Regional

Rystad Energy analyst Paola Rodriguez-Masiu believes that while the sanctions announced on Monday by the US against Venezuelan state oil company PDVSA will have some effect, this will not be harsh as the Trump administration expected. “The sanctions will deal...

A sudden escalation in long-burning tensions between the United States and Venezuela could have far-reaching ramifications in the oil market, where the Bolivarian Republic remains a significant player despite its plunging output, CNBC said in a report Thursday. On Wednesday,...

As tensions continue to rise in Venezuela, US Senator Marco Rubio on Wednesday said that embattled leader Nicolas Maduro will face severe consequences if any harm befalls American diplomats in the South American country. Rubio’s comments came hours after Maduro...

Nicolás Maduro spoke from the balcony of Venezuela’s presidential palace Wednesday, where he announced he was officially breaking political and diplomatic relations with the US and ordered all consular staff to leave the country within the next 72 hours,...

(CNN) Scores of people are expected to take to the streets of Venezuela on Wednesday in a revitalized effort against President Nicolas Maduro and his government. The opposition-controlled National Assembly called for Wednesday's nationwide marches after accusing Maduro's government of...

The Jamaica government said last week it will be enacting special legislation that would allow it to forcibly retake the 49 per cent stake held by Venezuela in the state-owned oil refinery Petrojam, according to a report on the...

A former Guyanese government official believes that a sustained programme to facilitate military tactical support and coordination between Guyana and the United States of America would help to deter further aggression from Venezuela. Former Minister of Natural Resources and the...

(CBC) Relations between Canada and Venezuela took a sudden plunge today as Ottawa appeared to reject an ultimatum issued by President Nicolas Maduro on the eve of his second inauguration. The dispute began with a letter sent by the Lima...

The Lima Group says it has no intention of recognizing the new Nicolás Maduro regime in Venezuela and called on the South American country to desist from violating the sovereign rights of its neighbours. In a joint statement issued on...

Guyana’s Foreign Minister, Carl Greenidge, said on Thursday that the oil-rich South American country has no intention of slowing down offshore exploration and development activities and reiterated that companies operating in the Stabroek Block will continue to execute their...