JPMorgan extends Venezuela’s ‘watch period’ in benchmark bond index
NEW YORK/LONDON (Reuters) – JPMorgan has delayed a key decision on whether to lift the weighting of Venezuela’s bonds in its widely-followed EMBI index series by a month, with the next update…
Venezuela’s PDVSA authorizes first two oil cargoes to India after sanctions relief
By Marianna Parraga HOUSTON (Reuters) -Venezuelan state oil company PDVSA has assigned loading windows this month to two vessels bound for India under crude spot deals with Italy’s ENI and U.S.-based Chevron…
Venezuela’s Maduro pledges to permit oil, mines development in disputed territory
CARACAS/GEORGETOWN (Reuters) -Venezuelan President Nicolas Maduro said on Tuesday he would authorize oil exploration in an area subject to a dispute with Guyana, which said it would report his comments to the…
Guyana asks World Court to stop Venezuela’s referendum over disputed territory
THE HAGUE (Reuters) – Guyana on Tuesday asked the World Court to issue an emergency order for Venezuela to stop a Dec. 3 referendum over its rights to a potentially oil-rich territory…
Venezuela’s Maduro to attend October migration summit in Mexico
MEXICO CITY (Reuters) – Venezuelan president Nicolas Maduro will attend next Sunday’s meeting in southern Mexico where regional leaders will discuss rising U.S.-bound migration in Latin America, Mexico’s foreign ministry announced in…
Venezuela’s gold reserves fall nearly 12% in six months
CARACAS (Reuters) – Venezuela’s gold reserves fell by eight metric tons in the year’s first half, central bank data showed on Friday, continuing a years-long reduction in the reserves amid a prolonged…
Venezuela’s bolivar weakens against the U.S. dollar as inflation rages
CARACAS (Reuters) – The Venezuelan bolivar weakened to 30 units per dollar, the central bank said on Thursday, marking the latest descent for the beleaguered local currency as the economy suffers one…
Spanish court orders immediate extradition of Venezuela’s ex-spymaster to U.S
MADRID (Reuters) – Spain’s High Court on Tuesday ordered that global police agency Interpol immediately extradite a former director of Venezuelan military intelligence to the United States, where he is wanted on…
Venezuela’s opposition asked to back suspending statute of limitations on bond repayments
CARACAS (Reuters) – Venezeula’s political opposition – recognized by the U.S. as the country’s legitimate government – was asked by a key creditor group on Monday to back the suspension of a…
Venezuela’s Maduro to replace oil minister, police arrest officials in corruption sweep
By Vivian Sequera and Deisy Buitrago CARACAS (Reuters) -Venezuela’s President Nicolas Maduro on Monday accepted the resignation of the country’s powerful oil minister following the detention of at least six high level…
Venezuela’s Maduro complains about U.S. cash-less authorizations
By Vivian Sequera CARACAS (Reuters) – Venezuela’s President Nicolas Maduro on Thursday lashed out at U.S. licenses barring companies doing business with sanctioned Venezuelan state firms from paying cash to his administration.…
Venezuela’s National Assembly approves first reading of bill to regulate NGOs
CARACAS (Reuters) – Venezuela’s National Assembly on Tuesday passed a first reading of a bill to regulate and inspect non-governmental organizations (NGOs) in the South American country, which has caused uproar among…
Venezuela’s inflation slows to 234% in 2022, vice president says
CARACAS (Reuters) – Inflation in Venezuela hit 234% in 2022, Vice President Delcy Rodriguez said on Monday, representing a slowdown from the previous year, as the South American country struggles with a…
Venezuela’s bolivar depreciates to 20 per dollar as prices rise
CARACAS (Reuters) – Venezuela’s down-at-the-heel bolivar currency fell to 20 per dollar, according to official data for Wednesday, complicating attempts by the government of President Nicolas Maduro to control inflation. The bolivar…
Washington coy on Venezuela’s Guaido, still recognizes 2015 National Assembly
WASHINGTON (Reuters) -The United States still recognizes Venezuela’s 2015 National Assembly after a recent shakeup and will keep coordinating with its former leader Juan Guaido “and other like-minded individuals,” the White House…
Venezuela’s lack of dredging causes trouble for Chevron’s heavy oil exports
By Mircely Guanipa and Marianna Parraga HOUSTON/MARACAY, Venezuela (Reuters) – A shipping channel snafu is slowing Chevron Corp’s efforts to load tankers at one of its four Venezuelan joint ventures and bring…
Analysis-Citgo may face new upheaval under Venezuela’s political changes
By Marianna Parraga HOUSTON (Reuters) – Oil refiner Citgo Petroleum could face supervisory board shakeups leading to a review of its plans following Friday’s vote by Venezuela’s opposition-led National Assembly to dissolve…
U.S. court hears testimony on diplomatic status of ally of Venezuela’s Maduro
By Brian Ellsworth MIAMI (Reuters) – A U.S. court on Monday began hearing testimony from Venezuelan officials on the diplomatic status of Alex Saab, an ally of President Nicolas Maduro who is…
Colombia could be open to buying Venezuela’s Monomeros -Finance Minister
BOGOTA (Reuters) – Colombia could be open to buying Venezuelan fertilizer maker Monomeros, Finance Minister Jose Antonio Ocampo said on Wednesday, at a time when higher fertilizer prices have contributed to inflationary…
Venezuela’s anti-inflation efforts dealt blow as currency tumbles
CARACAS (Reuters) – Venezuela’s effort to curb high inflation by stabilizing exchange rates is becoming less effective as the local bolivar currency slips in value against the dollar, analysts said on Wednesday.…
Venezuela’s PDVSA controls fire at small refinery, restarts other plants from outage
(Reuters) – A fire caused by a thunderstorm at Venezuela’s smallest refinery has been brought under control, a Venezuelan minister said, as the country’s largest refining facilities restart following a power outage…
Venezuela’s oil partners head for the exit, forgoing unpaid debt
By Mariela Nava, Marianna Parraga and Deisy Buitrago CABIMAS, Venezuela (Reuters) – Venezuela is allowing partners in state oil company PDVSA’s joint ventures to leave – by selling their shares to others…
Venezuela’s Maduro not ruling out early elections – presidency
CARACAS (Reuters) – Venezuela’s President Nicolas Maduro is not ruling out bringing forward the country’s 2024 presidential election, his office said on Friday in a message published on Twitter. The tweet came…
Venezuela’s oil exports in Sept boosted by sales to China, swaps with Iran
By Marianna Parraga and Mircely Guanipa HOUSTON (Reuters) – More shipments to Asia through intermediaries and growing cargo swaps with Iran drove Venezuela’s oil exports in September to their third highest level…
Exclusive-Maroil takes over most of Venezuela’s petroleum coke trading
By Marianna Parraga and Sudarshan Varadhan HOUSTON/CHENNAI, India (Reuters) – Maroil Trading, owned by shipping tycoon Wilmer Ruperti, has taken over sales of almost all Venezuela’s exports of petroleum coke, a move…
Venezuela’s economy grew 17% in Q1, says central bank president
CARACAS (Reuters) – Venezuela’s economy grew 17.04% year-on-year in the first quarter of 2022, the country’s central bank president said on Tuesday. “This is the highest growth in the Latin American region,”…
Breaking News
