Decline production – Summaries of news and views OnVenezuela https://onvenezuela.com Sat, 15 Feb 2020 13:54:09 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://onvenezuela.com/wp-content/uploads/2020/01/cropped-Screen-Shot-2019-12-20-at-12.31.03-PM-1-32x32.png Decline production – Summaries of news and views OnVenezuela https://onvenezuela.com 32 32 Venezuelan Oil Production Currently at 1945 Levels https://onvenezuela.com/venezuelan-oil-production-currently-at-1945-levels/?utm_source=rss&utm_medium=rss&utm_campaign=venezuelan-oil-production-currently-at-1945-levels Sat, 15 Feb 2020 13:54:04 +0000 https://onvenezuela.com/?p=1382

The oil-rich nation of Venezuela is producing its lowest output of oil in 75 years, according to the petroleum economist and professor at the prestigious Central University of Venezuela Rafael Quiroz. By Ben Kew. Full text-> Breitbart

]]> Sanctions help wipe out Venezuela’s modest output gains https://onvenezuela.com/sanctions-help-wipe-out-venezuelas-modest-output-gains/?utm_source=rss&utm_medium=rss&utm_campaign=sanctions-help-wipe-out-venezuelas-modest-output-gains Fri, 31 Jan 2020 05:09:00 +0000 http://onvenezuela.com/?p=945

A resurgence of inventory and export bottlenecks aggravated by US sanctions has forced Venezuela’s state-owned PdV and its foreign partners to shut in some crude production, hindering a tentative upstream recovery in late 2019.By Patricia Garip. Full text-> Argus

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