The World Bank projects the recession in Latin America and the Caribbean will be the worst downturn since reliable data began in 1901, setting back progress on fighting inequality and Continue Reading
Iran has exported gasoline to Venezuela under a “commercial deal” and none of the trades was for free, news agency IRNA reported on June 28, citing Iranian Oil Minister Bijan Continue Reading
Reliance Industries, the owner of the largest refinery in India and the world, has stopped buying Venezuelan crude, according to unnamed sources in the know who spoke to Bloomberg, Last Continue Reading
President Nicolas Maduro said Wednesday he’s appointed a team of specialists to consider whether the price of the world’s cheapest gasoline in Venezuela should rise for drivers in the crisis-stricken Continue Reading
Officials from Venezuelan state oil company Petroleos de Venezuela [PDVSA.UL] have spoken with private contractors about paying for work fixing the country’s refineries with fuel and byproducts, a half dozen Continue Reading
Tankers carrying nearly two months’ worth of Venezuelan oil output are stuck at sea as global refiners shun the nation’s crude to avoid falling foul of U.S. sanctions, according to Continue Reading
In 2017, Nicolas Maduro’s regime sought help from the then-Republican Congressman from Texas, Pete Sessions, to arrange a meeting between Venezuela’s state oil firm PDVSA and the head of ExxonMobil Continue Reading
Venezuela is still sending oil to China despite stifling U.S. sanctions, Bloomberg has reported , citing shipping data from Kpler. As of this Monday, the data suggested, there were 3.3 Continue Reading
Last year, China replaced the United States as the No. 1 importer of oil from Venezuela, yet another front in the heated rivalry between Washington and Beijing. The United States Continue Reading
The United States is investigating and trying to get to the bottom of reports that Libya’s eastern-based commander Khalifa Haftar’s plane was in the Venezuelan capital Caracas last week, a Continue Reading
