US reimposes oil sanctions against Venezuela over election concerns
Move in US election year could push up oil prices, but Washington says Maduro has not made promised electoral reforms.
Source: aljazeera.com
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US reimposes oil sanctions on Venezuela
The US has reinstated oil sanctions on Venezuela after the Maduro government failed to improve electoral conditions in the country.
Source: offshore-technology.com
Elliott weighs Citgo bid as creditor group eyes Conoco for own offer
Hedge fund Elliott Investment Management is weighing a bid for shares in the parent of oil refiner Citgo Petroleum under a U.S. court-ordered auction, while a group of creditors represented by...
Source: marketscreener.com
Venezuela hands former ConocoPhillips-operated oil and gas fields to little-known firm as U.S. reimposes sanctions
Venezuelan firm A&B Investments will partner with Petróleos de Venezuela to run heavy oil fields in the Orinoco Belt and an associated processing facility, according to people familiar with the negotiations who asked not to be named because discussions are ongoing.
Source: worldoil.com
US Confirms Reimposition of Oil Sanctions against Venezuela
Washington will not renew a reprieve issued to Caracas for oil and gas activities, accusing the Maduro regime of reneging on a commitment to upholding fair...
Source: rigzone.com