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Venezuela banks $300M from first U.S. brokered oil sale
January 21st, 2026 - 10:03 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Venezuela banks $300M from first U.S. brokered oil sale

ALBAWABA- Venezuela has received $300 million in oil revenue from a U.S. facilitated crude sale, interim president Delcy Rodríguez announced on Tuesday, marking the first funds to flow under an oil agreement arranged after the kidnapping of President Nicolás Maduro earlier this month. Rodríguez said the funds, part of an expected $500 million in proceeds from U.S. sales of Venezuelan crude, will be channeled into the foreign exchange market through national ...
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US oil production has embarked on an unprecedented 50 percent rise over the past four years as new drilling techniques allowed oil to flow from vast shale reserves
July 27th, 2014 - 03:54 GMT

A game changer for the ME's oil exporters? Exxon eyes major refinery expansion in the US

Al Bawaba
July 24th, 2014 - 01:27 GMT

Dubai International Airport passenger traffic up by 6.2 percent in H1

Al Bawaba
July 24th, 2014 - 12:55 GMT

The UAE's largest bank, Emirates, enjoys even higher profits

Al Bawaba
July 24th, 2014 - 11:39 GMT

Majid Al Futtaim reports 14 percent revenue increase in H1

Al Bawaba
July 24th, 2014 - 11:22 GMT

Leading Kuwaiti investment company, KIPCO, on track to meet goals

Al Bawaba
July 24th, 2014 - 11:07 GMT

Budget airline flydubai launching direct flights to Mumbai this fall

Al Bawaba
July 24th, 2014 - 09:56 GMT

Not just war and blood! Lebanon sees tourism hike of 90 percent in June

ADPC’s commercial ports handled 6.4 million freight tonnes (FT) of general cargo in the first half of this year
July 24th, 2014 - 07:31 GMT

Cargo increase of 37 percent through Abu Dhabi

Al Bawaba
July 23rd, 2014 - 10:28 GMT

Dubai International to be the world's busiest airport in 2014

Al Bawaba
July 23rd, 2014 - 10:27 GMT

Rising rents to take their toll on UAE consumer confidence

The Dubai Metro commuters will be able to avail its services for longer hours during the Eid Al Fitr holidays
July 23rd, 2014 - 09:57 GMT

Let the festivities commence! Dubai Metro to run till 1am during Eid Al Fitr holidays

Al Bawaba
July 23rd, 2014 - 09:48 GMT

Five years and counting: RAK Petroleum boasts $15.81 million profit since December

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