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Venezuela
US charges Maduro, wife Flores with torture conspiracy
Federal prosecutors in Manhattan on Thursday unsealed a superseding indictment that charges ousted Venezuelan President Nicolás Maduro and his wife, Cilia Flores, with conspiracy to commit torture. The indictment accuses the couple of running a system of repression that went…
Rubio denies US is blocking Machado’s return to Venezuela
U.S. Secretary of State Marco Rubio on Wednesday rejected reports that Washington had asked foreign governments to keep Venezuelan opposition leader María Corina Machado from going home. "The premise of your question is not true. We've never asked anyone not…
Trump holds first meeting with US-backed Venezuelan leader at UN
President Donald Trump held his first face-to-face meeting with Venezuela's interim President Delcy Rodríguez at the United Nations General Assembly on Tuesday, a diplomatic encounter that took place just kilometers from the New York jail where ousted leader Nicolás Maduro…
TotalEnergies signs oil deal with Venezuela after 2022 exit
Venezuela Interim President Delcy Rodríguez on Saturday signed a memorandum of understanding with French oil and gas company TotalEnergies, according to Reuters, citing local media. No details about the agreement were immediately available.
Eni signs Venezuela oil deal to recover $2.3B debt
Italian energy company Eni signed an agreement with Venezuela's state oil company PDVSA on Wednesday to develop the Junin 5 heavy oil project in the Orinoco Belt, a move analysts say improves the company's chances of recovering more than $2.3…
Trump’s Venezuela oil deal draws backlash from US producers
President Donald Trump's sweeping oil accord with Venezuela, which he has called "the greatest deal ever made," is drawing sharp criticism from US oil executives who say the arrangement cuts them out of key commercial opportunities and creates a government-backed…
Venezuela bonds climb on Trump oil deal as $240B debt looms
Venezuela's defaulted sovereign and state-oil bonds climbed toward a four-month high this week as investors digested the Trump administration's sweeping oil agreement, but a murky debt picture — including billions owed to China — is tempering any euphoria about a…
China demands rights in Venezuela after U.S. firm takes over oilfields
A U.S.-backed oil company will assume control of Venezuelan oil fields previously operated by Chinese and Russian firms, in a move that reshapes the energy landscape in Latin America and deepens Washington's grip on one of the world's largest crude…
Chevron, ONGC near final energy deals in Venezuela
Chevron, India's ONGC Oil and Natural Gas Corporation, GE Vernova, Italy's Eni, and Colombia's GeoPark are on track to sign final energy agreements in Venezuela as early as this week, according to five sources close to the preparations cited by…
Venezuela oil deal draws fire from opposition and government allies alike
A sweeping oil agreement between the United States and Venezuela that would grant Washington majority control over 65 billion barrels of proven crude reserves has drawn fierce criticism from across Venezuela's political spectrum, uniting hardline government loyalists and opposition forces…
Trump says Venezuelan oil will refill US strategic reserve
President Donald Trump announced Sunday that the United States will use oil from its newly struck deal with Venezuela to replenish the nation's depleted Strategic Petroleum Reserve, calling it a "Gift from Venezuela to the People of the United States."
Trump says US secured control of 65B barrels of Venezuelan oil
President Donald Trump announced Friday evening that the United States has entered into what he called "the biggest oil deal in world history" with Venezuela, claiming majority U.S. control of more than 65 billion barrels of proven oil reserves through…
Chevron, Halliburton near deals to invest billions in Venezuela’s oil fields
Chevron and other U.S. energy companies are nearing deals to invest billions of dollars in Venezuela's oil fields, according to an exclusive report by The Wall Street Journal News Corp published Friday, as the Trump administration simultaneously pursues a separate…
Oil falls as US nears deal for stake in Venezuelan fields
Crude oil prices slipped on Friday as markets digested reports that the Trump administration is close to securing long-term access to a portion of Venezuela's vast crude reserves, a development that could reshape hemispheric energy flows and weaken OPEC's grip…
Venezuela weighs leaving OPEC as US oil ties deepen
Venezuela is closely examining plans to leave OPEC, the oil cartel it helped found more than 60 years ago, according to a Bloomberg report published Thursday. The potential departure would deliver a fresh blow to the organization and mark the…
Venezuela signs oil deals with SLB and Hunt Oil
Venezuela signed oil contracts with two U.S. companies on Tuesday in Houston, as the South American nation pushes to attract foreign investment and raise crude production amid surging global oil prices.
