Key Points —The Venezuela BP gas deal covers the Cocuina-Manakin cross-border field with Trinidad and the offshore Loran gas field on the Deltana Platform. —BP will open a permanent office in Caracas. Shell has also expressed interest in the Loran project. —BP joins Eni and Repsol in signing exploration agreements with the Rodríguez government since […]

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Key Points —President Santiago Peña will visit Taiwan in May in his second trip as president, reinforcing Paraguay Taiwan diplomatic ties. —Paraguay is one of only 12 countries worldwide — and the only one in South America — that maintains formal diplomatic relations with Taipei. —The visit comes amid sustained Chinese pressure on Taiwan’s remaining […]

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Key Points —The US Department of Justice indicted Sinaloa Governor Rubén Rocha Moya and nine other officials for conspiring with the Sinaloa Cartel to import narcotics. —The indictment alleges “Los Chapitos” backed Rocha’s gubernatorial campaign and he allowed them to operate with impunity. —All ten defendants face 40 years to life in prison. All are […]

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