Russia’s largest oil producer Rosneft said on Tuesday it had made around $6 billion in pre-payments to Venezuelan state oil company PDVSA and had no immediate plans to make any Continue Reading
To survive months of street protests and an economy in tailspin, Venezuelan President Nicolas Maduro is trying to turn state oil company PDVSA into a bastion of support, further degrading Continue Reading
Is Venezuela’s 2017 transformation symptomatic of the growing global polarization? And does it show how the collapse of globalism is resulting in the re-emergence of a range of governmental forms Continue Reading
The Venezuelan state prosecutor’s office said late on Wednesday it has opened an investigation into accusations that the country’s elections council manipulated turnout figures in Sunday’s controversial election for a Continue Reading
Venezuela’s state-run PDVSA has reduced crude sales to its U.S. refining unit Citgo Petroleum while increasing supply to Russia’s Rosneft ( ROSN.MM ), following a plan signed in May to Continue Reading
The result of this election was hardly in doubt. Opposition political parties boycotted what can most generously be referred to as “massaged” voting results. But the main result may end Continue Reading
Venezuelan authorities tampered with votes during an election this week to elect a body to rewrite the country’s constitution, said the company that provides the government with the voting software. Continue Reading
With oil so far spared from the target of sanctions, the European Commission said Wednesday it was discussing a range of potential options for Venezuela. The U.S. Treasury Department hit Continue Reading
Venezuelan state energy giant PDVSA expects its refineries to run at 44 percent capacity in August due to crude supply issues, Reuters reported on Tuesday. At maximum output, the refinery Continue Reading
Venezuelan security officials seized opposition leaders Leopoldo Lopez and Antonio Ledezma from their homes during nighttime raids on Tuesday, in what critics of President Nicolas Maduro said was a growing Continue Reading
