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PDVSA uses naphtha from the US to thin its heavy crude so it can be shipped.
Read More »US Gives Non-US Firms Three Months to Close PDVSA Deals
John Bolton: Don’t Deal in Gold. Oil with Venezuela!
The US has sanctioned Nicaragua’s Albanisa company. which exports and sells Venezuelan oil products.
Read More »Oil Rise on Venezuela Sanctions
The sanctions aim to freeze sale proceeds from PDVSA’s exports of roughly 500.000 barrels per day (bpd) of crude oil to the United States.
Read More »John Bolton Admits US Support of Illegal Coup Is about Oil. Not Democracy
Maduro and the Venezuelan people are resisting this coup attempt by the interventionist North American country.
Read More »Venezuela President Urges US Companies to Continue Investing in Venezuela
Over 3.000 US companies are listed in the register of trading companies in Venezuela.
Read More »Too Early to Assess Impact of U.S. Sanctions on Venezuela
The Trump administration on Monday imposed sweeping sanctions on Venezuelan state-owned oil firm PDVSA.
Read More »The Trump Administration Imposes Financial Sanctions on PDVSA
The new measures have the potential to affect the pattern of petroleum shipping in the Caribbean and beyond.
Read More »Venezuela`s PDVSA Orders Prepayment for U.S.-Bound Oil Cargoes
Venezuela exports about 500.000 barrels per day (bpd) of crude to the United States.
Read More »Kremlin Criticize US Sanctions against PDVSA
The Kremlin has warned against negative repercussions should third countries intervene in Venezuela’s affairs.
Read More »Venezuela will Have Problem to Repay Its Debts to Moscow
Russia has been a long-standing ally of Venezuela and has acted as a lender of last resort for Caracas.
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