The pursuit of regime change in far-off countries is proving to be a resilient characteristic of US presidencies, no matter their political leanings. The current White House has taken an Continue Reading
The EU has no appetite for general sanctions targeting Venezuela or its state-owned oil company PDVSA, despite the US imposing sweeping curbs on the latter earlier this week, official EU Continue Reading
One of the large refiners in the U.S., Citgo Petroleum, owned by Venezuela’s state oil company PDVSA, has denied a report that it was considering filing for bankruptcy, among other Continue Reading
The US Treasury Department said Friday that transactions between non-US firms and PDVSA, Venezuela’s state-owned oil firm, which involve the US financial system or US commodity brokers would be prohibited Continue Reading
When China hatched the first of a series of oil-for-loans agreements with Venezuela in 2007, it seemed like a perfect match. Venezuela had the world’s biggest oil reserves; China was Continue Reading
The Trump administration on Monday imposed sweeping sanctions on Venezuelan state-owned oil firm PDVSA, the toughest U.S. financial measure so far against Venezuelan President Nicolas Maduro. The sanctions were announced Continue Reading
Venezuelan opposition leader and self-proclaimed president Juan Guaido said on Monday he has ordered congress to begin the process of naming new boards of directors to state oil company PDVSA Continue Reading
The U.S. imposed sanctions against Venezuela’s state-oil giant Petróleos de Venezuela S.A. on Monday in an effort to cripple President Nicolás Maduro’s government and empower an opposition leader. President Trump’s Continue Reading
The Trump administration on Monday announced it would impose sanctions on Venezuela’s state-owned oil monopoly, the most aggressive move to date in President Trump’s challenge to Nicolás Maduro, the president Continue Reading
Venezuela will sell 15 tonnes of gold from central bank vaults to the United Arab Emirates in coming days in return for euros in cash, a senior official with knowledge Continue Reading
