Cuba Scrambles As Venezuela’s Oil Industry Collapses
As Venezuela’s oil industry goes down it flames, it’s looking like it may just take Cuba down with it. Venezuela, once the crude powerhouse of South and Central America, is Continue Reading
Exclusive: PDVSA leaves Bahamas oil terminal, expands in St Eustatius – sources
Venezuelan state-run oil company PDVSA is moving millions of barrels of oil from a Bahamas storage facility after terminating a contract with the owner, U.S. Buckeye Partners LP, according to Continue Reading
Doctors Flee Desperate Venezuela to Work in Safer Places
On a recent day in this remote island town, Dr. Jhomar Yansen rushed to operate on a man who had been kicked in the gut by a sheep and was Continue Reading
Exclusive: Trump administration concerned about U.S. firms giving financial ‘lifeline’ to Venezuela
The Trump administration is concerned about any action by U.S. companies that provides a financial lifeline to Venezuela’s government, senior White House officials told Reuters, after Goldman Sachs Group Inc Continue Reading
How a new kind of protest movement has risen in Venezuela
A plywood shield in one hand, a gas mask over his face, Victor Ortega marched down the middle of the four-lane elevated highway, his eyes fixed on the front lines. Continue Reading
Exclusive: U.S. considers possible sanctions against Venezuela oil sector – officials
The Trump administration is considering possible sanctions on Venezuela’s vital energy sector, including state oil company PDVSA, senior White House officials said, in what would be a major escalation of Continue Reading
BPTT Makes 2 ‘Significant’ Gas Discoveries Offshore Trinidad
BP Trinidad & Tobago makes 2 ‘significant’ gas discoveries with the Savannah and Macadamia exploration wells, offshore Trinidad. BP Trinidad & Tobago (bpTT) has made two ‘significant’ gas discoveries with Continue Reading
Goldman’s Venezuela Bond Trade Wasn’t Reviewed by Top Executives
When a small brokerage firm contacted Goldman Sachs Asset Management last week offering to sell $2.8 billion of deeply discounted Venezuelan bonds, the response was a quick “yes.” Buying the Continue Reading
Anti-Maduro protests rage as OAS meets on Venezuela crisis
Venezuelan security forces used water cannons and teargas to disperse tens of thousands of opposition protesters heading toward the foreign ministry on Wednesday as the Organization of American States held Continue Reading
Goldman confirms buying Venezuela bonds after opposition cries foul
Venezuela’s President Nicolas Maduro shows a copy of a country’s constitution during an official ceremony of a Campaign Command to support reforms to the constitution in Caracas, Venezuela May 29, Continue Reading