Politics, Geopolitics & Conflict Amid an easing of sanctions on Venezuela and Chevron’s return to production, Maduro is taking advantage of the situation to quash his opponents. This week, he issued an arrest warrant for opposition leader Juan Guaido, whom he has accused of embezzling state oil money. Guaido is living in exile in Miami at present and is recognized by Washington as the rightful leader of Venezuela.
Some of the projects offered in the 5th licensing round are projects that didn’t get awarded in the 5th round. Iraq is looking to increase its nat gas production to cut down on imports, much of which comes from Iraq. Iraq currently flares a large share of its gas because it doesn’t have the infrastructure to process it. Deals, Mergers & Acquisitions Talos Energy has completed the sale of 49.9% interest in Talos Mexico Grupo Carso subsidiary Zamajal for $74.85 million in cash on closing.