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Breaking News:

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OPEC Threatens To Kill U.S. Shale

OPEC Threatens To Kill U.S. Shale

OPEC is ready to produce…

Geopolitics / South America

Russian Troops Land In Oil-Rich Venezuela

Russian Troops Land In Oil-Rich Venezuela

Mar 25, 2019 at 10:24 | Irina Slav

Two Russian planes with 100 troops landed in Venezuela this weekend, Reuters reports, citing media reports and flight tracking websites. The move is the latest signal of strengthening ties…

Blackout Shuts Down Venezuela’s Oil Exports

Blackout Shuts Down Venezuela’s Oil Exports

Mar 11, 2019 at 16:39 | Nick Cunningham

Venezuela suffered a sweeping blackout last week, which threatens to cut off oil exports from the country. U.S. sanctions have already severely impacted oil operations, leaving cargoes stranded off the…

Russia To Defend Its Venezuela Oil Assets In ‘Toughest Way Possible’

Russia To Defend Its Venezuela Oil Assets In ‘Toughest Way Possible’

Mar 06, 2019 at 12:41 | Tsvetana Paraskova

Nicolas Maduro’s staunchest international ally—Russia—reaffirmed last week its full support to the Socialist leader’s regime and his efforts to prevent what Moscow sees as interference in Venezuela’s domestic affairs. At…

Washington Tightens Grip On Venezuela With New Sanctions

Washington Tightens Grip On Venezuela With New Sanctions

Feb 26, 2019 at 13:33 | Irina Slav

The United States announced new sanctions against Venezuelan government officials this week as the situation in the country that’s home to the world’s largest oil reserves continues to escalate. The…

Venezuelan Opposition Could Soon Take Over Citgo

Venezuelan Opposition Could Soon Take Over Citgo

Feb 12, 2019 at 14:11 | Irina Slav

The Venezuelan opposition led by Juan Guaido could soon become the owner of PDVSA’s U.S. refining business, Citgo, in what would only deepen the chaos surrounding the country’s state oil…

Russia Begins To Fear Maduro May Lose

Russia Begins To Fear Maduro May Lose

Feb 07, 2019 at 16:14 | Tsvetana Paraskova

Russia—one of the key supporters of Nicolas Maduro in the Venezuelan crisis—has stood by the Venezuelan leader for years and has poured billions of U.S. dollars in the Latin American…

Venezuelan Opposition To Fund Regime Change With U.S. Oil Money

Venezuelan Opposition To Fund Regime Change With U.S. Oil Money

Feb 07, 2019 at 09:31 | Irina Slav

Venezuela’s opposition will use oil export proceeds collected in a U.S.-based fund to finance its attempts to overthrow the government of Nicolas Maduro, Reuters reports, citing Carlos Paparoni, a…

Venezuela Crisis Deepens As The World Take Sides

Venezuela Crisis Deepens As The World Take Sides

Jan 25, 2019 at 13:37 | Tsvetana Paraskova

The political standoff in Venezuela continues as the world watches with apprehension and countries begin to take sides, backing one of the two leaders claiming to be president of the…

Chaos Erupts In Venezuela As Trump Backs New President

Chaos Erupts In Venezuela As Trump Backs New President

Jan 23, 2019 at 17:06 | Nick Cunningham

The Venezuelan opposition staged massive protests in dozens of cities across the country on Wednesday, putting President Nicolas Maduro in jeopardy. Importantly, the protests came with the blessing of the…

Maduro Clings To Power As Venezuela’s Oil Collapse Continues

Maduro Clings To Power As Venezuela’s Oil Collapse Continues

Jan 10, 2019 at 16:38 | Nick Cunningham

Venezuelan President Nicolas Maduro was inaugurated for a second term on Thursday, despite presiding over an economic meltdown of historic proportions and his status as an international pariah. A coalition…

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