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Venezuela's Maduro calls for new era of relations with U.S.

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CARACAS Venezuela's President Nicolas Maduro said on Tuesday he is hopeful for improved relations with the United States, a day after meeting U.S. Secretary of State John Kerry.

Venezuela PDVSA's profits down 63 percent in first quarter: bond prospectus

CARACAS Venezuela state oil company PDVSA's profits were down 63 percent in the first three months of 2016, compared to the same period last year, according to data published in the company's bond swap prospectus this week.

Sep 27 2016

Kerry meets Venezuela's Maduro amid vote tensions

CARTAGENA, Colombia U.S. Secretary of State John Kerry met Venezuelan President Nicolas Maduro on Monday, the first formal encounter between the two since Kerry became the top U.S. diplomat.

Sep 26 2016

Venezuela opposition calls October 12 protest to press Maduro recall

CARACAS Venezuela's opposition called on Monday for mass rallies nationwide on Oct. 12 to push for a referendum to recall President Nicolas Maduro this year as they seek to oust his Socialist Party in an early presidential election.

Sep 26 2016

Venezuela PDVSA sweetens bond swap terms after market skepticism

CARACAS Venezuelan state oil company PDVSA on Monday sweetened the terms of a bond swap proposal that had drawn market skepticism, offering more 2020 bonds in exchange for bonds maturing in 2017, part of an effort to improve the company's cash-flow situation.

Sep 26 2016

Venezuela PDVSA awards $138 million contract to tackle petcoke problem

CARACAS Venezuelan state oil company PDVSA said on Friday that Maroil Trading Inc has won a $138 million contract to remove a large pile of petroleum coke at the Jose solids terminal in the eastern state of Anzoategui.

Sep 23 2016

Venezuela opposition vows 2016 Maduro vote despite setback

CARACAS Foes of Venezuelan President Nicolas Maduro vowed on Thursday to push for a recall referendum against him this year, defying the country's election authority which said any vote to remove the unpopular socialist leader could not take place until early 2017.

Sep 22 2016

Airlines seek antitrust immunity to discuss Venezuela routes

BERLIN International airlines have requested anti-trust immunity from the United States to allow them to discuss routes to Venezuela, which is blocking ticket revenues from leaving the country, the International Air Transport Association said on Thursday.

Sep 22 2016

Venezuela election board sinks push for Maduro referendum in 2016

CARACAS Venezuela's national election board on Wednesday dashed opposition hopes of holding a referendum this year to remove unpopular socialist President Nicolas Maduro.

Sep 22 2016

Venezuela PDVSA awards $3.2 billion oil service contracts, protest brews

CARACAS/HOUSTON Venezuela's state oil company PDVSA said on Wednesday it has awarded $3.2 billion in contracts to drill wells in the Orinoco Belt, although sources close to the matter said some foreign partners had complaints the tender was rushed and there were structural problems that could hinder projects.

Sep 21 2016