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Page 19 - Venezuela

Inflation-stricken Venezuela rolls out new, larger-denomination banknotes

Venezuela this week is rolling out larger-denomination banknotes as hyperinflation batters the crisis-stricken South American country's bolivar currency

Inflation-stricken Venezuela rolls out new, larger-denomination banknotes
Updated On : 17 Mar 2021 | 9:05 AM IST

Venezuela rations diesel supply to truckers as fuel shortages worsen

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

Venezuela rations diesel supply to truckers as fuel shortages worsen
Updated On : 08 Mar 2021 | 8:04 AM IST

Venezuela ships jet fuel to Iran in exchange for gasoline: Report

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.

Venezuela ships jet fuel to Iran in exchange for gasoline: Report
Updated On : 24 Feb 2021 | 4:26 AM IST

India about to join countries threatened by asset seizures across the world

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

India about to join countries threatened by asset seizures across the world
Updated On : 28 Jan 2021 | 10:38 AM IST

Venezuela: Maduro's 'miracle' treatment for Covid-19 draws skeptics

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

Venezuela: Maduro's 'miracle' treatment for Covid-19 draws skeptics
Updated On : 27 Jan 2021 | 6:48 AM IST

Venezuela's oil exports sink to 1940's level under tighter US sanctions

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

Venezuela's oil exports sink to 1940's level under tighter US sanctions
Updated On : 04 Jan 2021 | 12:05 PM IST

West refused to unfreeze Venezuelan funds for vaccine purchase: President

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

West refused to unfreeze Venezuelan funds for vaccine purchase: President
Updated On : 04 Jan 2021 | 10:22 AM IST

Venezuela resumes direct oil shipments to China despite US sanctions

The imposition of the sanctions was part of a push by the Trump administration to oust Venezuelan President Nicolas Maduro

Venezuela resumes direct oil shipments to China despite US sanctions
Updated On : 23 Dec 2020 | 8:21 AM IST

India wants to resume Iran, Venezuela oil imports under Joe Biden: Pradhan

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

India wants to resume Iran, Venezuela oil imports under Joe Biden: Pradhan
Updated On : 02 Dec 2020 | 1:07 PM IST

Venezuela resumes direct oil shipments to China despite US sanctions

A U.S. Treasury Department spokesperson said on Wednesday that "those engaged in activity in the Venezuelan oil sector risk exposure to sanctions"

Venezuela resumes direct oil shipments to China despite US sanctions
Updated On : 27 Nov 2020 | 8:37 AM IST

US names first ambassador in decade to Venezuela amid tensions

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

US names first ambassador in decade to Venezuela amid tensions
Updated On : 19 Nov 2020 | 11:26 AM IST

US case against Venezuela's oil minister Aissami hits another snag

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

US case against Venezuela's oil minister Aissami hits another snag
Updated On : 03 Nov 2020 | 7:34 AM IST

Venezuela's Maduro writes to 'peoples of the world' denouncing US sanctions

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

Venezuela's Maduro writes to 'peoples of the world' denouncing US sanctions
Updated On : 10 Oct 2020 | 4:06 PM IST

To dodge sanctions, Venezuela turns to Asia to keep crude flowing

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.

To dodge sanctions, Venezuela turns to Asia to keep crude flowing
Updated On : 08 Oct 2020 | 7:52 PM IST

Venezuela central bank wins appeal over gold reserves stored in UK

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

Venezuela central bank wins appeal over gold reserves stored in UK
Updated On : 06 Oct 2020 | 7:10 PM IST

UK court overturns Venezuela judgment in $1 billion gold tug-of-war

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

UK court overturns Venezuela judgment in $1 billion gold tug-of-war
Updated On : 06 Oct 2020 | 8:36 AM IST

Venezuela hails 'record level of compliance' with OPEC+ deal

The OPEC+ cooperation agreement saw "a record level of compliance" in August, Venezuelan Oil Minister Tareck El Aissami said

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Updated On : 18 Sep 2020 | 10:30 AM IST

captured US spy sought to sabotage power grid, oil refineries: Venezuela

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

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Updated On : 15 Sep 2020 | 7:30 AM IST

Venezuela's PDVSA confirms oil leak into sea near refinery complex

PDVSA discovered the spill in the Golfete de Coro area in Falcon state during an aerial inspection, a statement from the company said

Venezuela's PDVSA confirms oil leak into sea near refinery complex
Updated On : 13 Sep 2020 | 8:20 AM IST

Venezuelan president Maduro says USA spy captured near refineries

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

Venezuelan president Maduro says USA spy captured near refineries
Updated On : 12 Sep 2020 | 8:47 AM IST