Venezuela’s UK-held gold to be placed under US Treasury control
Venezuela's government and opposition have reached an unusual agreement to jointly pursue the return of 31 tonnes of gold reserves worth an estimated $4 billion held in the Bank of England's underground vaults, with the funds earmarked for reconstruction after…
BP secures Venezuela offshore gas license with Gulf partners
BP has secured a license to explore and develop the second phase of Venezuela's offshore Loran gas field in partnership with Abu Dhabi's XRG and Qatar's UCC Oil and Gas Holding, marking the British energy company's return to the country…
Venezuela creditor group adds 15 funds ahead of record debt restructuring
A group of investors holding defaulted Venezuelan bonds is growing its ranks as the country edges toward what could become the largest sovereign debt restructuring on record, with total claims approaching $240 billion.
Venezuela earthquake death toll passes 5,100 as IMF funds flow to rebuilding
The death toll from the twin earthquakes that devastated Venezuela on June 24 has surpassed 5,000, as the country secured $346 million from the International Monetary Fund to fund reconstruction and faced mounting criticism over its military's initial response to…
Venezuela quake death toll hits 3,535 amid power struggle
The aftermath of Venezuela's devastating twin earthquakes has become a political battleground, with exiled opposition leader María Corina Machado pressing to return home while the Trump administration backs acting President Delcy Rodríguez and a bipartisan group of U.S. lawmakers calls…
Venezuela earthquake death toll reaches 3,535 as rescue teams withdraw
Twelve days after twin earthquakes devastated north-central Venezuela, the death toll has climbed to 3,535, with over 16,740 injured and roughly 17,000 left homeless, according to figures released Monday by the Venezuelan government. International rescue teams that had been combing…
Messi, Ronaldo offer support to Venezuela quake victims during World Cup
As Venezuela grapples with its worst earthquake disaster in over a century, two of football's biggest names have offered personal gestures of solidarity to the South American nation. Lionel Messi sent a public message of support to Venezuelans affected by…
Venezuela earthquake death toll rises to 2,954
The death toll from Venezuela's twin earthquakes has climbed to 2,954, according to official figures released Saturday by the Venezuelan information ministry, as rescue teams begin wrapping up search operations ten days after the disaster.
Venezuela’s Rodríguez defends quake response as mandate expires
Venezuela's acting President Delcy Rodríguez mounted a combative defense of her government's earthquake response on Thursday, dismissing widespread criticism as "narratives manufactured in propaganda laboratories" even as her 180-day mandate as interim leader expired on Friday with no clear plan…
Security guard pulled alive 8 days after Venezuela quakes
Rescue teams pulled 43-year-old security guard Hernán Alberto Gil Flores alive from the collapsed basement of a shopping center in La Guaira, Venezuela, early Thursday, eight days after twin earthquakes buried him under layers of concrete and steel. The extraction,…
Venezuela earthquake death toll rises to 2,295 one week after twin quakes
One week after back-to-back magnitude 7.2 and 7.5 earthquakes devastated northern Venezuela, the official death toll has risen to 2,295, with hopes of finding more survivors fading and the threat of hunger and disease growing among millions of displaced people.
Venezuelan bond rally fades as earthquakes darken debt outlook
Venezuelan sovereign bonds and debt issued by state oil company PDVSA are sliding as investors reckon with the financial fallout of the devastating June 24 earthquakes, which have compounded what was already shaping up to be the largest sovereign debt…
Venezuela accused of blocking aid, rescuers after quakes kill over 1,700
Five days after twin earthquakes devastated Venezuela's Caribbean coast, growing anger over what critics call a slow and politically motivated disaster response has overshadowed rescue operations, even as the death toll climbed past 1,700 and tens of thousands remain missing.
Google’s Android alert system warned Venezuela before twin earthquakes hit
Millions of Android smartphone users in Venezuela received early warning notifications seconds before two devastating earthquakes struck the country's northern coastline on Wednesday evening, providing critical moments to seek safety before buildings began to collapse.