Saturday 25 April 2015
 
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Venezuela

Venezuelan delegation visits Iran, Saudi in Opec diplomatic push

Venezuela's oil minister led a delegation in meetings with Saudi Arabian officials, following talks in Iran, in an Opec diplomatic tour as its need for higher oil prices gains urgency.   Suffering from a slow

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Qatar may fund energy, other projects in Venezuela

Qatar is considering funding projects in Venezuela, industry and diplomatic sources said, as the Latin American state lobbies fellow crude producers to help repair the damage done to its economy by plummeting oil revenues. Venezuela'

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Qatari banks offer security financing to Venezuela

Venezuela is securing financing from Qatari banks, President Nicolas Maduro said from Doha on Monday, as he seeks to boost his country's coffers amid falling oil prices and a recession. "We're firming up a financial a

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Venezuela's Maduro seeks support from Saudi Arabia on oil prices

Venezuelan President Nicolas Maduro met Saudi Arabia's Crown Prince Salman in Riyadh as part of a diplomatic tour of Opec members to discuss falling oil prices, which have hit its economy hard.

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Iran to help Venezuela to stem oil price fall

Iran's supreme leader Ayatollah Ali Khamenei told Venezuela's president on Saturday he backed coordinated action between Tehran and Caracas to reverse a rapid fall in global oil prices which he described as a "political ploy hatched

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Venezuela may back emergency Opec meeting after Q1

Venezuela's foreign minister Rafael Ramirez said the country is considering backing a call for an emergency Opec meeting depending upon how oil prices perform in the first quarter of 2015.

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Saudi, Russia pre-Opec talks yield no oil output cut

Impromptu talks between Saudi Arabia, fellow Opec member Venezuela and oil powers Russia and Mexico yielded no agreement on how to address a growing oil glut, ending without any plan to cut output despite a collapse in prices. &nb

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Venezuela says Opec to 'increase coordination' in face of oil price fall

Venezuela's Foreign Minister Rafael Ramirez said the Organization of the Petroleum Exporting Countries will increase coordination in the face of the fall in oil prices, the South American government said in a statement, without elaborating

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New appeal to shore up crude prices

Iran and Venezuela yesterday called on fellow crude producers to shore up prices that have plunged more than 30 per cent to four-year low ahead of an Opec meeting later this month. Oil prices have fallen to below $79 on abundant s

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Algeria oil cargo partially unloads in Venezuela, sails to St Eeustatius

The tanker Carabobo carrying Algerian light crude to Venezuela has finished unloading at Jose terminal and has set sail to the Caribbean island of Saint Eustatius, where it will deliver the rest of its content, according to Reuters ve

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