Venezuela

State-owned Petróleos de Venezuela (PdVSA) has announced that it plans to launch a US$3.5bn US-dollar denominated bond to domestic investors over the next few

Venezuela's overall business environment can be considered unattractive in a regional context, thanks largely to the country's perceived high levels of economic and political risk,... 2007-03-08

The state-owned company Petróleos de Venezuela (PdVSA) has offered to pay debts owed to its 22 joint venture (JV) partners.

US major ConocoPhillips has announced that the Venezuelan tax authorities have issued a demand for up to US$415mn in back taxes.

Japanese companies Marubeni Corporation and Mitsui have signed a deal with Venezuela to obtain crude oil from state-controlled Petróleo de Venezuela (PdVSA) for a 15-year... 2007-02-23

The shifting geopolitical backdrop to the energy industry is slowly resulting in a realignment of trading relations. Following deteriorating relations with the US, Venezuela has just... 2007-02-22

The governments of Venezuela and Trinidad and Tobago have reached agreement over the division of ownership of the Loran gas field that is located within both their waters. Venezuela... 2007-02-19

Venezuelan President Hugo Chávez has discussed with his Bolivian counterpart, Evo Morales, the possibility of forming a gas producers' group, according to a report in

BMI View: According to a report in The Ottawa Citizen, al-Qaeda has called for attacks on US energy suppliers, notably Canada. While Canada's energy infrastructure has an obvious... 2007-02-14

Nigeria is holding talks with international oil companies (IOCs) and national oil companies (NOCs) over expanding its refining capacity. Edmund Daukoru, the Nigerian oil minister,... 2007-02-05