Green Car Congress
NOVEMBER 27, 2022
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued Venezuela General License (GL) 41 , authorizing Chevron Corporation to resume limited natural resource extraction operations in Venezuela. This authorization prevents PdVSA (Petróleos de Venezuela, S.A.) 41, whichever is later.
Green Car Congress
JUNE 4, 2013
Venezuela will also receive two other loans from China: one for $1.5 billion dollars to promote projects for local refineries and the other one for $500 million dollars that will be used to purchase drills and Chinese oil equipment. China and Venezuela are developing Orinoco blocks Junin 1, 4 and 8; Boyaca 4 and MP3. Schenk C.J.,
Green Car Congress
MARCH 28, 2012
The amount of crude oil the United States imported from its top five foreign suppliers—Canada, Saudi Arabia, Mexico, Venezuela, and Nigeria—increased slightly during 2011, even though total US crude oil imports fell to their lowest level in 12 years, according to the US Energy Information Administration. Crude oil imports of 1.1
Green Car Congress
JULY 11, 2016
Venezuela acted as a check on the overall level though, as the crisis-hit country’s production continues to hit fresh lows. Polish refiner Grupa Lotos bought a one-off test purchase of 2 million barrels of Iranian light crude recently, and Europe has returned as a key destination for Iranian crude.
Green Cars News
JULY 13, 2009
This level of adoption is made possible by the lower purchase price and reduced per-mile driving cost of electric cars with switchable batteries as compared to gasoline-powered cars. million barrels per day, equivalent to the amount currently imported daily from the Persian Gulf region and Venezuela. light-vehicle fleet by 2030.
Green Car Congress
OCTOBER 20, 2015
Venezuela, an OPEC member, has even proposed an emergency summit meeting. While the sharp decline in crude prices has saved crude consuming nations hundreds of billions of dollars, the loss in revenues has caused crude exporting countries intense economic and financial pain.
Green Car Congress
MARCH 30, 2016
oil, purchasing some 300,000 barrels of U.S. crude oil is Venezuela. In early February, Venezuela’s state-run oil company PDVSA imported a 550,000-barrel cargo of West Texas Intermediate (WTI) through its U.S. In Asia, even China’s state-run Sinopec—the world’s second-largest refiner—has imported a consignment of U.S.
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