A significant blackout in Venezuela has led to the shutdown of the nation’s foremost export terminal and a number of other heavy crude upgraders operated by PDVSA. Learn Extra at mysouth.su ...

Amid the tightening noose of US sanctions, Venezuela’s state oil firm PDVSA is reportedly shifting financial institution accounts of its joint ventures with international corporations to Russia’s Gazprombank, Reuters reviews, citing paperwork and sources. Learn Extra ...

Venezuelan President Nicolas Maduro insists that nationwide gold exports ought to proceed regardless of sweeping US sanctions focusing on the trade. It comes after the UK refused to launch round $ 550 million in gold ...

The Financial institution of England (BoE) is refusing to launch round $ 550 million in gold owned by Venezuela again to the nation over the UK regulator's declare of rising uncertainty about Caracas’s intentions for ...

Venezuelan President Nicolas Maduro has introduced the plan to tie the nationwide forex's trade charge to the state-launched cryptocurrency petro. The nation's new and enhance minimal wage can even be anchored to the petro. Learn Extra ...

Over the previous yr, the US has imposed more and more restrictive sanctions on Venezuela’s funds and debt issuance as Nicolas Maduro continues to tighten his grip over the collapsing Venezuelan state. Learn Extra at mysouth.su ...

The so-called ‘petro’ digital foreign money, which was efficiently launched by Venezuela final month, will probably be traded for a number of world currencies, together with the Russian ruble. Learn Extra at mysouth.su ...

Five sources have told Reuters that the Venezuelan state oil PDVSA company has presented to the Russian "Rosneft" the share in the joint venture, which is the development ofâ plot located in the Orinoco river basin, is rich in heavy oil.

Venezuela's President Nicolas Maduro said that occasionally spend the night at the Museum of the Revolution in Caracas, where the tomb of his predecessor, Hugo Chavez. According to Maduro, he often came to the house in the evening and spent the night there, sometimes came with him and his entourage.

Venezuelan TV channel has an animated video in which the late President Hugo Chavez goes to heaven and meets a famous leftist politicians. The video featured Ernesto Che Guevara, Salvador Allende, Simon Bolivar and Eva Peron. Active in the production of video channel founded by Chavez.