Venezuela

Nigeria, Venezuela explore mining opportunities

The Minister of Solid Minerals Development, Dr Dele Alake and Venezuela’s Deputy Minister of Mining, Alejandro Martinez have explored prospects for bilateral investments in the mining sector. This took place at the sidelines of the Investing in African Mining Indaba…

Venezuela surprises oil markets with large production increase

Despite decades of mismanagement, malfeasance and corruption, strict U.S. sanctions and crumbling energy infrastructure, Venezuela’s national oil company PDVSA has stunned observers by reporting a significant increase in crude oil output for November 2021. OPEC’s December 2021 Monthly Oil Market…