The Latest Breaking News from PDVSA

China calls on U.S. to "stop interfering in the internal affairs of Venezuela"

The country's Foreign Ministry Spokesperson also called on the U.S. to "lift all unlawful unilateral sanctions on Venezuela"

Latin Times · Jun 20, 2024

What is an F1 pay driver? All to know about the controversial tag

Motorsport is one of the most expensive industries in the world as Red Bull paid a staggering $7,445,817 to enter the 2024 F1 season.  But costs are also high at a national level with teams paying up to £29,000 for a space on the British GT grid.  So it is…

Autosport · May 2, 2024

Oil: 'Mother Of Corruption' In Venezuela

Corruption in Venezuela's oil industry is a many-headed monster that has devoured billions of dollars in taxpayers' money in the past 20 years, experts say.

International Business Times · Apr 26, 2024

Venezuela scrambles to give assets it seized from ConocoPhilips to a local company

Venezuelan firm A&B Investments is set to partner with state-run PDVSA to run fields in the Orinoco Belt before U.S. sanctions go back in place

Latin Times · Apr 17, 2024

Venezuela Arrests Ex-oil Minister El Aissami In Graft Probe

Venezuelan authorities announced the arrest Tuesday of influential ex-oil minister Tareck El Aissami, who had resigned from his post last year amid a corruption scandal at state oil company PDVSA. "We have managed to reveal the direct participation and consequent arrest" of El Aissami, Attorney General Tarek William Saab said,…

International Business Times · Apr 9, 2024

Chavez Legacy Looms Large, And Divides Venezuela, 25 Years On

"Chavez lives, damn it!" At 16:25 every day a soldier shouts out: "Chavez lives, damn it!"

International Business Times · Feb 1, 2024

Who Is Seeking to Invest in Venezuelan Oil Amid Easing of U.S. Sanctions?

The easing of sanctions in Venezuela has renewed interest in Venezuela

Latin Times · Jan 24, 2024

Will Sanctions Easing Reboot Venezuela's Oil Industry?

On paper, the easing of US oil sanctions against Venezuela should allow its battered economy to once again profit from a resource it has more of than any country in the world.

International Business Times · Jan 22, 2024

President Maduro Expects 8% Economic Growth In 2024 After 5% Increase Last Year

Maduro assured that the inflation will be two digits this year, adding that state oil company PDVSA contributed $6.23 billion to Vanezuela's coffers in 2023.

Latin Times · Jan 16, 2024

Guyana, Venezuela, 11bn barrels of oil – and six centuries of colonial conflict

Maduro’s annexation threat is only the latest move on a chessboard stretching back to the 15th century. The outcome could reverberate throughout Latin America and the Caribbean

The Guardian - UK · Dec 14, 2023