oil production

Venezuela’s Acting President says she has had ‘enough’ US orders

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Venezuela’s Acting President says she has had ‘enough’ US orders

Venezuela’s Acting President Delcy Rodríguez said Sunday that she had “enough” of Washington’s orders, as she works to unite the country after the US capture of its former leader Nicolás Maduro. Rodríguez has been walking a tightrope since he was backed by the United States to lead the country in the interim; balancing keeping Maduro … Read more

The Shale Project That Can’t Deliver What Saudi Arabia Promises

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The Shale Project That Can’t Deliver What Saudi Arabia Promises

Saudi Arabia’s sudden enthusiasm for developing its vast shale resources – led by the giant Jafurah basin – is rooted in a heady mix of energy security, export optimization and geopolitical positioning. Riyadh wants to reduce still-burning crude for energy, free up more barrels for export at a time of tight OPEC+ management, and secure … Read more