France

Polish reporter tells of being beaten by Venezuela police

France 24 | Mar 15, 2019 at 8:16 PM
  • A Polish journalist in Venezuela was beaten by police in the troubled South American country, he said in accounts published by his newspaper and Venezuela’s press union on Friday.
  • The account added to a long list of allegations of brutality and arbitrary arrest of media workers in Venezuela, mostly targeting Venezuelans not working for state media but also increasingly foreign correspondents.
  • The union published photos of Surdel’s bloodied and bruised face.

Switzerland

Latam lender replaces Venezuela’s Maduro representative with Guaido economist

Swissinfo | Mar 15, 2019 at 7:13 PM
  • The Inter-American Development Bank on Friday voted to replace the representative of Venezuelan President Nicolas Maduro with an economist backed by opposition leader Juan Guaido.
  • The decision makes the IADB, Latin America’s largest regional lender, the first financial institution to recognise Guaido and would eventually free up development lending to Venezuela if Maduro steps down.
  • IMF approval would also allow the World Bank, the world’s largest development institution, to make a decision on Guaido.

United States

Latam lender replaces Venezuela’s Maduro representative with Guaido economist

CNBC | Mar 15, 2019 at 7:12 PM
  • The Inter-American Development Bank on Friday voted to replace the representative of Venezuelan President Nicolas Maduro with an economist backed by opposition leader Juan Guaido.
  • The decision makes the IADB, Latin America’s largest regional lender, the first financial institution to recognize Guaido and would eventually free up development lending to Venezuela if Maduro steps down.
  • IMF approval would also allow the World Bank, the world’s largest development institution, to make a decision on Guaido.

India

Citgo Avoids a Shutdown With U.S. Treasury Deadline Extension

Bloomberg Quint | Mar 15, 2019 at 6:05 PM
  • Under a set of sanctions released at the end of January, Citgo — which at the time was indirectly controlled by the government of embattled president Nicolas Maduro — had an authorization to interact with U.S. companies or persons until July 27.
  • Citgo operates three refineries in the U.S. with combined capacity to process almost 755,000 barrels of oil a day, or about 4 percent of the U.S. fuel-making capacity.
  • It operates more than 40 petroleum terminals in the U.S. and sells fuels to 5,300 Citgo-branded gas stations.

United States

U.S. envoy says Venezuela oil production dropping steadily

Reuters | Mar 15, 2019 at 5:54 PM
  • The U.S. special representative for Venezuela said on Friday that Venezuela’s oil exports have been dropping steadily by roughly 50,000 barrels per month and production is likely to dip below a million barrels a day within a “month or two”.
  • The OPEC member’s oil production has dwindled in the last two decades, from more than 3 million bpd at the beginning of the century to between 1.2 million and 1.4 million bpd by late 2018.

United States

All the world a stage: Rising U.S. oil clout on show in Houston

Reuters | Mar 15, 2019 at 4:31 PM
  • A glance at the attendee list at one of the world’s largest energy industry events in Houston this week left little question about the growing influence of the United States over global oil politics.
  • The Trump administration has imposed hefty sanctions on Iran and Venezuela, both OPEC members.
  • Coming into office, President Donald Trump promised to deregulate the energy industry and assert U.S. oil independence – a sharp turn from an Obama administration that, while placing sanctions on Iran’s oil exports, largely built its energy policy around renewables and reducing emissions.

United States

All the world a stage: Rising U.S. oil clout on show in Houston

CNBC | Mar 15, 2019 at 4:01 PM
  • A glance at the attendee list at one of the world’s largest energy industry events in Houston this week left little question about the growing influence of the United States over global oil politics.
  • The Trump administration has imposed hefty sanctions on Iran and Venezuela, both OPEC members.
  • Coming into office, President Donald Trump promised to deregulate the energy industry and assert U.S. oil independence – a sharp turn from an Obama administration that, while placing sanctions on Iran’s oil exports, largely built its energy policy around renewables and reducing emissions.