Category: Venezuela

Venezuelan opposition leader Juan Guaidó said he plans to return to his home country on Monday in a high-stakes strategy that directly challenges President Nicolás Maduro’s authority and could end Continue Reading

Venezuela is scrambling to find buyers for its oil, hoping to keep revenue streams alive even as Maduro loses control of Citgo. The U.S.-based subsidiary of PDVSA officially severed ties Continue Reading

Russian Foreign Minister Sergei Lavrov said on Friday that Moscow was helping Venezuela with supplies of wheat, hours before a Reuters reporter saw a Venezuela-bound cargo ship carrying Russian wheat Continue Reading

Venezuelan President Nicolas Maduro has ordered state oil company PDVSA’s office in Lisbon to be relocated to Moscow, Vice President Delcy Rodriguez said on Friday, a move she said was Continue Reading

At least 8 tons of gold were removed from the Venezuelan central bank’s vaults last week, an opposition legislator and three government sources told Reuters, in the latest sign of Continue Reading

Venezuela’s state-owned oil company PDVSA now has 10.8 million barrels of crude sitting dockside without a buyer due to US sanctions, according to reports from terminals reviewed by S&P Global Continue Reading

In November 2017, Harry Sargeant III, a wealthy American businessman, flew to Venezuela to see about buying some oil.  Sargeant, the former finance chairman of the Florida Republican Party, was Continue Reading

Russian companies in Venezuela are not experiencing any problems resulting from the escalation in the political situation in the country and have not incurred any losses on the oil they Continue Reading

Venezuela, under U.S. embargo, has shifted some of its crude exports from American refiners to India and Europe, according to the country’s oil minister and ship-tracking firms. But it will Continue Reading