UK’s Prince Charles, recovered from virus, praises country's health workers

Britain’s Prince Charles, who has recovered after testing positive for coronavirus, praised the country’s health care workers on Wednesday. (File/Clarence House)
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Updated 01 April 2020
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UK’s Prince Charles, recovered from virus, praises country's health workers

  • Prince Charles praised those on the front line in the National Health Service (NHS)
  • In a video address, the prince said although he had recovered, he was still in a state of social distance and general isolation

LONDON: Britain’s Prince Charles, who has recovered after testing positive for coronavirus, praised the country’s health care workers on Wednesday and said it was a strange and distressing time for the nation.
Heir-to-the-throne Charles, 71, came out of self-isolation on Monday after suffering mild symptoms, with his office saying he was in good health.
In a video address, the prince said although he had recovered, he was still in a state of social distance and general isolation. His wife Camilla, who had tested negative, is remaining in self-isolation until the end of the week in case she develops symptoms.

 


“As we are all learning, this is a strange, frustrating and often distressing experience when the presence of family and friends is no longer possible and the normal structures of life are suddenly removed” he said.
The number of coronavirus deaths in Britain rose to 1,789 people, figures on Tuesday showed, a 27% increase in a day with one of the victims a 13-year-old boy with no apparent underlying health conditions.
“At such an unprecedented and anxious time in all our lives, my wife and I are thinking particularly of all those who have lost their loved ones in such very difficult and abnormal circumstances, and of those having to endure sickness, isolation and loneliness,” Charles said.
He also praised those on the front line in the National Health Service, saying they needed the country’s support.
“It is clearly essential, therefore, that such key people are treated with special consideration when coming off their exhausting duties and trying to do their shopping, for instance, while having to contend with constant anxiety about their own families and friends,” Charles said.

 


US allows oil majors to broadly operate in Venezuela, new energy investments

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US allows oil majors to broadly operate in Venezuela, new energy investments

  • Treasury Department issues general license allowing Chevron, BP, Eni, Shell and Repsol to operate oil and gas operations in Venezuela
  • Move is the most significant relaxation of sanctions on Venezuela since US forces captured and removed President Nicolas Maduro
WASHINGTON: The US ​eased sanctions on Venezuela’s energy sector on Friday, issuing two general licenses that allow global energy companies to operate oil and gas projects in the OPEC member and for other companies to negotiate contracts to bring in fresh investments. The move was the most significant relaxation of sanctions on Venezuela since US forces captured and removed President Nicolas Maduro last month.
The Treasury Department’s Office of Foreign Assets Control issued a general license allowing Chevron, BP, Eni, Shell and Repsol to operate oil and gas operations in Venezuela. Those companies still have offices in the country and stakes in projects, and are among the main partners of state-run ‌company PDVSA.
The authorization ‌for the oil majors’ operations requires payments for royalties and Venezuelan ​taxes ‌to ⁠go through ​the US-controlled ⁠Foreign Government Deposit Fund.
The other license allows companies around the world to enter contracts with PDVSA for new investments in Venezuelan oil and gas. The contracts are contingent on separate permits from OFAC.
The authorization does not allow transactions with companies in Russia, Iran, or China or entities owned or controlled by joint ventures with people in those countries.
The licenses “invite American and other aligned companies to play a constructive role in supporting economic recovery and responsible investment, ” the US State Department said in a release. Additional authorizations may be issued “as necessary,” it said.
A spokesperson for Chevron, ⁠the only US oil firm currently operating in Venezuela, said the company welcomed ‌the new licenses.
“The new General Licenses, coupled with recent changes ‌in Venezuela’s Hydrocarbons Law, are important steps toward enabling the further development ​of Venezuela’s resources for its people and for advancing ‌regional energy security,” the spokesperson said in a statement.
Eni said it is assessing the opportunities in ‌Venezuela that the authorization opens up.

Oil law reform

The US licenses follow a sweeping reform of Venezuela’s main oil law approved last month, which grants autonomy for foreign oil and gas producers to operate, export and cash sale proceeds under existing joint ventures with PDVSA or through a new production-sharing contract model.
The US has had sanctions on Venezuela since ‌2019 when President Donald Trump imposed them during his first administration. Trump is now seeking $100 billion in investments by energy companies in Venezuela’s oil and gas sector. ⁠US Energy Secretary Chris Wright ⁠said on Thursday, during his second day of a trip to Venezuela, that oil sales from the country since Maduro’s capture have hit $1 billion and would hit another $5 billion in months.
Wright said the US will control the proceeds from the sales until Venezuela stands up a “representative government.” Since last month, the Treasury issued several other general licenses to facilitate oil exports, storage, imports and sales from Venezuela. It also authorized the provision of US goods, technology, software or services for the exploration, development or production of oil and gas in Venezuela.
The Venezuelan government expropriated assets of Exxon Mobil and ConocoPhillips in 2007 under then-President Hugo Chavez. The Trump administration is trying to get those companies to invest in Venezuela as well. At a meeting at the White House with Trump last month, Exxon Mobil CEO Darren Woods said Venezuela was “uninvestable” at ​the moment.
Wright said on Thursday that Exxon, ​which no longer has an office in Venezuela, is in talks with the government there and gathering data about the oil sector. Exxon did not immediately comment.