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Venezuela’s oil and gas sector sees worst crisisVenezuela’s oil and gas sector was already caught in a vicious cycle well before the Covid-19 outbreak created a world economic crisis. Even though there are several international companies still re More… |
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Turkish Airlines to fly thrice to Cuba, VenezuelaTurkish Airlines, the national carrier, is set to enhance its operations in Americas with the launch of three weekly flights to Havana (Cuba) and Caracas (Venezuela) from next month. With existing services to Buenos Aires, Sao Pau More… |
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Saudi King, Venezuela president discuss oil market issuesSaudi Arabia's King Salman bin Abdulaziz Al Saud yesterday met at his palace in Riyadh Venezuelan President Nicolas Maduro and discussed ways to stabilise the world oil markets, the official news agency SPA said. Maduro is cur More… |
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Oil slips as Venezuela sees 10pc glut in marketOil prices fell on Tuesday after Venezuela said that global supplies needed to fall by 10 per cent in order to bring production down to consumption levels, and technical indicators also pointed to cheaper crude futures. Global oil More… |
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Oil slips as Venezuela sees 10pc glut in marketOil prices fell on Tuesday after Venezuela said that global supplies needed to fall by 10 per cent in order to bring production down to consumption levels, and technical indicators also pointed to cheaper crude futures. Global oil More… |
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Oil up as Venezuela sees output dealOil prices rose in Asian trade on Monday after Venezuela said that Opec and non-Opec countries were close to reaching an output stabilizing deal and as clashes in Libya raised concerns that efforts to restart crude exports could be disrupted. More… |
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Venezuela, Iran seek accord for oil market stabilityVenezuela and Iran continue to seek consensus on ways to stabilize oil markets and strengthen Opec, Venezuelan President Nicolas Maduro said on Saturday, following a meeting with Iranian Foreign Minister Mohammad Javad Zarif. &quo More… |
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Opec has de facto output freeze, says VenezuelaVenezuelan energy minister Eulogio Del Pino said on Wednesday Opec has a de facto oil output freeze as its overall production stood steady in the past few months. Del Pino was a key architect of a proposal to freeze oil output ear More… |
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Latam Airlines joins Venezuela airline exodusLatam Airlines on Monday became the latest carrier to suspend its operations in Venezuela, blaming "the current complex economic scenario in the region." International airlines have struggled for years to repatriate reve More… |
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Lufthansa suspends Caracas flightsGerman airline Deutsche Lufthansa said on Saturday it will temporarily suspend flights to Venezuela as of next month due to economic difficulties in the South American nation and problems converting local currency into dollars. In More… |
