Tag: PDVSA

• Tuesday, March 21st 2023 - 10:10 UTC

  Venezuelan oil minister resigns amid corruption scandal

  

  Venezuelan Oil Minister Tareck El Aissami Monday resigned his post on Monday after the opening of a corruption investigation involving the state-owned oil company Petróleos de Venezuela (PDVSA) in which two officials have already been arrested. El Aissami, a powerful ally of President Nicolás Maduro, has been singled out by the United States as an alleged drug lord.

• Monday, May 9th 2022 - 19:28 UTC

  OPEC Chief visits Venezuela to bolster bilateral ties

  

  OPEC Secretary-General Mohammed Barkindo has visited Venezuela to strengthen bilateral ties between the rich oil-producing South American country, which is one of the 13 countries that make up the Organization of Petroleum Exporting Countries (OPEC).

• Tuesday, May 3rd 2022 - 20:18 UTC

  Paraguay turns down Venezuelan oil – climate change “an absurdity”

  

  Paraguay is making a statement as its stances on certain issues are being raised above circumstantial conditions that would advise against holding on no matter what to one's convictions.

• Monday, May 2nd 2022 - 19:53 UTC

  Iranian Petroleum Minister visits Venezuela to deepen bilateral ties

  

  Petroleos de Venezuela SA (PDVSA) CEO Asdrúbal Chávez has met in Caracas with Iran's Petroleum Minister Javad Owji to sign bilateral agreements between two countries heavily damaged by US-imposed sanctions.

• Wednesday, January 12th 2022 - 20:54 UTC

  Venezuela resumes crude exports after nine months

  

  Venezuela's state-run PDVSA will begin exporting diluted crude oil (DCO) this week after a nine-month stoppage, it was reported in Caracas. The last time PDVSA shipped diluted crude to Asia was in April last year.

• Wednesday, November 24th 2021 - 09:06 UTC

  Several Swiss banks “reprimanded” for breaching laundering rules with Venezuelan clients

  

  Several Swiss banks have been reprimanded for breaching laundering rules involving people linked to Venezuela's state oil company PDVSA, and have been ordered to terminate all business links with Venezuelan clients as well as with risky clients.

• Thursday, November 4th 2021 - 09:40 UTC

  Venezuelan aircraft banned in the US carries Evo Morales to Buenos Aires

  

  Former Bolivian President Evo Morales landed in Buenos Aires aboard a Venezuela-registered aircraft blacklisted by the United States Treasury Department.

• Friday, May 21st 2021 - 08:43 UTC

  Former Uruguayan VP gets suspended jail sentence

  

  Former Uruguayan Vicepresident Raúl Sendic Rodríguez was handed down an 18-month suspended jail sentence Thursday for abuse of office and embezzlement.

• Thursday, January 7th 2021 - 09:55 UTC

  Credit Suisse cuts relations with wealthy Venezuelan families

  

  Fearing of doing business with politically-exposed clients in a sanctions-hit country, Credit Suisse Group AG has cut relationships with a number of Venezuela’s wealthy.

• Friday, November 27th 2020 - 09:42 UTC

  Venezuela resumes direct shipments of oil to China despite US sanctions

  

  Venezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a year, according to Refinitiv Eikon vessel-tracking data and internal documents from state company Petroleos de Venezuela (PDVSA).