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Topic: Patrick Esteruelas

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Energy News // 1 decade ago

Analysis: Caracas OK's windfall-profit tax

Venezuela has approved a 50-percent tax on foreign oil companies for oil when priced at more than $70 a barrel.

Top News // 1 decade ago

Chavez lauds 'win' over ExxonMobil

Venezuelan President Hugo Chavez said his country's recent victory in a lawsuit over ExxonMobil was akin to "a win against the Yankees."

Energy News // 1 decade ago

Analysis: U.S. terror list eyes Venezuela

Two U.S. representatives from Florida introduced legislation seeking to designate Venezuela a state sponsor of terror, a move that could hurt the country's oil sector and U.S. relations in the region.

Energy News // 1 decade ago

Analysis: Lat Am spat may hit energy

The specter of war among Latin American neighbors Colombia, Ecuador and Venezuela, the region's top oil producer, could prove harmful to international oil markets.

Energy News // 1 decade ago

Analysis: Venezuela eases 'cut-off' threat

Officials at Venezuela's state-owned oil and giant PDVSA appeared Tuesday to back away from threats to "cut-off" oil supplies to the United States amid a multi-billion dollar legal fight with ExxonMobil.

Energy News // 1 decade ago

Analysis: PDVSA to increase ranks

Venezuelan President Hugo Chavez said he wants to increase the workforce of state-run petroleum company PDVSA by 35 percent in the coming year, a move some say is an effort to increase the government’s hold on the country’s oil and gas industry and win additional political support ahead of a key vote.

Quotes

PDVSA is financially stretched as a result of declining oil prices and its growing obligations, casting a dark cloud over Venezuela's future production outlook
Venezuela takes over oil service contracts May 22, 2009

PDVSA is financially stretched as a result of declining oil prices and its growing obligations, casting a dark cloud over Venezuela's future production outlook
Venezuela muscles oil service contractors May 06, 2009

The Venezuelan government has become more and more dependent on oil, and oil exports to the U.S. in particular, making it highly unlikely that Venezuela will cut off oil supplies to the U.S., despite the latest threats
Venezuelan oil troubled by economy? Dec 09, 2008

The Venezuelan government has become more and more dependent on oil, and oil exports to the U.S. in particular, making it highly unlikely that Venezuela will cut off oil supplies to the U.S., despite the latest threats
Venezuela cutting oil production Nov 06, 2008

The Venezuelan government has become more and more dependent on oil, and oil exports to the U.S. in particular, making it highly unlikely that Venezuela will cut off oil supplies to the U.S., despite the latest threats
Venezuelan oil output way down Oct 15, 2008