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Oil and Gas

Halliburton in Venezuela: Smells like Sulfur

halliburton

Venezuelan writer and analyst Clodovaldo Hernandez discusses the rumored deal struck up between Venezuela’s national petroleum industry, PDVSA, and U.S. based multinational corporation Halliburton.

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Paramedic Injured by Violent Groups, Petrol Services Suspended in One Venezuelan Region after Attacks

Wilbany Leon (centre, red jacket), with transport minister Haiman El Troudi (centre, glasses) (Noticias 24)

A motorbike paramedic “almost died” on Monday as a result of nylon placed at the exit to a tunnel in Caracas, while an attack on a PDVSA oil tanker in Carabobo has seen the company cancel its services in the area.

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Venezuela Protests are Sign that US Wants our Oil, Says Nicolás Maduro [Interview, video]

Nicolas Maduro

In an exclusive interview with the Guardian, Venezuela's president claims the Obama administration is fomenting unrest with the aim of provoking a Ukraine-style 'slow-motion' coup.

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Natural Resources as the Dynamic Axis of UNASUR strategy

oil field in Venezuela's Orinoco region

Alí Rodriguez Araque, general secretary of the Union of South American Nations (UNASUR) details the core values of the UNASUR trade bloc, noting the paradox between the extensive reserves of valuable natural resources and the 130 million living in poverty throughout represented nations. Last week UNSAUR sent a delegation to discuss recent conflict and possible resolution in petroleum-rich Venezuela- this statement provides a basis of understanding for UNSAUR's position on Venezuela and their rejection of possible U.S. sanctions.

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Venezuelan Vice President Calls for National Debate on Gasoline Prices

“For those who want homeland, come with me. But on foot, because we have to save gasoline” (Agencies).

The world's lowest petrol prices could be raised for the first time in 16 years, after the Venezuelan government called for a national debate on the country's gasoline subsidies.

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Venezuelan Report: Refinery Disaster Caused by Intentional Manipulation of Gas Pump Bolts

Petroleum and mining minister Rafael Ramirez presenting the report of the investigation into the Amuay tragedy (AVN)

Following government allegations a fortnight ago that last year’s Amuay refinery disaster was caused by sabotage, authorities have now released a full report with details of the year-long investigation.

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Venezuela to Appeal World Bank Ruling on ConocoPhillips Compensation Claim

Venezuela has the largest proven oil reserves in the world, according to the government. The Orinoco belt alone could contain as

 Venezuela's oil and mining minister and head of the country's state oil company, Rafael Ramirez, has stated the government will appeal a World Bank ruling against the 2007 expropriation of oil assets of ConocoPhillips.

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Extraction-ism, Movements, and Revolution

Some days ago a meeting was held in Caracas to debate the relationships between movements and states, and how autonomy and popular power can build alternatives to development that is dependent on the extraction [of oil and minerals] model. 

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Venezuela: War for oil fuels economic crisis

Workers' Mercal, a program for subsidised food that will benefit 23,000 workers in 32 public institutions, was launched thr

With Venezuela’s inflation rate for May soaring to 6.1%, first quarter growth stagnating at 0.7%, and shortages afflicting a number of basic goods, speculation has been rife regarding the country’s economic future.

 

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Eighth PetroCaribe Summit Focuses on Economic Integration between Venezuela and Caribbean

In order to "strengthen, streamline and consolidate" the organization, the development will focus in particular on tra

At the eighth summit of the Latin-American organization PetroCaribe held yesterday in Managua, Nicaragua, representatives from 21 countries agreed to further the creation of a special economic zone to foster the region’s development.

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