Tag Archives: Venezuela

No light, no work in Venezuela have launched an all-out power savings. The inhabitants of the country in the next 40 days for four hours will be in the dark. On the decision of the authorities has forced a severe drought that led to the fall of the water level …

In a recently published report by the international monetary Fund predicts Venezuela inflation by the end of 2016 at 720%. This is the highest rate in the world. But that’s not the worst, compared to the forecast of the world’s leading economists. Deputy Director, Department for monetary issues and capital …

In a recently published report by the international monetary Fund predicts Venezuela the inflation by the end of 2016 at the level of 720%. This is the highest rate in the world. But that’s not the worst, compared to the forecast of leading economists. Deputy Director of Department for monetary …

Blackouts can lead to a drop in oil production, the authorities are encouraged to expect God’s help Michael Overcenotical drought and shallowing of the reservoir threaten the stop of the giant El Guri hydroelectric Carlos Garcia Rawlins / Reuters The Venezuelan government announced Thursday that there will be over 40 …

Venezuela faces six weeks with restrictions of electricity consumption. For 40 days, starting Monday, April 25, in most parts of the country on four hours a day will turn off the power supply, The Wall Street Journal writes. All because of the unprecedented drought: lack of water in the reservoir …

The next meeting of the countries-manufacturers of oil can go in may or early June. This was during the “National oil and gas forum” in Moscow, said the oil Minister of Venezuela, Eulogio Del Pino, reports TASS. “Unfortunately, due to political differences, the participants failed to reach consensus. For this …

US pressure on OPEC and other producers on the issue of conclusion of the agreements about the freezing of the level of oil production, said the President of Venezuela, Nicolas Maduro. “You don’t know all the pressure that comes from Washington, to condemn the failure of our efforts that we …

Reached in Qatar agreement must be seen as clumsy and a failed PR campaign. If a few decades ago, OPEC was indeed a cartel able to manipulate prices through regulated production and export, nowadays the organization has become a meaningless discussion club. Representatives of Russia, Saudi Arabia, Qatar and Venezuela …

Major oil producers such as Russia, Venezuela and some countries of OPEC agreed to freeze the level of oil production for the sake of the situation on the energy market stabilized. In the negotiations involved Iran and Iraq, and many commentators suggest that this initiative they barely support. Most commentators …