Venezuela is once again finding itself in the dark in another massive power outage, according to Aljazeera , weighing further on the South American country that is struggling to maintain Continue Reading
Two Russian planes with 100 troops landed in Venezuela this weekend, Reuters reports , citing media reports and flight tracking websites. The move is the latest signal of strengthening ties Continue Reading
Two Russian air force planes landed at Venezuela’s main airport on Saturday carrying a Russian defense official and nearly 100 troops, according to media reports, amid strengthening ties between Caracas Continue Reading
U.S. sanctions on Venezuela’s oil industry have made winners out of Royal Dutch Shell Plc and BP Plc, Gulf of Mexico offshore heavyweights, as refiners in need of substitutes are Continue Reading
India’s Reliance Industries, operator of the world’s largest oil refining complex, on Friday, said in a statement it was not breaching U.S. sanctions against Venezuela. The company said that its Continue Reading
Venezuelan state-owned PDVSA is seeking to extend the contracts of three petroleum tankers, and hire five additional tankers, to compensate for the loss of vessels due to US sanctions, according Continue Reading
The opposition-led National Assembly of Venezuela this week voted to suspend crude oil shipments to Cuba after its president, Juan Guaido, slammed these exports as “funding dark purposes” in a Continue Reading
U.S. Republican Senators Ted Cruz and John Cornyn on Thursday pressed Venezuelan President Nicolas Maduro to release six executives from Houston-based oil company Citgo Petroleum that have been in jail Continue Reading
“The situation is critical,” says Nancy Rodríguez, who runs a produce stand at the Quinta Crespo market in Caracas. (Mary Beth Sheridan/The Washington Post) CARACAS, Venezuela — The lights are Continue Reading
Citigroup Inc plans to sell several tons of gold placed as collateral by Venezuela’s central bank on a $1.6 billion loan after the deadline for repurchasing them expired this month, Continue Reading
