Venezuela this week is rolling out larger-denomination banknotes as hyperinflation batters the crisis-stricken South American country's bolivar currency
Venezuelan state oil company Petroleos de Venezuela has begun rationing diesel to truckers, sources said, as low domestic refining output and scarce imports amid US sanctions squeeze fuel supplies
CARACAS/MEXICO CITY (Reuters) - Venezuela is shipping jet fuel to Iran in return for vital gasoline imports for the South American nation as part of a swap deal agreed by the two state-run oil firms, three people with knowledge of the matter told Reuters.
Cairn Energy Plc will push authorities to impound Indian assets if the South Asian nation declines to honor an arbitration ruling in a $1.2 billion tax dispute, according to a letter the company sent
His government has released no evidence. He even kept secret the name of the "brilliant Venezuelan mind" behind it, saying he needed to protect them
Pressured by strict US sanctions, Venezuela's oil exports plunged by 376,500 barrels per day (bpd) in 2020, according to data and internal documents
EU nations and the United States have refused Venezuela's request to unfreeze its assets, so that the sanctions-hit country could purchase a coronavirus vaccine, President Nicolas Maduro has said
The imposition of the sanctions was part of a push by the Trump administration to oust Venezuelan President Nicolas Maduro
India wants to diversify its oil imports, including the resumption of supplies from Iran and Venezuela after Joseph Biden becomes president of the US, Oil Minister Dharmendra Pradhan said
A U.S. Treasury Department spokesperson said on Wednesday that "those engaged in activity in the Venezuelan oil sector risk exposure to sanctions"
Washington has its first ambassador to Venezuela in a decade despite the US having no diplomats at its Caracas embassy amid a breakdown in relations
The prosecution of Venezuela's Oil Minister Tareck El Aissami for violating US sanctions has run into another snag after a federal judge allowed one of his co-defendants to withdraw a guilty plea
Venezuelan President Nicolas Maduro has addressed a letter "to the peoples of the world" on his government's response to Washington's unilateral measures against his country
Many of PDVSA's overseas bank accounts had been frozen or closed, hampering its ability to pay vendors on whom it relies to keep the nation's crude flowing.
The Court of Appeal in London granted the bank's appeal for the UK courts to determine the dispersal of the bullion worth around 1.8 billion euros
The BCV sued the Bank of England in May to recover control of the gold, which it says it will sell to finance Venezuela's response to the coronavirus pandemic
The OPEC+ cooperation agreement saw "a record level of compliance" in August, Venezuelan Oil Minister Tareck El Aissami said
Venezuela's chief prosecutor accused a US citizen recently arrested of spying and planning to sabotage oil refineries and electrical service in order to stir unrest and kill innocent people
PDVSA discovered the spill in the Golfete de Coro area in Falcon state during an aerial inspection, a statement from the company said
Nicols Maduro said that Venezuelan authorities captured a US spy targeting a pair of refineries on the north Caribbean coast as this nation once wealthy from oil is gripped by a deep gasoline shortage