NorthAmOil - North America Oil & Gas
US broadens Venezuela energy push beyond oil
The US is looking to Venezuela for more than crude as it seeks to expand energy supplies in the Western Hemisphere and reduce dependence on the Middle East, with coal and the reconstruction of the country’s power grid also part of the strategy
US oil equipment heads to Venezuela as revival gains momentum
Venezuela’s expected oil revival is creating a new export market for US oilfield equipment, with drilling rigs, pumps and well-reconditioning machinery crossing the Caribbean as companies prepare for a potential $100bn rebuilding programme
US eases Venezuela oil transactions while keeping Citgo curbs
The Office of Foreign Assets Control issued General License 52C on September 14, replacing an earlier framework and permitting certain transactions involving Petróleos de Venezuela SA
Venezuela to join G20 energy talks as US seeks western hemisphere oil
Venezuela will send officials to this week’s G20 energy meetings in Houston, bringing Caracas into a gathering of major economies and oil producers as the US seeks to expand energy cooperation in the Western Hemisphere
US silence threatens to derail Spain’s Betancourt money-laundering case
Judge Santiago Pedraz has waited nearly a year for US authorities to act on a request to question five people convicted in America over a corruption scheme involving Venezuela’s state oil company, PDVSA
Nabep targets 500,000 bpd in Venezuela by 2028
North American Blue Energy Partners plans to sharply expand crude production in Venezuela, targeting 500,000 barrels per day (bpd) by the end of 2028 as the company seeks to build on rapid growth over the past two years
Australia’s Santos inks two LNG supply deals
Australian LNG developer Santos has agreed to LNG supply deals with South Korea’s POSCO Steel and US-based Western LNG.
Ukraine’s Naftogaz signs MoU with Kino Aski LNG to explore importing Canadian LNG
Ukraine’s state-run Naftogaz has agreed to a Memorandum of Understanding with Kino Aski LNG to examine potential cooperation on imports of Canadian LNG to Europe.
Venezuela’s oil revival sends US auction gear back into service
Venezuela’s push to revive its oil industry is creating a new market for used US equipment, as companies gather trucks, pumps, workover rigs and other machinery for shipment to the South American producer
Venezuela’s Rodriguez shuffles trade, energy officials
The government also appointed Radamés Gómez Azuaje as vice minister for hydrocarbon geopolitics, adding a new senior official to the team responsible for Venezuela’s energy strategy
Venezuela, Suriname sign deals to deepen trade and energy cooperation
Venezuela will provide expertise in oil and gas exploration and production, as well as technical training for Suriname’s energy industry
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