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Tuesday November 24, 2009
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OPEC Venezuela News is an EIN News Service for energy industry professionals. Constantly updated news and information about energy.
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Latest OPEC Venezuela News

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  • Iran to Add 14 mln Liters of Gasoline to Daily Output: Minister 17 Nov 2009 17:15 GMT
    ... nuclear activities. However, Iran's governor of the Organization of the Petroleum Exporting Countries (OPEC) Mohammad-Ali Khatibi downplayed the threat. "The rainy ... quoted Khatibi as saying on Oct. 26. Venezuela and Iran have inked a deal on ...

  • Iran to add 14 mln liters of gasoline to daily output 18 Nov 2009 03:15 GMT
    ... nuclear activities. However, Iran's governor of the Organization of the Petroleum Exporting Countries (OPEC) Mohammad-Ali Khatibi downplayed the threat. "The rainy ... quoted Khatibi as saying on Oct. 26. Venezuela and Iran have inked a deal on ...

  • Iran Gained $5 Billion On Shift From U.S. Dollar: State TV 23 Nov 2009 15:50 GMT
    ... 2007 heads of state summit of the Organization of the Petroleum Exporting Countries (OPEC), Iran suggested oil should be priced in ... to win over other member states except Venezuela. The Iranian central bank has said it ...

  • UPDATE 2-Chavez blames Venezuela economic drop on OPEC cut 19 Nov 2009 03:00 GMT
    ... fall * "Capitalist" methodology unfair for socialist Venezuela (Adds details, quotes) CARACAS, Nov 18 (Reuters) - Venezuelan President Hugo Chavez said on ... was largely due to its compliance with OPEC-mandated production cuts. GDP shrank 4.5 percent in ...

  • Chavez blames Venezuela economic drop on OPEC cut 19 Nov 2009 02:32 GMT
    ... Chavez blames Venezuela economic drop on OPEC cut CARACAS (Reuters) - Venezuelan President Hugo Chavez said on Wednesday the South American ...

  • UPDATE 1-Chavez blames Venezuela economic drop on OPEC cut 19 Nov 2009 01:54 GMT
    ... CARACAS, Nov 18 (Reuters) - Venezuelan President Hugo Chavez said on Wednesday the South American nation's unexpectedly high third-quarter ... contraction was due to its compliance with OPEC-mandated production cuts. Chavez said it would be ...

  • Chavez blames Venezuela economic drop on oil cut 19 Nov 2009 01:15 GMT
    ... CARACAS, Nov 18 (Reuters) - Venezuelan President Hugo Chavez said on Wednesday that the South American nation's unexpectedly high ... contraction was due to its compliance with OPEC-mandated production cuts. Chavez said it would be ...

  • UPDATE 3-Venezuela economy tumbles unexpected 4.5 pct in Q3 17 Nov 2009 21:54 GMT
    ... CARACAS, Nov 17 (Reuters) - Venezuela's economy contracted 4.5 percent in the third quarter, far more than expected, and ... a recession. But some economists said the OPEC country was now in its first recession ...

  • Colombia says Venezuela blows up two border bridges 19 Nov 2009 21:56 GMT
    ... Venezuelan President Hugo Chavez delivers a speech earlier this month. Chavez has sent more ... used to stage an invasion of his OPEC nation. Colombia's President Alvaro Uribe counters the ...

  • Venezuela blows up two border bridges to Colombia 19 Nov 2009 23:45 GMT
    ... SAN ANTONIO, Venezuela (Reuters) - Venezuelan soldiers on Thursday blew up two makeshift foot bridges that ... used to stage an invasion of his OPEC nation. In a document to justify a ...

  • Venezuelan economy forecasted to contract strongly in 2009 18 Nov 2009 01:50 GMT
    ... Venezuelan economy forecasted to contract strongly in 2009 Venezuela's economy contracted 4.5% in ... impact was over, some economists believe the OPEC country is effectively in its first recession ...

  • Recession hits Venezuela 19 Nov 2009 00:52 GMT
    ... | Last updated: November 19 2009 00:51 Venezuela has officially slid in to recession just as some of its neighbours, The recession ... contraction to oil production cutbacks required by Opec, the oil producers’ cartel, as well as ...

  • Colombia's Uribe seeks to ease Venezuela tensions 22 Nov 2009 00:50 GMT
    ... * Colombian president vows no aggression against Venezuela * Bridge incident follows tensions over Colombian plan CUCUTA, Colombia, Nov 21 (Reuters) ... stage for a possible attack against his OPEC nation. Tensions run high on the 1,375-mile ...

  • OPEC should boost spare oil capacity to 'cash in' 17 Nov 2009 10:54 GMT
    ... The Organization of Petroleum Exporting Countries (OPEC) should continue to invest in oil production ... Saudi Arabia, the United Arab Emirates and Venezuela. ...

  • FACTBOX - Venezuela's economic contraction 17 Nov 2009 21:14 GMT
    ... Nov 17 (Reuters) - Venezuela's economy contracted far more than expected in the third quarter, which may mean ... 90 percent of exports. As such, the OPEC member nation's economy grew at a steady ...


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