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Facts On November 26, 2022, the US Treasury Department’s Office of Foreign Assets Control (OFAC) granted a license to Chevron Corporation authorizing the resumption of crude oil extraction in Venezuela. The license (GL 41)
For more than 1 month, Iran has been facing a series of unprecedented nationwide civil protests against the ruling regime led by the Supreme Leader Ali Khamenei. The protests occurred daily for almost seven consecutive
In November of 2021, Venezuela’s oil production was reported at 824,000 barrels per day, its highest output in at least 3 years. Despite the huddle evoked by the news, Venezuela’s production during the first quarter
On February 22, Germany has reportedly taken steps to suspend the process of certifying the Nord Stream 2 gas pipeline from Russia. The German government is taking the measure in response to Russia’s actions in
On October 6, President Pedro Castillo announced that he had accepted Prime Minister Guido Bellido’s resignation, after facing criticism following Bellido’s statement about forcing a renegotiation of terms of taxes with the Camisea consortium or
On September 24, the Moroccan National Office for Hydrocarbons and Mines (ONHYM) signed an agreement with the Israeli company Ratio Petroleum for exploring hydrocarbons and gas on the coast of Dakhla, Dakhla-Oued Ed Dahab. The
On October 26, it has been reported that gas stations across the country are out of service due to a technical problem in the fuel network, reportedly caused by a cyber attack. The attack targeted
On October 12, a Transport et Construction SA company employee was reportedly kidnapped by unidentified armed suspects in Pernier, Port-au-Prince. The kidnapping is believed to have been carried out by the same group involved in