Six Citgo oil executives, five of them American citizens, will stand trial on charges of embezzlement and conspiracy after a year and a half in prison without charges in socialist Venezuela, Nicolás Maduro’s supreme court revealed on Monday.
The captain of the Manuela Saenz, a Venezuelan oil tanker, fought back against orders to send a shipment of unleaded and diesel gasoline to Cuba last week, prompting dictator Nicolás Maduro’s political police forces to stop the ship and replace him, according to a report in Argentine news outlet Infobae on Tuesday.
Deposed Venezuelan dictator Nicolás Maduro condemned the United States Monday night for imposing a new round of sanctions on Petróleos de Venezuela (PDVSA), the state oil company, a move intended to get Maduro to move out of the presidential palace and allow constitutional interim president Juan Guaidó to take charge.
Rep. Ilhan Omar (D-MN) rejected the Trump administration’s new sanctions against Venezuela’s state-owned oil company on Monday, doubling down on her defense of Nicolas Maduro’s socialist regime last week.
The sanctions block purchases of Venezuelan oil by United States companies and freeze the assets of the state-owned company in the United States.
A group of unnamed Cuban doctors forced to work without pay in Venezuela filed a lawsuit Monday against Petróleos de Venezuela (PDVSA), the state’s oil company, arguing that the socialist state paid the Castro regime for their services in oil and owe them a fair salary.
Venezuela’s state oil company Petroleum of Venezuela (PDSVA) is facing a lawsuit in the United States for failing to pay $25 million owed to Canadian energy contractor SNC-Lavalin.
Contents: Socialist Venezuela’s state-owned PDVSA oil company near total collapse; Will China or Russia save Venezuela?
Thousands of Venezuelan workers quit the country’s state-run oil company Petroleum of Venezuela (PDSVA) following the installation of Major General Manuel Quevedo as its head this month.
Contents: Venezuela’s Socialism drives hundreds of thousands into Colombia; Venezuela threatens to end trade with Aruba, Curaçao and Bonaire
Contents: Socialist Venezuela may or may not have declared bankruptcy on Thursday; Socialist Venezuela may have reached the end of its economic road
Contents: Russia considers taking on a huge financial burden – Venezuela; Maduro has ‘plans A, B and C’ if US imposes further sanctions
Contents: With Trump’s sanctions in place, Venezuela expected to go bankrupt soon; Analyst advises Venezuela to keep its assets safe from creditors; Maduro tells Venezuelans to breed and eat rabbits
Venezuela needs cash, and Russia has it. Venezuela has oil, and Russia wants it. The socialist meltdown in Venezuela is likely to end with Moscow controlling a good deal of that tormented country’s most valuable asset: its oil fields.
Socialist dictator Nicolas Maduro of Venezuela has offered his opponents a deal to delay the upcoming Constitutional Assembly elections for 45 days, giving the opposition a chance to participate, and hold a new presidential election in exchange for their help lobbying against U.S. sanctions.
Venezuelan politicians and protesters opposed to socialist dictator Nicolas Maduro blasted Goldman Sachs for buying $2.8 billion in Venezuelan bonds, a deal the financial giant confirmed on Monday. The bonds were sold at 31 cents on the dollar.
Anti-socialist legislators in Venezuela have released a report finding that the nation’s state-run oil corporation, Petróleos de Venezuela (PDVSA), is missing $11 billion unaccounted for in the past decade.