oil

Venezuela projects a 5% economic growth in 2022

Published on: June 6, 2022
10:29

Caracas, Jun 6 (Prensa Latina) The Government of Venezuela foresees a growth of the national economy of around five percent in 2022, as reported by the Vice Minister of Anti-Blockade Policies, William Castillo.

European leaders negotiate sanctions on Russian oil

Published on: May 30, 2022
12:08

Brussels, May 30 (Prensa Latina) The leaders of the European Union began a two-day meeting here on Monday to negotiate an agreement on the oil embargo on Russia, as a sanction for the conflict in Ukraine. The 27 nations that make up the bloc are assessing vetoing crude oil imported by sea from Russia to circumvent Hungary's veto and introduce temporary limits on energy prices together with international partners.

Angolan ministry expects soon refinery assembly in northern region

Published on: May 3, 2022
10:18

Luanda, May 3 (Prensa Latina) The Angolan Ministry of Mineral Resources, Oil and Gas expects the next assembly of a crude oil refinery in the northern enclave of Cabinda, a national newspaper reported on Tuesday.

Oil prices slide as Joe Biden announces Strategic Petroleum Reserve

Published on: March 31, 2022
18:30

New York, March 31 (Prensa Latina) Oil prices were lower on Thursday as the White House announced that it will release 1 million barrels per day of oil for the next six months from the Strategic Petroleum Reserve — in an effort to calm spiking oil and gas prices.

Egypt works to increase its oil production

Published on: March 21, 2022
10:33

Cairo, Mar 21 (Prensa Latina) Egypt is currently making progress in the three-dimensional seismic surveys conducted in the Red Sea coast on an area of 6,700 square kilometers, as part of its efforts to increase oil production, an official source reported.

India undeterred, will continue to purchase Russian oil

Published on: March 19, 2022
09:19

Moscow, Mar 19 (Prensa Latina) In a strong rebuke to the US, India has said that it will continue to import energy from whatever sources suit its interests best, even if that means Russia, according to the Indian Foreign Ministry.

Venezuela’s oil production rises in February, according to OPEC

Published on: March 16, 2022
08:01

Caracas, Mar 16 (Prensa Latina) Venezuela has increased its crude oil production by four percent in February, according to a report by the Organization of Petroleum Exporting Countries (OPEC), reviewed by local media on Wednesday.

Venezuelan oil industry ready to increase production

Venezuela al día
Published on: March 11, 2022
07:47

Caracas, Mar 11 (Prensa Latina) The Venezuelan oil industry is currently ready to increase its production and raise it to two million barrels a day, despite the US blockade, Venezuelan Oil Minister Tareck El Aissami assured.

US aggressions against Venezuela are due to oil, Llorenti says

Published on: March 9, 2022
14:25

Caracas, Mar 9 (Prensa Latina) ALBA-TCP Executive Secretary Sacha Llorenti on Wednesday affirmed that it is once again demonstrated that the aggressions by the United States against Venezuela are due to oil.

Honduras analyzes possible purchase of Venezuelan oil

Published on: March 9, 2022
07:43

Tegucigalpa, Mar 9 (Prensa Latina) The National Congress of Honduras would support on Wednesday a possible decision by President Xiomara Castro, of the Liberty and Refoundation (LIBRE) Party, to purchase oil from Venezuela through Petrocaribe.

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