Venezuela
Why US parks Venezuelan oil money in a Qatar bank account
The move ensures that Venezuela doesn’t wriggle out of the US dollar zone
Chevron amasses largest fleet in almost a year to ship Venezuelan oil
The US has also enlisted traders Trafigura Group and Vitol Group to help sell as much as 50 million barrels of oil
Vitol and Trafigura – traders at the heart of Trump’s Venezuela oil grab
The companies’ special licences to ship still-sanctioned barrels have given them a head start in a potentially lucrative trade
US military seizes another Venezuela-linked tanker in the Caribbean
[WASHINGTON] The US military said it seized a Venezuela-linked tanker on Tuesday in the Caribbean, marking the seventh such apprehension since the start of US President Donald Trump’s month-long campa...
Trump says he is not interested in speaking with Maduro in prison
[WASHINGTON] US President Donald Trump on Tuesday said he had no interest in speaking with Venezuelan President Nicolas Maduro, who is sitting in a US jail after his capture by US forces earlier in Ja...
Venezuela has received US$300 million in funds from oil sales, acting president says
VENEZUELA’S interim president Delcy Rodriguez said on Tuesday that the country has received US$300 million from oil sales, the first proceeds from US President Donald Trump’s announced 50-million-barr...
International oil companies push for quick reforms in Venezuela to give them control over oil exports
The companies are also seeking to remove extra taxes introduced by the government
Venezuelan banks will get US$300 million of oil money to sell on exchange market: sources
FOUR Venezuelan banks were notified this week by the country’s government that they will split US$300 million of oil revenues deposited in an account in Qatar, enabling them to sell dollars to Venezue...
US getting 30% higher price for Venezuelan oil than Venezuela did weeks ago, energy chief says
[WASHINGTON] US Energy Secretary Chris Wright said on Thursday the US is getting a 30 per cent higher price for Venezuelan crude oil than Venezuela got before US special forces captured President Nico...
