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Related Articles
How the Yom Kippur war changed OPEC
Half a century after the 1973 conflict, the world is dramatically different. But OPEC’s power remains
Have India’s imports of Russian crude peaked?
Russia has leapfrogged Mideast sources to become India’s largest supplier, but flows may be poised to plateau
Letter from Nigeria: New leader delivers shock therapy
President Tinubu has already targeted major reforms at the country’s dysfunctional downstream and upstream sectors, as well as overhauling monetary policy
Reality bites for global climate ambitions
Real-world trends for rising oil use in the developing world cast increasing doubt on lofty emissions goals
Shifting sands alter balance of power in Middle East
The region’s political situation and internal relationships are changing amid the growing influence of Russia and China
Letter from Canada: The coming energy war
Conflict between the federal government and Alberta’s new premier seems inevitable
Uncertainty weighs on the Andean energy sector
Collapsing governments and crackdown on public dissent showcase growing instability
Letter from London: Some fuels are more equal than others
For those demonising oil and gas, there is a plot twist: the real bogeymen are coal and the world’s voracious appetite for energy
Trinidad & Tobago looks to awaken the Dragon
The island nation’s energy minister delivers a bullish outlook on oil and gas both home and abroad
A red flag for security of Russian oil supplies
Internal strife and a prolonged war in Ukraine threaten a precarious balance that has kept oil flowing
Venezuela needs investment in new wells
Opinion
Politics Venezuela Russia
Jose Chalhoub
Caracas
8 March 2023
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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

There is a great irony in the fact that sanctions-blighted Venezuela has some wiggle room in exporting crude to the US given it would be replacing Russian barrels. But the irony may be moot given the difficulty the Latin American country would have in, first, getting sanctions lifted further and, second, ramping up supplies even if restrictions were eased. After the Biden administration looked to bring in new sources of crude imports following the ban on Russian oil, it decided in November 2022 to give Chevron a six-month licence to expand operations and export Venezuelan oil to the US. But strained relations between Caracas and Washington mean there is unlikely to be a flurry of new opportu

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How the Yom Kippur war changed OPEC
26 September 2023
Half a century after the 1973 conflict, the world is dramatically different. But OPEC’s power remains

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