Page 4 - Venezuela

Walk back to home: Venezuelans stream in from Colombia due to Covid-19

In recent years Colombia has welcomed 1.8 million Venezuelans fleeing their country's economic and political collapse

US offers $15 mn reward for arrest of Venezuelan President Maduro: Pompeo

Apart from $15 million reward for Maduro, US also announced a $10 million for information leading to the arrest of his associates in the drug trafficking case.

Rejected Venezuela returns to IMF seeking $1 bn in aid to fight coronavirus

Maduro ordered a nationwide quarantine starting Tuesday to slow the pace of infection

RIL, Nayara Energy plan to wind down Venezuelan oil buys in April

India accounted for about a third of Venezuela's oil shipments in January

Venezuela's Oppn leader attends SOTU speech, Trump vows to 'smash Maduro

Trump invited Venezuela's opposition leader Juan Guaido to watch his State of the Union address from the guests' gallery above

OPEC grapples with oil oversupply, negotiations over production cuts begin

The oil-producing nations will decide whether to stick with production cuts they've endured for the past three years, relax them or deepen them in the hopes of propping up prices

India's Nayara sending fuel to Rosneft in return for Venezuelan oil: Report

The United States in January prohibited US-dollar transactions for oil sales from Venezuela's PDVSA or its units

US sanctions Venezuela's foreign minister, top judge who is Maduro aide

Washington blames Maduro for the country's economic collapse and for undermining democracy

Unable to get dialysis, 15 patients die due to power blackout in Venezuela

Venezuelans since Thursday afternoon have been in the grips of the worst blackout in the history of the oil-producing country

Venezuela isn't just a failed state

Venezuelan leaders have treated state oil money as a slush fund for themselves and their cronies

US raises pressure on Maduro via sanctions, aid airlift to Venezuela

Maduro retains the backing of Russia and China and control of Venezuelan state institutions including the military

As sales to US get blocked, Venezuela looks to sell more oil to India

Venezuela has sent its oil minister, Manuel Quevedo, to India to convince refiners, including Reliance Industries Ltd and Nayara Energy Ltd, to double their oil purchases

Oil prices up 2% following US sanctions on Venezuelan oil company

Venezuela's exports have already fallen to little more than 1 million barrels per day (bpd) in 2018 from 1.6 million bpd in 2017, according to Refinitiv ship-tracking data and trade sources.

Venezuela proposes new oil contract terms to sidestep US sanctions

Washington said on Monday proceeds from PDVSA's sales to companies in the United States will be frozen until a new government can take control of the accounts

Venezuela devalues currency by 35% to align it with USD on black market

However, the black market rate for the dollar was 30 times the official rate, as the government artificially overvalued the bolivar

EU to 'take further actions' if Venezuela doesn't call new polls: Mogherini

Spain, France, Germany, Portugal and the United Kingdom on Saturday also gave Maduro an ultimatum of eight days to call new elections or they would recognise Guaido as president

Venezuela has two presidents: Guaido, Maduro duel for control of country

National Assembly speaker Juan Guaido says he is president, but so does Nicolas Maduro, the authoritarian leader who the reins of power.

Venezuela creditors demand payment on defaulted $1.5 bn bond: Lawyer

The investors hold bonds with a face value of around $380 million

French, Russian firms entangled in multi-million dollar fraud in Venezuela

The case stemmed from cash-strapped PDVSA's chronic delays in paying dividends to foreign firms

Venezuela is now world's 5th largest equity market; m-cap near $3 trn mark

Despite political instability, the country's benchmark has been the best performer in the world