13 Apr 2026

16:24

  • Bitumen 60/70

    444$

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    -

    15$

    FOB Bandar Abbas - New Steel Drum

    1.4%

  • Bitumen 60/70

    444$

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    15$

    FOB Bandar Abbas - New Steel Drum

    1.4%

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    1.4%

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    15$

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    435$

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    15$

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    1.4%

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    436$

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    FOB Bandar Abbas - New Steel Drum

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    1.4%

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    439$

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    438$

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    1.4%

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    428$

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    1.4%

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    616$

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    15$

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    1.0%

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    434$

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    FOB Bandar Abbas - New Steel Drum

    1.4%

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    398$

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    FOB Bandar Abbas - Carton 25KG

    1.5%

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    398$

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    FOB Bandar Abbas - Carton 25KG

    1.5%

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    400$

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    FOB Bandar Abbas - Carton 25KG

    1.5%

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    400$

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    15$

    FOB Bandar Abbas - Carton 25KG

    1.5%

  • Bitumen Emulsion CRS-1

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    622$

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    FOB Bandar Abbas - Reconditioned Drum

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    FOB Bandar Abbas - Bulk

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    Texas - Bulk

    4.3%

  • Crude Oil Brent

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    London - Bulk

    4.7%

Home Blog How Venezuela’s Oil Industry Killed Lake Maracaibo

How Venezuela’s Oil Industry Killed Lake Maracaibo

codarx

codarx

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Update date: 2026/03/12

Venezuela’s Lake Maracaibo, South America’s largest and oldest waterbody, is at risk. The lake is situated in the heart of the Maracaibo Basin, one of the continent’s richest oil-producing regions. After the Zumaque 1 wildcat well found black gold on Lake Maracaibo’s eastern shore, Venezuela’s oil industry rapidly expanded, covering the ancient waterbody with persistently leaking pipelines, storage tanks, and derricks. This triggered a devastating environmental disaster, which could worsen after the United States intervened…

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