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The Latest Breaking News from PDVSA

Cash is king for sanctioned Russian, Venezuelan oligarchs

Politically connected billionaires from Russia and Venezuela are at the center of a 49-page criminal indictment that reads like a how-to guide on circumventing U.S. sanctions

The Independent UK

Exclusive-Venezuela's opposition seeks U.S. consultations on Chevron license

Venezuelan opposition leader Juan Guaido asked the United States for details of Chevron Corp's expanded license request to operate in the South American country, according to a letter sent to a senior U.S. official on Monday that also asked to be consulted before any U.S. decisions.

Reuters

Venezuela to seek extradition of former minister in corruption case

Venezuela will seek the extradition of a former top energy official and launched fresh legal action against a former oil minister, who it is also trying to extradite from Europe, the state attorney-general's office said on Friday.

Reuters

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Venezuela government again accuses ex-oil czar of wrongdoing

The Venezuelan government is again accusing its former oil czar of wrongdoing while he oversaw the country’s most important industry

The Independent UK

Restoring Chevron operations in Venezuela depends on U.S. -minister

Progress in relaunching oil major Chevron Corp's operations in Venezuela under U.S. sanctions on the country depends on licenses from Washington, Venezuelan oil minister Tareck El Aissami said on Tuesday.

Reuters

US officials back in Venezuela in a bid to rebuild ties

Senior Biden administration officials have quietly traveled to Caracas in the latest bid to rebuild relations with the South American oil giant as the war in Ukraine drags on, driving higher gas prices and forcing the U.S. to recalibrate other foreign policy objectives

The Independent UK

Former top Venezuelan oil ministry lawyer gets 4 years in Miami money laundering case

MIAMI — A former top lawyer of Venezuela’s oil ministry who played a central role in a $1.2 billion money-laundering scheme fueled by government corruption was sentenced to more than four years in prison by a Miami federal judge Thursday — punishment that was less than half of what prosecutors…

Miami Herald

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US to ease a few economic sanctions against Venezuela

The United States government is moving to ease a few economic sanctions on Venezuela in a gesture meant to encourage resumed negotiations between the U.S.-backed opposition and the government of President Nicolás Maduro

The Independent UK

Old gas canisters fuel deadly blasts in Venezuela homes

Venezuelan housewife Leoana Maricuto was cooking in the kitchen with her husband and their 3-year-old son last week when a gas canister exploded, engulfing her in flames.

Reuters

Ex-Fla. Congressman David Rivera diverted $13 million from Venezuelan deal to convicted drug trafficker, others

MIAMI — As Venezuela’s economy was crashing in 2017, the country’s state-owned oil company hired former U.S. Rep. David Rivera for a costly public relations campaign to improve the tarnished image of the Venezuelan firm in the United States.

Miami Herald

Possible Russia oil embargo drives US outreach to Venezuela

Senior U.S. officials secretly traveled to Venezuela over the weekend in a risky bid to unfreeze hostile relations with Vladimir Putin’s top ally in Latin America, a top oil exporter whose re-entry into U.S. energy markets could mitigate the fallout at the pump from a possible oil embargo on Russia

The Independent UK

Revealed: Credit Suisse leak unmasks criminals, fraudsters and corrupt politicians

Massive leak reveals Swiss bank’s accounts have been used by an array of high-risk clients over several decades

The Guardian - UK

With help from Iran, Venezuela doubles oil production despite US sanctions

Venezuela has doubled its oil production in recent months thanks to Iran and other players that are helping it evade U.S. sanctions, but the country’s industry is now running near the top of its capacity and it is unlikely it could go much higher than current output levels, according to…

Miami Herald

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