Latest News for: Venezuela mining

Edit

Colombia's Ecopetrol examining gas imports from Venezuela

Reuters 22 Nov 2023
Petroleos de Venezuela SAFollow ... The advantage of importing gas from Venezuela is the cheaper cost, Colombia's Minister of Mines and Energy Andres Camacho told Reuters at a press conference ... He previously worked at Dow Jones Newswires in Barcelona where he covered oil and mining.
Edit

SBB offer fails to address creditor obligations, US hedge fund says

Reuters 21 Nov 2023
STOCKHOLM, Nov 20 (Reuters) - U.S ... The hedge fund urged bondholders to consider Fir Tree's concerns before potentially participating in the tender offer, whose deadline is Nov. 22 ... Our Standards ... U.S ... First Quantum plans maintenance for Panama copper mine amid protests -sources ... Venezuela close to approving offshore gas license with Trinidad, Shell.
Edit

Germany considers suspending debt brake as coalition cracks show

Reuters 21 Nov 2023
Summary. Ministers at odds after budget rulingEconomy minister warns of threat to industry and jobsSource ... The reality is different." ... "The short-term consequences are hard ... ($1 = 0.9168 euros) ... First Quantum plans maintenance for Panama copper mine amid protests -sources ... Venezuela close to approving offshore gas license with Trinidad, Shell.
Edit

US demand for new credit down in 2023, New York Fed survey shows

Reuters 20 Nov 2023
NEW YORK, Nov 20 (Reuters) - Demand for new credit in the U.S. over the last year has declined and will likely stay soft in the future, according to a survey released on Monday by the New York Federal Reserve ... First Quantum's Panama copper mine to go into maintenance on Nov ... Venezuela close to approving offshore gas license with Trinidad, Shell.
Edit

Countries in Crisis Top Recipients of Chinese Aid

Beijing News 10 Nov 2023
Islamabad - Russia, Venezuela and Pakistan are the top three recipients of Chinese development funding in the past two decades, but the crisis-riddled countries may be losing attraction for Beijing ... China invested most heavily in the Russian industry, mining and construction sectors followed by banking and financial services, and communications.
Edit

Countries in Crisis Top Recipients of Chinese Funds

Beijing News 10 Nov 2023
Islamabad - Russia, Venezuela and Pakistan are the top three recipients of Chinese development funding in the past two decades, but the crisis-riddled countries may be losing attraction for Beijing ... China invested most heavily in the Russian industry, mining and construction sectors followed by banking and financial services, and communications.
Edit

Oil traders are flocking to sanctions-free Venezuela

Economist 09 Nov 2023
The cocktail bar in one of the most expensive hotels in Caracas, the capital of Venezuela, is abuzz ... On October 18th the US Treasury Department announced that it was immediately removing almost all the restrictions it had imposed on Venezuela’s oil, banking and mining sectors for years ... Sanctions on Venezuela’s central bank have been lifted.
Edit

Illegal gold is booming in South America

Economist 09 Nov 2023
Deep in Venezuela’s southern savannah, Las Rajas is a textbook example of an illegal gold mine ... Since then, illegal “wildcat” mining has surged ... On October 18th the United States lifted sanctions on Venezuela’s state-run mining company, among others, in exchange for Mr Maduro’s pledge to hold freer elections next year.
Edit

Lifted sanctions on gold, oil could slow conservation efforts in Venezuela

Mongabay 08 Nov 2023
agreed to lift some sanctions on Venezuela in exchange for a roadmap to presidential elections, tentatively scheduled for the second half of next year ... Most of Venezuela’s mining happens in the Orinoco Mining Arc, a belt of land stretching across the middle of the country, much of it protected rainforest and Indigenous territory.
Edit

Venezuela's oil output to rise modestly after US sanctions relief -EIA

Reuters 07 Nov 2023
The United States in October broadly eased sanctions on Venezuela's oil and gold mining sectors for six months, allowing it to produce and export its crude oil to its favored markets ... Venezuela's average daily production through October was some 780,000 bpd, below state-owned oil firm PDVSA (PDVSA.UL)'s 1 million bpd target.
Edit

Venezuela’s Supreme Court tests President Joe Biden

Economist 02 Nov 2023
For a fortnight in October, it did not seem delusional to feel hopeful about Venezuela ... The following day, the United States government lifted most of the draconian sanctions it had imposed since 2019 on Venezuela’s oil, mining and finance sectors.
Edit

New satellite readings show full extent of mining in the Amazon Rainforest

Mongabay 24 Oct 2023
“There’s this text about preventing and combatting illegal mining, including strengthening international cooperation, but there’s no specifics there ... The map shows 58 cases of illegal mining in virtually every Amazonian country (Brazil, Bolivia, Peru, Ecuador, Colombia, Venezuela, Suriname and Guyana), 49 of them illegal.
Edit

Voting and candidate news

The Cleveland American 23 Oct 2023
Venezuela’s opposition is holding primary elections ahead of the 2024 presidential election ... Shortly after the deal was signed in Bridgetown, Barbados on Tuesday, the United States issued a statement celebrating the political agreement and announced the easing of most sanctions against Venezuela’s energy and mining industries.
Edit

Opinion: Venezuelan Oil-Sanctions Relief Was Just Announced. It Could Be Tested Soon.

Market Watch 23 Oct 2023
administration’s new oil sanctions relief toward Venezuela is broad-ranging and impactful ... and international companies will be allowed to trade Venezuelan oil and transact with Venezuela’s national oil company, PDVSA, as well as with the government, the state mining company, and the Venezuelan central bank.
Edit

Latin American and Caribbean bloc welcomes partial lifting of U.S. sanctions against Venezuela

Xinhua 21 Oct 2023
government officially announced it would suspend several unilateral sanctions against Venezuela, including sanctions impacting companies in oil, gas and gold mining industries. The ALBA-TCP gathers Antigua and Barbuda, Bolivia, Cuba, Dominica, Grenada, Nicaragua, Saint Lucia, Saint Vincent and the Grenadines, Saint Kitts and Nevis, and Venezuela.

Most Viewed

Cape Horn, Chile (6315575532)
Creative Commons / Liam Quinn from Canada https://www.flickr.com/people/59222181@N03
×