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Botswana to open embassy in Moscow, open up to Russia in rare earths and diamonds, minister says
MOSCOW, Jan 4 (Reuters) - Botswana plans to open an embassy in Moscow soon and has invited Russian investors to cooperate on rare earths and diamonds, Russia's TASS state news agency quoted Botswana's foreign minister as saying on Sunday. Russia is seeking to strengthen its foothold in Afric...Reuters
Sun, Jan 4
Venezuela's PDVSA asks some joint ventures to cut back oil output, sources say
Jan 4 (Reuters) - Venezuela's state-run PDVSA is asking some of its joint ventures to cut back crude output by shutting down oilfields or well clusters as onshore stocks mount and the company runs out of diluents amid an export paralysis, three sources close to the decision said.Oil exports from...Reuters
Sun, Jan 4
US lifts Caribbean airspace curbs after attack on Venezuela
FAA closed Caribbean airspace to US carriers over military movesAgency warns non-US carriers off near Venezuelan airspaceBy Dan Catchpole Jan 4 (Reuters) - The United States advised airlines on Saturday that its Caribbean airspace curbs would expire at midnight ET (0500 GMT) and flights could res...Reuters
Sun, Jan 4
Serbia's NIS refinery to be operational Jan 17 or 18, president says
BELGRADE, Jan 4 (Reuters) - Serbia's Russian-owned NIS oil refinery, which is sanctioned by the United States, will be operational on January 17 or 18 after receiving a temporary licence, President Aleksandar Vucic said on Sunday.On Wednesday, the U.S. Treasury Department's Office of Foreign...Reuters
Sun, Jan 4
ROI-US oil refiners win, Chinese rivals lose in Trump’s Venezuela strike: Bousso
By Ron Bousso LONDON, Jan 4 (Reuters) - The U.S. military’s ouster of Venezuelan President Nicolás Maduro is set to swiftly reroute the country’s oil exports back toward the United States – and away from China. That will give U.S. refiners an immediate boost, but President Donald Trump’s plans to...Reuters
Sun, Jan 4
OPEC+ to keep oil output steady despite turmoil among members, sources say
By Ahmad Ghaddar, Alex Lawler and Olesya Astakhova DUBAI/LONDON, Jan 4 (Reuters) - OPEC+ will likely maintain steady oil output at its meeting on Sunday, OPEC+ delegates said, despite political tensions between key members Saudi Arabia and the UAE, and the U.S. capture of the president of smaller...Reuters
Sun, Jan 4
No quick wins in tapping Venezuela's oil reserves
Political instability could hinder foreign investment into Venezuela's oil sectorVenezuela's oil production historically significant, but now diminishedChevron is the only American major currently operating in VenezuelaBy Nathan Crooks, Liz Hampton and Arathy Somasekhar MIAMI, Jan 3 (Reu...Reuters
Sun, Jan 4
Oil markets and investors hold steady in the face of massive geopolitical uncertainty
Analysts and economists covering politics, oil, crypto, and risk say the Trump-Venezuela situation is not expected to hit the global economy or financial markets in any serious way when the trading floor opens Sunday night.Cryptopolitan
Sun, Jan 4
Maduro is out but it's unclear who is running Venezuela
Maduro's ouster leaves fragmented government and uncertain futureReal power could rest with chief of intelligence agenciesGenerals' loyalty secured with profits from illicit trade and smuggling routesBy Sarah KinosianJan 3 (Reuters) - The U.S. capture of Venezuelan leader Nicolas Maduro - pr...Reuters
Sun, Jan 4
US restrictions on Caribbean airspace to end at 0500 GMT, Duffy says
Jan 3 (Reuters) - U.S. Transportation Secretary Sean Duffy said on Saturday the restrictions around the Caribbean airspace would expire at midnight ET (0500 GMT) and flights could resume. Airlines were informed and will update their schedules quickly, Duffy posted on X.Reuters
