59 h. ago Washington completes first sale of Venezuelan oil in US$500 million deal, says US official

The United States has finalised a sale of Venezuelan oil – the first since Washington took control of the sector following the toppling of Nicolas Maduro, a US official told Agence France-Presse on Thursday. According to the official, who did not identify the buyer, the deal is worth US$500 million, and additional sales could take place in the coming days or weeks. “President Trump brokered a historic energy deal with Venezuela, immediately following the arrest of narcoterrorist Nicolas Maduro,...

Economics

9 d. ago China and US can strike ‘balance’ in Venezuela, says US energy chief Chris Wright

US Energy Secretary Chris Wright said there was room to balance roles for both the United States and China in Venezuela to allow for commerce but that Washington would not allow Beijing to have major control over the Latin American country. In an interview on Fox Business Network, Wright also said he expected to see Chevron quickly grow its activities in Venezuela, with ConocoPhillips and ExxonMobil also looking to play a constructive role. “I think you will probably see some long-term...

Events

9 d. ago China and US coexistence in Venezuela possible, US energy chief says

China and US coexistence in Venezuela possible, US energy chief says  South China Morning Post

Politics

9 d. ago US, China can balance roles in Venezuela, US energy chief says

US, China can balance roles in Venezuela, US energy chief says  Reuters

Politics

1 week ago Energy markets are political – Venezuela is the latest proof

The United States’ forcible removal of Venezuelan president Nicolas Maduro from power has reignited a debate over international law and sovereignty. But this risks obscuring a more consequential fact: global energy markets are not governed primarily by liberal market logic, but are shaped by geopolitical strategy. Venezuela matters less as a case in itself than as a signal of how energy is being repositioned amid intensifying US-China economic competition. For decades, many assumed that energy...

Politics

1 week ago China Condemns US Over Venezuela But Likely to Take Patient Approach

China Condemns US Over Venezuela But Likely to Take Patient Approach  Energy Intelligence

Politics

1 week ago China says it is still ‘committed’ to ties with Venezuela and energy cooperation

China remained committed to its energy partnership with Venezuela and stressed that the cooperation between the two countries was protected by international law, the foreign ministry in Beijing said on Monday. Following this weekend’s raid that saw President Nicolas Maduro captured and taken to the United States, Chinese foreign ministry spokesman Lin Jian was asked whether the country, the largest customer for Venezuelan oil, would continue the imports. He did not answer directly, but said:...

Science

1 week ago China says it is still ‘committed’ to Venezuela ties and energy cooperation

China says it is still ‘committed’ to Venezuela ties and energy cooperation  South China Morning Post

Science

3 w. ago China has its own understanding of civilizational coexistence: scholar

China has its own understanding of civilizational coexistence: scholar  Global Times

Politics