FORGOTTEN HISTORY: 4 | History Defined

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

Texas billionaire announces deal with Venezuelan state-run company after U.S. sanctions reimposed

LNG Energy Group was awarded contracts to rehabilitate five aging oil fields

Latin Times · Apr 25, 2024

Tether to freeze accounts following reports of Venezuelan oil company using USDT to evade sanctions

Nicolás Maduro failed in his attempt to have his own cryptocurrency to "overcome the financial blockade"

Latin Times · Apr 25, 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

Chevron, Exxon Responses Diverge Amid Venezuela-Guyana Border Buildup

ExxonMobil and Chevron are both waiting to see what happens next for Guyana, as a dizzying set of competing incentives come into play.

International Business Times · Dec 7, 2023

Guyana's president says it is preparing for a possible incursion by Venezuela into disputed area

Guyana's president tells The Associated Press his country is taking every necessary step to protect itself from a potential incursion by Venezuela, which has ordered its state-owned companies to explore and exploit oil and minerals in Guyana’s vast Essequibo region that it considers its own

The Independent UK · Dec 6, 2023