President Dilma Rousseff lost a crucial impeachment vote in Brazil’s lower house on Sunday evening, making her removal ever more likely and deepening the country’s political crisis less than four Continue Reading
The United States is seeking to block a deal between OPEC and non-OPEC nations to stabilize oil markets, Venezuelan President Nicolas Maduro said on Tuesday, accusing Washington of applying “war-like” Continue Reading
Schlumberger Ltd. will reduce activity in Venezuela after the world’s largest oil services provider failed to collect enough payments from the national oil company. The reduction will take place this Continue Reading
At the main morgue of central Caracas, the stench forces everyone to cover their nostrils. “Now things are worse than ever,” says Yuli Sánchez. “They kill people and no one Continue Reading
Venezuelan President Nicolás Maduro said the country’s workers will get Fridays off for the remainder of April and May in his latest attempt to save power amid a severe drought Continue Reading
Venezuela’s main steelmaker Sidor has been shut down for 25 days, a union leader said on Wednesday, blaming the situation on the military officers who run the state-owned firm. Sidor Continue Reading
Venezuela’s PDVSA will discharge in the coming days its first cargo of U.S. crude bought from British BP, who along with China Oil was awarded a tender to supply the Continue Reading
For nearly the past two decades, chavistas , or supporters of former President Hugo Chávez, have dominated Venezuelan government institutions and have actively promoted the Bolivarian Revolution, whose key ideological Continue Reading
The Panama Canal Authority has imposed further draft restrictions for vessels transiting through the canal effective April 29 due to ongoing El Nino-related droughts in the region. In a shipping Continue Reading
Brazil’s troubled state-run oil company Petróleo Brasileiro SA on Friday announced a beefed-up voluntary layoff program that could affect up to 12,000 jobs amid intense efforts to cut costs. Petrobras Continue Reading
