18 Venezuelan states were caused by an “electromagnetic attack,” the government of President Nicholas Maduro said, stressing that authorities are working to bring back power as soon as possible. DETAILS TO FOLLOW Also on rt.com Widespread power outage hits Venezuela Follow RT on Read More

Hurricane Barry’s impact still being felt in USGC crude market: Platts data

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Houston — The differential for Mars crude on the US Gulf Coast reached its strongest value Monday since March 14, as lost production due to Hurricane Barry, which caused many US Gulf of Mexico producers to shut-in output, created a tight prompt market for regional grades. Not registered? Receive daily email alerts, subscriber notes & Read More

Oil outlook sours as sanctions, global tensions fail to bring out bulls

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LONDON/NEW YORK (Reuters) – Sentiment in the oil market has shifted dramatically in recent days, with hedge funds, producers and traders all taking a more bearish tack in response to what they see as weakness in worldwide demand. FILE PHOTO: The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France March 28, 2019. Read More

US military complains Venezuelan jet ‘aggressively shadowed’ its spy plane… blames Russia

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Published time: 21 Jul, 2019 16:27 Follow RT on A Venezuelan Su-30 fighter “aggressively shadowed” an American spy plane over the Caribbean Sea, the US military said, claiming the jet was at an “unsafe distance” and blaming Russia for its “irresponsible” support for Caracas. Footage of the Russian-made Su-30 aircraft approaching a US EP-3 reconnaissance Read More

Exclusive: IEA revising oil demand growth forecast down on slowing economy

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NEW DELHI (Reuters) – The International Energy Agency (IEA) is reducing its 2019 oil demand forecast due to a slowing global economy amid a U.S.-China trade spat, its executive director said on Thursday. FILE PHOTO: A pump jack operates in the Permian Basin oil production area near Wink, Texas U.S. August 22, 2018. Picture taken Read More

EIA: Iran drove unplanned OPEC production outage to highest levels since 2015

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7/18/2019 WASHINGTON – The U.S. Energy Information Administration (EIA) said unplanned crude oil production outages for the Organization of the Petroleum Exporting Countries (OPEC) averaged 2.5 MMbpd in the first half of 2019, the highest six-month average since the end of 2015. EIA estimates that in June, Iran alone accounted for more than 60% (1.7 Read More

‘Everyone to Caracas!’ Guaido calls for mass street action amid reports of US money boost

6 days ago DieselGasoil Comments Off on ‘Everyone to Caracas!’ Guaido calls for mass street action amid reports of US money boost
In a bid to regain lost momentum, Venezuelan opposition leader Juan Guaido has announced that he would embark on the “next stage” in his quest to seize power next week with a massive street rally planned for Tuesday. “We call on all of Venezuela to mobilize. Together, with the citizen power and the work of Read More