Russian Troops Land In Oil-Rich Venezuela
Two Russian planes with 100 troops landed in Venezuela this weekend, Reuters reports , citing media reports and flight tracking websites. The move is the latest signal of strengthening ties Continue Reading
Russian air force planes land in Venezuela carrying troops: reports
Two Russian air force planes landed at Venezuela’s main airport on Saturday carrying a Russian defense official and nearly 100 troops, according to media reports, amid strengthening ties between Caracas Continue Reading
U.S. buyers of Venezuelan oil sub in Shell, BP offshore crude
U.S. sanctions on Venezuela’s oil industry have made winners out of Royal Dutch Shell Plc and BP Plc, Gulf of Mexico offshore heavyweights, as refiners in need of substitutes are Continue Reading
India’s Reliance says it is not breaching U.S. sanctions against Venezuela
India’s Reliance Industries, operator of the world’s largest oil refining complex, on Friday, said in a statement it was not breaching U.S. sanctions against Venezuela. The company said that its Continue Reading
PDVSA looking to hire refined products tankers as sanctions thin available fleet
Venezuelan state-owned PDVSA is seeking to extend the contracts of three petroleum tankers, and hire five additional tankers, to compensate for the loss of vessels due to US sanctions, according Continue Reading
Venezuela National Assembly Votes For Ban On Oil Shipments to Cuba
The opposition-led National Assembly of Venezuela this week voted to suspend crude oil shipments to Cuba after its president, Juan Guaido, slammed these exports as “funding dark purposes” in a Continue Reading
U.S. senators call on Venezuela to release jailed Citgo executives
U.S. Republican Senators Ted Cruz and John Cornyn on Thursday pressed Venezuelan President Nicolas Maduro to release six executives from Houston-based oil company Citgo Petroleum that have been in jail Continue Reading
Venezuela has its electricity back, for now, but it’s still on the verge of collapse
“The situation is critical,” says Nancy Rodríguez, who runs a produce stand at the Quinta Crespo market in Caracas. (Mary Beth Sheridan/The Washington Post) CARACAS, Venezuela — The lights are Continue Reading
Citigroup to sell Venezuelan gold in setback to President Maduro: sources
Citigroup Inc plans to sell several tons of gold placed as collateral by Venezuela’s central bank on a $1.6 billion loan after the deadline for repurchasing them expired this month, Continue Reading
Colombia shelves ConocoPhillips, Canacol requests fracking licenses: sources
Colombia has shelved two environmental licensing requests made by oil companies ConocoPhillips and Canacol Energy Ltd for fracking projects in northern Cesar province, two sources with knowledge of the matter Continue Reading