The U.S. has no plans to change its Venezuela sanctions policy “without constructive steps” from Venezuelan President Nicolás Maduro to restore democracy, White House National Security Council Spokesperson Adrienne Watson said on Oct. 5.
“Our sanctions policy on Venezuela remains unchanged. We will continue to implement and enforce our Venezuela sanctions,” Watson said in a statement after the Wall Street Journal reported that Washington was preparing to ease some sanctions on Venezuela to allow Chevron Corp. to resume pumping oil there.
The newspaper reported that in exchange for the sanctions relief, Maduro’s government would resume talks with the country’s opposition to discuss conditions needed to hold free and fair presidential elections in 2024.
2023-01-30 - Imposition of Russian oil exports is set to take effect on Feb. 5, which is expected to negatively affect Europe's diesel market due to the region's dependence on diesel fuel imported from Russia.
2022-12-12 - Until a slew of LNG export terminals come online, gas production will be high and prices will be low, East Daley says in its annual report.
2022-12-19 - "Russia's invasion of Ukraine has spurred new demand for U.S. energy and should push oil exports above imports late next year assuming shale output accelerates," Vortexa's Rohit Rathod said.
2022-12-12 - U.S. LNG remains in high demand in France, the U.K., the Netherlands and Spain, the top four destinations in September 2022 for cargoes, according to the U.S. Department of Energy.
2023-01-25 - Trinidad and Tobago’s Prime Minister Keith Rowley told attendees at the Trinidad and Tobago Energy Conference 2023 that the country’s petrochemical sector was undergoing major changes and needed to embrace a “greening” of the sector.