Sun, Jan 4
Venezuela's oil exports paralyzed amid political turmoil, sources say
Jan 3 (Reuters) - Venezuela's oil exports, which had fallen to a minimum amid U.S. President Donald Trump's announced blockade of all sanctioned tankers going in and out of the country's waters, are now paralyzed as port captains have not received requests to authorize loaded ships to se...Reuters
Sat, Jan 3
US airlines cancel flights after Caribbean airspace closure
Jan 3 (Reuters) - Major U.S. airlines on Saturday canceled hundreds of flights following a military operation in Venezuela that resulted in the capture of President Nicolas Maduro.American Airlines AAL.O, Delta DAL.N, Spirit Airlines and JetBlue Airways JBLU.O began cancelling flights early on Satur...Reuters
Sat, Jan 3
Trump says US oil companies will spend the billions needed to restore Venezuela's crude output
US oil firms will invest billions in Venezuela post-Maduro, Trump saysChevron is focused on employee safety and asset integrityAnalysts warn of infrastructure challenges and long-term investment needsBy Arathy Somasekhar, Gram Slattery and Nathan Crooks PALM BEACH, Florida Jan 3 (Reuters) - Pres...Reuters
Sat, Jan 3
UN Security Council to meet Monday over US action in Venezuela
UNITED NATIONS, Jan 3 (Reuters) - The United Nations Security Council is due to meet on Monday after the U.S. attacked Venezuela and deposed its long-serving autocratic President Nicolas Maduro, a move that U.N. Secretary-General Antonio Guterres views as setting "a dangerous precedent."Colo...Reuters
Sat, Jan 3
Trump says US will have large oil companies go into Venezuela
PALM BEACH, Florida, Jan 3 (Reuters) - U.S. President Donald Trump said on Saturday the United States will have large U.S. oil companies go into Venezuela after the arrest of President Nicolas Maduro.Trump said at a press conference at his Mar-a-Lago club in Florida that U.S. forces were prepared fo...Reuters
Sat, Jan 3
Venezuelan oil industry: world's largest reserves, decaying infrastructure
Jan 3 (Reuters) - Following are key facts about the oil industry of Venezuela, whose President Nicolas Maduro was captured by U.S. forces on Saturday, according to U.S. President Donald Trump. RESERVESVenezuela has the world's largest oil reserves but its crude output remains at a frac...Reuters
Sat, Jan 3
Zaporizhzhia nuclear plant disconnected from one of two power lines, Russia says
MOSCOW, Jan 3 (Reuters) - One of two high-voltage lines supplying electricity to the Russian-controlled Zaporizhzhia nuclear power plant in Ukraine has been disconnected, the Russian management of the station said on Saturday.The 330-kilovolt (kV) Ferosplavna-1 line was disconnected by a protection ...Reuters
Sat, Jan 3
US Attorney General Bondi posts unsealed indictment in case of Maduro and his wife
Jan 3 (Reuters) - U.S. Attorney General Pam Bondi on Saturday posted an unsealed indictment in the case of Venezuelan President Nicolas Maduro and his wife Cilia Flores, who were captured by U.S. forces earlier in the day.Reuters
Sat, Jan 3
UN chief on Venezuela: US action sets 'dangerous precedent'
UNITED NATIONS, Jan 3 (Reuters) - U.N. Secretary-General Antonio Guterres is deeply alarmed by U.S. action in Venezuela that sets "a dangerous precedent," his spokesperson said in a statement on Saturday. "The Secretary-General continues to emphasize the importance of full respect - by a...Reuters
Sat, Jan 3
US is going to be strongly involved in Venezuela's oil industry, says Trump
Jan 3 (Reuters) - The United States is going to be "very strongly involved" in Venezuela's oil industry in the wake of the operation to capture Venezuelan President Nicolas Maduro, President Donald Trump told Fox News on Saturday."We have the greatest oil companies in the world, the ...Reuters
Sat, Jan 3
