Courtesy of The Economist, a report on how state-run oil giants will make or break the energy transition: Climate activists love to vilify ExxonMobil and Shell. These and other private-sector energy companies have been on the receiving end of proxy battles, legal challenges and other forms of pressure to force them to dump oil and […]
Read more »Via Reuters, an article on U.S. interest in oil & gas projects in Venezuela: Two U.S. investment funds on Tuesday said they formed a joint venture with a Venezuelan firm to pursue oil and gas exploration and production projects in the U.S.-sanctioned South American country. Gramercy Funds Management and Atmos Global Energy said their joint […]
Read more »Via Al Monitor, a report that Iran and Venezuela have signed a two-decade cooperation deal: Iran and Venezuela signed a 20-year deal on cooperation between the two allies subject to US sanctions during a visit Saturday to the Islamic republic by Venezuela’s President Nicholas Maduro. The inking of the agreement “shows the determination of the high-level […]
Read more »Via The Economist, commentary on the potential role that Venezuela could play to help the West wean itself off Russian oil: n april 22nd a ban on Russian oil imports will come into effect in the United States. One of the countries that could benefit is Venezuela. According to Credit Suisse, a bank, its economy is expected […]
Read more »Via The Wall Street Journal, a report on Venezuela’s outreach to help lift U.S. sanctions so that oil can flow: With energy prices soaring because of war in Ukraine, Wall Street firms and other U.S. investors are seeing an opening to press the Biden administration to lift sanctions against a potentially major Western Hemisphere producer of crude, Venezuela. Venezuela’s […]
Read more »Via The Atlantic, a report on how – in the midst of the country’s economic collapse – casinos, and the dollar, are king again: The monkey entered the casino after midnight. It clung to the arm of a short man with a military haircut. The man stood and watched the action at the roulette tables […]
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