An April 17, 2024, the U.S. Department of the Treasury’s Office of Foreign Asset Control (“OFAC”) issued General License (“GL”) 44A (“Authorizing the Wind Down of Transactions Related to Oil or Gas ...
Venezuela’s government and opposition have agreed on a political roadmap to elections, but the path there remains fraught ...
HOUSTON/CARACAS, April 22 (Reuters) - Venezuela's state ... PDVSA had moved many spot oil deals not involving swaps to a contract model demanding prepayment for half of each cargo's value in ...
(Ariana Cubillos/AP) The Biden administration will reimpose oil and gas sanctions on Venezuela after President Nicolás Maduro failed to comply with a U.S.-backed agreement to allow opposition ...
Long the country's only notable export and foreign currency earner, oil became a doorway to political and economic power. Since 1976, when Venezuela nationalized the commodity -- then very ...
Tareck El Aissami latest in purge of politicians, human rights advocates and critics by government of Nicolás Maduro Venezuela’s former oil minister Tareck El Aissami – once one of the ...
Venezuela on Tuesday announced the arrest of ex-petroleum minister Tareck El Aissami and dozens of others in a probe into an alleged multi-million dollar crypto fraud at state oil company PDVSA.
HOUSTON/CARACAS (Reuters) -Venezuela's state-run ... PDVSA had moved many spot oil deals not involving swaps to a contract model demanding prepayment for half of each cargo's value in USDT.
Corruption in Venezuela's oil industry is a many-headed monster that has devoured billions of dollars in taxpayers' money in the past 20 years, experts say. Long the country's only notable export ...