The Latest Breaking News from PDVSA

How Venezuela's Simultaneous Refinery Explosion and Blackout Crisis Are Testing the U.S. Oil Deal

A gas line explosion shut Venezuela's Cardón refinery as nationwide blackouts spark 4,000+ protests — putting the U.S. oil deal to its first test.

Latin Times · 18h ago

From Congress to Caracas: How Former Rep. David Rivera Secretly Worked for Maduro's Venezuela

Former Florida Rep. David Rivera gets 10 years for secretly lobbying for Venezuela's Maduro regime — Rubio testified; a D.C. case still pending.

Latin Times · Oct 8

Baker Hughes' Venezuela Gas Deal Could Unlock the Country's First-Ever LNG Exports: What to Know

Baker Hughes signed two Venezuela gas deals with PDVSA and New Stratus Energy, targeting the country's first-ever LNG exports. Here's what the agreements actually mean.

Latin Times · Oct 5

Venezuela's Opposition Set to Lose Control of Citgo as Delcy Rodríguez Government Takes Over

Following Maduro's capture and U.S. recognition of Delcy Rodríguez, Venezuela's opposition prepares to relinquish oversight of refiner Citgo.

Latin Times · Sep 10

Rubio kicks off tour in Latin America as US vies for regional influence

United States Secretary of State Marco Rubio on Tuesday arrived in Colombia following the recent election of hard-right lawyer and US ally President Abelardo de la Espriella, and a string of right-wing electoral victories across Latin America. Colombia is the first stop on a tour designed to bolster pro-US leaders…

France 24 · Sep 8

The Venezuelan billionaire the US investigated for money laundering now has a Pentagon oil deal

Billionaire Alejandro Betancourt, once investigated by US authorities over alleged money laundering linked to Venezuelan state oil firm PDVSA, has emerged as a key US partner in a sweeping oil deal with Caracas. Reuters reports Betancourt helped Washington ahead of Nicolás Maduro’s capture and later brokered oil agreements benefiting US…

The Economic Times · Sep 6

Wall Street Sees Oil Money in Venezuela. Doral Sees a Ticking TPS Clock

Venezuela's oil deal is fueling a Wall Street bond rally ahead of a record debt restructuring — but Doral's diaspora is watching a TPS deadline instead.

Latin Times · Sep 4

Trump Is Taking a Stake in Venezuela's Oil Industry and This Crony Is Cashing In

Alejandro Betancourt has become the key go-between for the Trump administration, Venezuela’s new regime, and American oil companies.

Reason · Sep 3

Venezuelans’ pride is bruised by deal to give US one-fifth of their oil reserves

Many Venezuelans see the deal giving the United States control of roughly one-fifth of their country's oil reserves as a surrender

The Independent UK · Sep 3

US firm to take over some Venezuela oilfields previously run by Chinese, Russian firms

The White House on Monday said it’s partnering with North American Blue Energy Partners as part of President Donald Trump’s push to tap into Venezuela’s oil industry, setting up a deal that will give the Pentagon a stake over roughly a fifth of the country’s vast oil reserves. Venezuela's ruling…

France 24 · Sep 1