Post Tagged with: "U.S. sanctions"

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Tankers Carrying Venezuelan Oil Stuck at Sea

MarineLink


Oil & Gas Publishers Note: We have been covering this story on China and other countries trying to go around the U.S. sanctions on Venezuela. It is interesting that the refineries are watching where the shipments are originating. 16

Trump ready to end Chevron’s sanctions waiver in Venezuela

Trump ready to end Chevron’s sanctions waiver in Venezuela

Houston Chronicle


The Trump administration is ready to unleash the full impact of sanctions on Chevron Corp.’s operations in Venezuela as the U.S. seeks to further squeeze the Maduro regime.

While no decision has been made, it’s increasingly unlikely that …

February 28, 2020 - 11:30 am Closing Bell Story‎, Crude Oil News, Energy News, People
Source: Reuters

Iran oil projects reined in because of lack of funds: minister

Reuters


DUBAI (Reuters) – Iran has had to reduce oil production projects because of a lack of funds and a drop in income from oil exports, Oil Minister Bijan Zanganeh said on Tuesday, according to the official IRNA news agency.…

February 18, 2020 - 12:00 pm Closing Bell Story‎, Crude Oil News, Energy News, International
Flags of Inconvenience: Noose Tightens Around Iranian Shipping

Flags of Inconvenience: Noose Tightens Around Iranian Shipping

From Reuters


Somewhere on its journey from the waters off Iran, around Africa’s southern tip and into the Mediterranean, the Grace 1 oil tanker lost the flag under which it sailed and ceased to be registered to Panama. Iran later …

To Keep Venezuela Oil Afloat, Venezuela Will Blend Domestic, Imported Oil

To Keep Venezuela Oil Afloat, Venezuela Will Blend Domestic, Imported Oil

From Reuters

VIENNA — Venezuela will stick to its plan of blending domestic and foreign crude to maintain and even increase oil production and exports in the face of sanctions prohibiting U.S. companies from buying the country’s oil, oil minister …

July 3, 2019 - 5:03 am Closing Bell Story‎, Crude Oil News, Energy News, OPEC, Trade