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United States

Venezuela

U.S. Treasury says governments to cooperate on Venezuelan assets

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WASHINGTON U.S. Treasury Secretary Steven Mnuchin said on Thursday that North and South American and European governments agreed to boost cooperation and share information to deny "corrupt" Venezuelan officials and support networks access to the international financial system.

Oil major Total's CEO says will not give up on Venezuela

PARIS The head of Total said on Thursday that the French oil major would not give up on Venezuela as the OPEC nation grapples with major social and economic unrest.

10:48am EDT

EU says may impose more sanctions on Venezuela if democracy undermined

BRUSSELS The European Union said on Thursday it could impose further sanctions on Venezuela if it believes democracy is being undermined there, after its president called for elections next month that the main opposition has said it will boycott.

5:35am EDT

Venezuela and Spain agree to restore ambassadors after spat

CARACAS Venezuela and Spain said on Wednesday they would normalize relations and restore ambassadors after a spat in January that followed European Union sanctions against the South American nation.

Apr 18 2018

Venezuela arrests two Chevron executives amid oil purge

CARACAS/HOUSTON Chevron Corp said on Tuesday two of its executives were arrested in Venezuela, a rare move likely to spook foreign energy firms still operating in the OPEC nation stricken by hyperinflation, shortages and crime.

Apr 18 2018

Venezuela bondholders inch toward $50 billion debt default showdown

LONDON/CARACAS Investors holding billions of dollars in defaulted Venezuelan bonds have formed at least one bondholder committee that is seeking a financial adviser, according to several sources familiar with the matter, in a sign they may be gearing up for a legal dispute.

Apr 18 2018

Under military rule, Venezuela oil workers quit in a stampede

CARACAS Chauffeured around in a sleek black pick-up, the head of Venezuela's oil industry, Major General Manuel Quevedo, last month toured a joint venture with U.S. major Chevron.

Apr 17 2018

Venezuela empowers oil minister Quevedo to reform energy sector

CARACAS President Nicolas Maduro has decreed extra powers to his oil czar Manuel Quevedo to try and halt sliding crude output in crisis-hit Venezuela, which has sunk to its lowest level since the 1950s.

Apr 14 2018

Brazil state seeks to shut Venezuelan border to stop refugee flow

BRASILIA Leaders of Brazil's northern state of Roraima on Friday asked the Supreme Court for permission to temporarily close the only land border crossing with neighboring Venezuela to halt the massive and disorderly arrival of refugees.

Apr 13 2018

U.S. VP Pence to meet with Venezuelan opposition leaders in Lima: White House

WASHINGTON U.S. Vice President Mike Pence will meet with Venezuelan opposition leaders in Lima, Peru on Friday, White House officials said, part of a U.S. push to galvanize regional pressure against Venezuelan President Nicolas Maduro.

Apr 12 2018