Regional

Total pulls staff out of Venezuela after US sanctions

(AFP) French oil and gas firm Total has evacuated its staff from Venezuela where its accounts have been blocked due to US sanctions, the company's chief executive said Thursday. "The accounts are blocked thanks to US decisions," CEO Patrick Pouyanne...

TT’s position on Venezuela bad for Dragon Gas deal – Persad-Bissessar

Former Prime Minister of Trinidad and Tobago and current Opposition Leader Kamla Persad-Bissessar says that government’s support for embattled leader of Venezuela Nicolas Maduro could jeopardise the recently signed Dragon Gas deal. Through this arrangement, it was envisaged that natural...

Bloomberg: Tiny Guyana could soon pump more oil than OPEC member Venezuela

Guyana, a country that currently produces no crude, could pump more than OPEC member Venezuela in five years, Bloomberg said in report on Monday. While U.S. sanctions on Venezuela threaten to accelerate an already steep slide in production, neighboring Guyana’s...

US oil sanctions on Venezuela will not be major blow to Maduro regime – Rystad Energy

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...

Break in US-Venezuela relations raises fresh concerns for oil market, OPEC

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,...

Maduro will face ‘swift and severe’ consequences if US diplomats are harmed – US Senator

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...

“Get out!”: Maduro breaks relations with US and demands all consular staff leave in next 72 hours

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,...

Venezuela prepares for massive anti-government marches

(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...

Jamaica seeking to retake Venezuela’s stake in Petrojam

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...

Guyana should seek broader alliance with US military to ward off threat from ‘desperate Venezuelan regime’ – Former Minister

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...

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Suriname mourns former President Chandrikapersad Santokhi, dead at 67

Former Suriname President Chandrikapersad Santokhi has died at the age of 67. According to Waterkant News, an ambulance was called...