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EXPLAINED: 2 | Vintage Vibes

What role could the US play in Venezuela’s ‘bust’ oil industry?

Experts say lifting production to former levels could take decades and huge investment will be needed

The Guardian - UK

Explainer: Why Chevron still operates in Venezuela despite US sanctions

Chevron’s continued presence in Venezuela looks like an anomaly amid intensifying US sanctions. In fact, the contradiction is rooted in selective enforcement to maintain leverage over Caracas, as well as decades of oil politics.

Euronews

US intercepts second merchant vessel off coast of Venezuela in international waters

Vessel does not appear to be on list of US-sanctioned vessels, which would represent escalation in blockade

The Guardian - US

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Venezuelan President Nicolas Maduro's Family Hit With US Sanctions Amid Corruption Crackdown

The US sanctions Nicolas Maduro's family members, escalating pressure on Venezuela's regime amid corruption and drug trafficking allegations.

International Business Times

US strikes on narcoboats kill five more in Pacific amid mounting Venezuela tensions

US forces killed five in narcoboat strikes Thursday, bringing the total deaths to 104 since September, following the US president's order to blockade sanctioned Venezuelan tankers in further escalation of tensions with Venezuela.

Euronews

Stephen Miller Echoes Trump on Venezuela, Calls Country's Oil Nationalization 'Largest Recorded Theft of American Wealth'

Stephen Miller, president Trump's White House Deputy Chief of Staff, endorsed the president's claims that Venezuela's oil nationalization constituted a massive theft from the United States.

Latin Times

Venezuelan oil giant PVDSA hit by cyberattack amid US conflict

The Venezuelan Oil Ministry has been hit by a cyberattack, which it believes was carried out by the US.

TechRadar

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U.S. Could Move Into Venezuelan Waters To Seize More Tankers, Report Claims

U.S. forces could go into Venezuelan waters to seize more oil tankers, according to a new report.

Latin Times

Venezuela's Oil Exports Plummet After U.S. Seizes Tanker Off Its Coast, Report Claims

Venezuela's oil exports have plummeted after the U.S. seized a tanker off the country's coast, according to a new report.

Latin Times

Rand Paul Slams 'People Around' Trump Are Influencing Him To Topple Venezuelan Regime: 'You Don't Know What You Get'

Republican Sen. Rand Paul again rejected the Trump administration's military pressure against the Venezuelan regime, saying the president has "people around him influencing him."

Latin Times

Venezuelan Regime Accuses U.S. Of Conducting Cyber Attack Against Its State-Run Oil Company: 'Trying To Affect National Stability'

The Maduro regime is accusing the U.S. of conducting a cyber attack against its state-run oil company, PDVSA, claiming its part of a broader plan to take the country's oil.

Latin Times

Dramatic moment US troops storm oil tanker as Venezuela accuses Trump administration of 'piracy'

‘We've just seized a tanker on the coast of Venezuela, large tanker, very large, largest one ever, actually, and other things are happening,’ says US President Donald Trump

Evening Standard

Trump says the US has seized an oil tanker off the coast of Venezuela

President Donald Trump says the United States has seized an oil tanker off the coast of Venezuela as tensions mount with the government of President Nicolás Maduro

The Independent UK

Maduro says the real reason for Trump’s Venezuela fixation is oil – is he right?

The South American country facing a huge US military buildup has almost a fifth of known global reserves

The Guardian - US

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International Business Times

What Next For Venezuela As Trump Goes After Oil Revenues?

President Donald Trump has revoked the licenses that allowed several transnational oil and gas companies to operate in Venezuela despite the country being under US sanctions.

Radio France Internationale

US revokes French oil company's licence in Venezuela

French oil company Maurel & Prom has had its licence to operate in Venezuela revoked by the United States as part of the its attempt to cripple Venezuela’s economy and put pressure on leader Nicolas Maduro.

Latin Times

U.S. Increases Reward For Venezuela's Maduro to $25 Million As It Condemns 'Repression and Illegitimate Claim to Power'

The news were announced after the Venezuelan strongman was sworn into office for a new term despite not presenting supporting documentation

Latin Times

Former Miami-Dade Congressman Charged For a Second Time For Not Registering As a Venezuelan Agent

David Rivera now stands accused of trying to lobby a Trump administration official to get a wealthy Venezuelan businessman off the federal government sanctions list

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Latin Times

Crisis Ridden Venezuela Rocked by Massive Explosion at Natural Gas Complex

Last month, an oil storage tank explosion in the country's biggest oil producing state left at least 18 people with minor injuries

Latin Times

U.S. Indicts Venezuelan Media Mogul for Alleged Laundering of $1.2B Tied to State Oil Funds

Raúl Gorrín allegedly stole from Venezuela's government to invest in Europe and the United States, including buying luxury real estate in South Florida

Top News

Venezuelan Opposition Urges U.S. To Cancel Chevron Licenses

Venezuela's opposition urges US to revoke Chevron's license to pressure Maduro for power transition. Ongoing political turmoil and international interests ...

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