Venezuela has officially launched what its President Nicolas Maduro claims is a first state-backed oil-backed cryptocurrency, El Petro, which analysts and experts see as nothing but a scam and another Continue Reading
A delay in port repairs following a tanker collision is putting additional pressure on already pressured Venezuelan crude oil exports, Reuters quoted anonymous sources close to PDVSA as saying this Continue Reading
Repairs to a dock at Venezuela’s main oil export port will take at least another month to complete following a tanker collision more than a month ago, further restraining the Continue Reading
The Calcasieu River ship channel is a fisherman’s paradise for speckled trout. It is also a vital thoroughfare for Venezuelan oil. Tankers with Venezuelan crude sail up to the Citgo Continue Reading
Venezuelan migrants sleep before the start of a job fair in Medellin, Colombia, on Sept. 27. As hundreds of thousands of desperate Venezuelans flee their country, in many cases on Continue Reading
The Trump administration and some others in the U.S. government have sent some not-so-subtle hints lately that they are open to a military invasion of Venezuela to oust President Nicolas Continue Reading
The United States is considering putting more pressure on Nicolas Maduro’s regime in Venezuela, U.S. Secretary of State Mike Pompeo recently said, and some analysts speculate that the increased pressure Continue Reading
Sao Paulo — Venezuela’s sole iron ore producer Ferrominera Orinoco put mine operations on hold at the end of last week as a result of a workers strike, market sources Continue Reading
When the New York Times earlier this month reported that President Trump had met with Venezuelan military officers unhappy with the country’s government to discuss a coup against Nicolas Maduro, Continue Reading
Venezuelan President cum dictator Nicolas Maduro has announced that his nation is set to increase its oil exports to China to a staggering one million barrels per day (bpd) over Continue Reading
