Page 48 - Pdvsa News Today

On October 18, the Biden administration unveiled the landmark Barbados agreement signed in conjunction with the Venezuelan government and opposition. The agreement authorises six-month licenses for oil and gas transactions, dealings with Venezuela’s state-run gold mining firm, Minerven, plus the lifting of a trading ban on certain sovereign bonds, equity, and debt from Venezuela’s state oil-firm, PDVSA. In exchange, Caracas agreed to lift bans on opposition candidates, allow foreig...

Venezuelas President Maduro has intensified the long-standing dispute with Guyana over the Essequibo region, fueled by a desire to distract from domestic troubles and exploit oil discoveries.

The administration only has itself to blame for emboldening regional instability between Venezuela and Guyana

A Uruguayan banker charged in a $1.2 billion Venezuelan money-laundering case in Miami is dropped from indictment.

Venezuelas government foresees a 27% increase in its income from state-run oil company PDVSA next year, according to a document seen by Reuters, after a relaxation in U.S. sanctions and amid planned... -December 12, 2023 at 09:18 am EST - MarketScreener

Venezuela's government foresees a 27% increase in its income from state-run oil company PDVSA next year, according to a document seen by Reuters, after a relaxation in U.S. sanctions and amid planned presidential elections and stagnant production. The administration of President Nicolas Maduro estimates that its total spending next year will be equivalent to $20.5 billion, according to an unpublished 2024 budget proposal. Sanctions relief, which is set to last until April unless the U.S. ...

A nation that few Americans could find on a map, the oil-rich South American country of Guyana, is in trouble. It has a large and aggressive neighbor, Venezuela, run by an authoritarian leader who maintains close relationships with Russia, Iran, Cuba and other authoritarian states. In a move reminiscent of Vladimir Putin’s invasion of Ukraine, the dictator of Venezuela -- Nicolas Maduro, a former bus driver and...

Trading houses that emerged as early buyers of Venezuelan crude following an U.S. easing of oil sanctions in October are now supplying state company PDVSA with motor fuels and diluents for its heavy...

A nation that few Americans could find on a map, the oil-rich South American country of Guyana, is in trouble. It has a large and aggressive neighbor, Venezuela, run by an authoritarian leader who maintains close relationships with Russia, Iran, Cuba and other authoritarian states. In a move reminiscent of Vladimir Putin’s invasion of Ukraine, the dictator of Venezuela -- Nicolas Maduro, a former bus driver and...

Trading houses that emerged as early buyers of Venezuelan crude following an U.S. easing of oil sanctions in October are now supplying state company PDVSA with motor fuels and diluents for its heavy oil production, according to documents and data. Ahead of a presidential election scheduled for late 2024, Venezuela has begun prioritizing fuel imports to avoid a new wave of the gasoline and diesel shortages that spurred protests in recent years, according to the documents and sources. Washington...