Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
US election means little to Tehran and Caracas
Geopolitical strife embroiling Iran and political corruption in Venezuela suggest little near-term change to oil production from either of the sanctioned states
Letter from South America: Sanction threat fails to curb Caracas
Washington has put oil and gas sanctions back in place while Venezuela prepares for elections. But exemptions remain as the Biden administration looks to domestic gasoline prices ahead of the US’ own elections later this year
Venezuela casts shadow over Guyana’s bright oil future
But 1m b/d production could be just a few years away if geopolitical risks subside
Venezuela’s limited oil sanctions relief
Washington’s move to ease restrictions on Caracas will likely have a more meaningful impact on US refiners than global crude markets
Letter from Caracas: Venezuela and Russia’s fragile oil ties at risk
Moscow’s influence over Caracas uncertain amid upcoming elections and a shift in approach from Washington
Letter from Venezuela: A long journey back from the oil wilderness
Lifting sanctions may still be a bridge too far in becoming a sustainable supplier of crude to the US
Letter from South America: Washington softens Caracas stance
Trinidad & Tobago’s position as a Caribbean gas hub seems more secure following US permission for it to access Venezuela’s Dragon field
Russia sanctions to create oil market slowburn
Venezuela and Iran offer clues to potential effectiveness of the measures
US approves Trinidad-Venezuela Dragon talks
The gas field could help Trinidad and Tobago sustain its LNG industry
Chevron gets back to work in Venezuela
But Washington’s apparent detente with Caracas is unlikely to bolster global crude supplies significantly any time soon
Juan Guaido, president of the National Assembly, during a press conference.
Venezuela Rosneft Chevron
Charles Waine
13 January 2020
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Maduro further muddies Venezuelan waters

Regime’s attempt to seize parliamentary control creates yet another fracture in troubled Latin American nation

Venezuela’s political power tussle took a drastic New Year’s turn following an attempt by President Nicolas Maduro to seize control of the opposition-held National Assembly (NA)—the country’s parliament and the last remaining democratic foothold to which the opposition lays claim.   Security forces on 5 January barred opposition leader Juan Guaido from entering the NA as the legislature body voted in new parliamentary speaker Luis Parra, a former opposition ally subsequently expelled on corruption charges. Guaido later held a rival vote among loyalist MPs outside the offices of an opposition-backed newspaper, before claiming more formal re-election the following day when his supporters final

Also in this section
Petroleum Economist: May 2025
9 May 2025
The May 2025 issue of Petroleum Economist is out now!
LNG gets political
7 May 2025
From China blocking US LNG to Trump demanding that various countries import more of the fuel, the politicisation of LNG is on the rise
Bad omens for Chinese oil demand
6 May 2025
Sino-US trade tensions could see crude consumption crumble despite recent buying behaviour
India revamps retail fuel business
5 May 2025
The country is seeing a notable increase in petroleum product retail outlets, with private operators gaining market share

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search