The move will make it more difficult for the country to increase oil output and exports as companies will have to wait for individual U.S. authorizations to do business with Venezuela. PDVSA since ...
Polish refiner Orlen has canceled its deal to purchase Venezuelan crude and oil products after U.S. sanctions snapped back ...
Venezuela's PDVSA shifts to crypto, using USDT for oil trades as a sanction evasion strategy, according to a new report.
WARSAW (Reuters) -Polish oil refiner Orlen has cancelled contracts to buy Venezuelan oil and refined products after losing ...
MIAMI (AP) — The Biden administration on Wednesday reimposed crushing oil sanctions on Venezuela, admonishing President Nicolás Maduro's attempts to consolidate his rule just six months after the U.S.
By Daphne Psaledakis, Marianna Parraga and Matt Spetalnick WASHINGTON/HOUSTON (Reuters) -The U.S. will not renew a temporary license that widely eased sanctions on Venezuela's oil and gas sector ...
Venezuela’s government announced on April 9, 2024, the arrest of El Aissami on alleged corruption allegations, one year after his resignation as the oil minister. (AP Photo/Ricardo Mazalan, File) FILE ...
Contact: +58 424-1350265 Deisy reports on oil and energy and general news from Venezuela's capital, Caracas. She is also interested in reporting on politics and the environment. Deisy has been ...
Accused of a massive $21 billion fraud in Petróleos de Venezuela (PDVSA , El Aissami's arrest signals a broader effort to clean up the nation's oil sector. Attorney General Tarek William Saab ...
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.
El Aissami, 49, also previously headed PDVSA. He was a close lieutenant to President Nicolas Maduro, serving as his vice president from 2017 to 2018. He resigned in March 2023 amid a corruption ...
Nigeria is expected to receive a $1billion loan from the African Export-Import Bank (Afreximbank) next month as part of a larger crude oil prepayment facility aimed at shoring up foreign exchange ...