Tag: PDVSA

Categories Latin America

Venezuela says natural gas plant explosion was ‘terrorist attack’ targeting sanctioned state-run energy company (VIDEOS)

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The Venezuelan petroleum minister said that Saturday’s powerful explosion and blaze at a gas plant was the result of a terrorist attack. The plant belongs to the state-run energy company (PDVSA), which was sanctioned by the US. … Read More >Venezuela says natural gas plant explosion was ‘terrorist attack’ targeting sanctioned state-run energy company (VIDEOS)

Categories Latin America

Two Former Execs of Venezuelan Oil Giant PDVSA Given Five-Year Prison Terms for Leaking Data to US

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Venezuela’s oil sector, the primary source of the country’s foreign exchange earnings, suffered major losses after Washington recognised opposition figure Juan Guaido as the country’s “interim president”, slapped crippling sanctions on the nation’s ability to export its black gold, and seized tens of billions in assets held abroad. … Read More >Two Former Execs of Venezuelan Oil Giant PDVSA Given Five-Year Prison Terms for Leaking Data to US