Venezuelan authorities said on Tuesday they had arrested 28 people in southern Bolivar state for looting and disorder over Christmas in the latest unrest during a severe economic crisis. There Continue Reading
Canada will expel a Venezuelan diplomat and bar that country’s ambassador from returning, Foreign Minister Chrystia Freeland said on Monday, after the South American nation booted envoys from Brazil and Continue Reading
“We think they were alive a good while as they died from asphyxia,” said Zair Mundaray, a veteran prosecutor who led the exhumation and investigation that pieced together how the Continue Reading
Venezuela’s PDVSA and international trading company Trafigura are in discussions to swap over 10 percent of the South American country’s crude output for imported fuels for domestic use, according to Continue Reading
Oil traders expecting steep production losses from Venezuela are likely to be underestimating the severity of the country’s crisis, according to analysts at RBC Capital Markets. In a research note Continue Reading
Venezuela has awarded licenses to a unit of Russian oil major Rosneft ( ROSN.MM ) to develop two offshore gas fields, Rosneft said in a statement. Venezuelan President Nicolas Maduro Continue Reading
Carlos Aquino weeping over the casket of his son, Kenyerber, who died of heart failure caused by severe malnutrition. Meridith Kohut for The New York Times Sisters and cousins of Continue Reading
Decisions at some joint ventures with foreign firms are delayed. A growing number of oil tankers sit idle because no one authorizes payments. Employees struggle to get approval for routine Continue Reading
Venezuela’s cash-strapped state oil firm PDVSA said that it had initiated bank transfers on Thursday to pay US$539 million in interest on four separate bonds, just hours before grace periods Continue Reading
Citgo Petroleum may look like a tempting target for bondholders of its parent company, Venezuelan-owned oil driller PDVSA, but the refinery operator’s complex debt structure could make its assets difficult Continue Reading
