Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

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Baytex Energy Corp > New sanctions for Maduro

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Post by Marty47 on Jan 29, 2024 3:51pm

New sanctions for Maduro

The Biden administration is set to potentially renew sanctions on Venezuelan oil in April after the banning of an opposition candidate for this year’s presidential elections, Bloomberg reports. The six-month suspension of sanctions on Venezuelan oil ends in April, and the Biden administration may renew all sanctions at that time due to failure to meet the conditions for their lifting.

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Comment by Kelvin on Jan 29, 2024 4:29pm

Yes, that's the buzz in these parts. Sanctions to be reimposed. Marco Rubio, the Republican senator from Florida, said it best. Venezuela is being run by a mafia who have the monopoly on violence and who will never, ever willingly cede power because if they lose power they will end up in jail. So, that's where we're at for now. Trump wanted to invade Venezuela but he was asked to back ...more

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