Trump Takes Aim At Maduro, Threatens Oil Embargo
A week after Venezuelan President Nicolas Maduro was sworn in for a second term in office, the option of a complete oil embargo against Venezuela has been put back on Continue Reading
Venezuela’s Crisis Threatens U.S. Control Over Oil Prices
The Russian bear is on the prowl once again as President Putin seeks to expand Moscow’s influence and bolster the one-time superpower’s global influence while proving to constituents he can Continue Reading
Venezuela swears in an illegitimate president
The editorial board When Nicolás Maduro was sworn in by Venezuela’s Supreme Court for a second six-year term as president on Thursday, a notable judge was missing. Christian Zerpa, a Continue Reading
Exxon ships have not returned to area of Venezuela dispute: Guyana
Seismic research vessels hired by Exxon Mobil to explore for oil off Guyana’s coast have not returned to the site of a December incident with Venezuela’s navy, but they may Continue Reading
Venezuelan Leader Starts Second Term With Grim Outlook
Within minutes, a majority of the 35-member Organization of American States, a regional diplomatic body, voted to not recognize the legitimacy of Mr. Maduro’s new government after about 60 countries Continue Reading
Maduro Clings To Power As Venezuela’s Oil Collapse Continues
Venezuelan President Nicolas Maduro was inaugurated for a second term on Thursday, despite presiding over an economic meltdown of historic proportions and his status as an international pariah. A coalition Continue Reading
Nicolás Maduro to begin second term as Venezuela goes into meltdown
Every day before dawn, a long line of people forms outside the Spanish consulate in the Plaza la Castellana in Caracas. Venezuelans, many of Spanish descent, are desperate to get Continue Reading
Venezuela’s PDVSA inks oil deal with firm part-owned by Florida Republican
Venezuelan state oil firm PDVSA [PDVSA.UL] has signed a deal with little-known U.S. energy firm Erepla that is part-owned by a prominent Florida Republican to help increase the socialist-run country’s Continue Reading
Newcomer To Help Venezuela Reverse Oil Production Drop
A fledgling U.S. company set up last year will help Venezuela turn around its falling oil production that has led to the country’s oil exports falling to the lowest in Continue Reading
Is Venezuela’s Downward Spiral OPEC’s Achilles Heel Or Saving Grace?
OPEC and US Shale have been duking it out in the oil markets for a few years now—ever since the days of $100 oil. OPEC, led by Saudi Arabia, took Continue Reading