Widespread and intense protests continued across Venezuela on April 11, El Nacional reported. The day before, protesters alleged that authorities fired tear gas onto the grounds of the Policlinica Las Continue Reading
Venezuela’s state-owned oil company should be stopped from plundering its U.S. subsidiary Citgo Holding Inc., according to court papers filed Monday evening by a creditor seeking $1.4 billion from the Continue Reading
News coming out of Venezuela over the past two years has reeked of corruption and failed political leadership: a long list of shortages , rampant poverty , incrimination of the Continue Reading
A police water cannon disperses demonstrators during an opposition rally in Caracas, Venezuela. Venezuelan authorities confirmed that a young man was killed on Thursday during anti-government protests and vowed to Continue Reading
A deal to give Russia’s Rosneft 49.9% ownership of US refiner Citgo if Venezuela’s cash-strapped national oil company PDVSA defaults on its loans threatens US national security and should be Continue Reading
A few gasoline cargoes around the Caribbean Isles are looking for homes. Three tankers holding about 1.35 million barrels of gasoline and alkylate, an octane-boosting component blended with motor fuels, Continue Reading
Venezuela’s state oil producer PDVSA said it will pay $2.1 billion in bonds after a plunge in crude production and dwindling cash flow spurred bets on a default. Caracas-based Petroleos Continue Reading
The Wall Street Journal reported that Exxon is looking to jump into Brazil’s offshore sector, one of a few areas of exploration where there are still enormous volumes of known Continue Reading
Exxon Mobil Corp., the only big oil company without a major foothold in Brazil, is in talks to gain access to the country’s prized deep-water resources, according to people familiar Continue Reading
Brazil’s state-run oil company Petroleo Brasileiro SA Chief Executive Officer Pedro Parente talks during a news conference in Rio de Janeiro, Brazil, January 11, 2017. REUTERS/Nacho Doce U.S. oil company Continue Reading
