Venezuela’s ad-hoc board of directors for state oil company PDVSA, appointed by opposition leader Juan Guaido, said on Thursday it has made an interest payment on its bond maturing in Continue Reading
Venezuela’s crucial oil upgraders have stopped processing heavy crude because a decline in exports due to U.S. sanctions has left the OPEC nation without sufficient storage space, seven sources familiar Continue Reading
The Department of Homeland Security said it was suspending all commercial passenger and cargo flights between the U.S. and Venezuela, citing safety concerns stemming from political instability in the South Continue Reading
Venezuela’s oil production held up last month, but appears to be falling off a cliff once again. Output in Venezuela rebounded a bit in April, following the horrific electricity blackouts Continue Reading
Juan Guaido, the leader of the Venezuelan opposition, has instructed his envoy to the United States Carlos Vecchio to start talks with the U.S. military for help in overthrowing the Continue Reading
A tiny South American country until recently known mostly as the location of one of the worst mass suicides in modern history is about to acquire a whole new reputation, Continue Reading
YPF, the largest oil and natural gas producer in Argentina, is focusing on shale oil for production growth as a glut slows natural gas output, managers at the state-backed company Continue Reading
The US Treasury Department on Friday announced sanctions on two companies and two tankers it said had delivered crude oil from Venezuela to Cuba from late 2018 through March 2019. Continue Reading
US Secretary of State Mike Pompeo plans to discuss Russia’s ongoing support for Venezuelan President Nicolas Maduro, including ongoing oil and product trade that the Trump administration views as undermining Continue Reading
Two Venezuelan lawmakers sought refuge at foreign embassies in Caracas on Thursday, as the government of President Nicolas Maduro cracked down on allies of opposition leader Juan Guaido who supported Continue Reading
