Venezuelan opposition calls on US to cancel oil company licenses to pressure Maduro
3 months, 1 week ago

Venezuelan opposition calls on US to cancel oil company licenses to pressure Maduro

Associated Press  

MEXICO CITY — Venezuela’s main opposition coalition on Monday called on the U.S. to cancel the licenses that allow Chevron and other energy companies to operate in the South American country to pressure President Nicolás Maduro to negotiate a transition from power. It’s about the situation that is impoverishing the country so badly that practically the whole population wants this regime gone.” California-based Chevron is the largest company to have received an individual permission from the administration of U.S. President Joe Biden to do business with Venezuela’s state-owned oil company Petróleos de Venezuela S.A., better known as PDVSA. Venezuela’s electoral authorities declared Maduro the victor hours after polls closed on July 28 but unlike previous presidential elections they never released detailed vote tallies to back up their claim, arguing that the National Electoral Council’s website was hacked. After the disputed election, legislation was introduced in the U.S. Congress to prohibit American investments in Venezuela’s oil sector and to impose visa restrictions on current and former Maduro government officials.

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History of this topic

Venezuela targets opposition with bill that codifies economic sanctions as crimes against humanity
Trending News
3 weeks, 3 days ago

Venezuela targets opposition with bill that codifies economic sanctions as crimes against humanity

Associated Press  

CARACAS, Venezuela — Venezuelan lawmakers on Thursday approved a bill that codifies economic sanctions, like those imposed by the United States, as crimes against humanity and allows the prosecution of anyone who expresses support for the measures. The bill, approved by the unicameral National Assembly, implicitly targets leading opposition leaders, many of whom have supported economic sanctions as a means …

Opinion: What President Biden can do to free Venezuela of Nicolás Maduro’s illegitimate regime
3 months, 3 weeks ago

Opinion: What President Biden can do to free Venezuela of Nicolás Maduro’s illegitimate regime

LA Times  

With flags and voting receipts in hand, thousands of Venezuelans have taken to the streets in Caracas and worldwide to protest Nicolás Maduro’s refusal to recognize his overwhelming defeat in the presidential election a month ago. After talks with the United States in Qatar last year, Maduro’s government promised to allow free and fair elections. “Maduro spreads them between his …

Venezuela under Maduro — authoritarianism and economic chaos | Data
4 months, 1 week ago

Venezuela under Maduro — authoritarianism and economic chaos | Data

The Hindu  

On July 28, Venezuela’s President Nicolas Maduro returned to power after a controversial election, whose results have been disputed by the Opposition and several countries. Chart 1 shows how Venezuela’s GDP started declining since Mr. Maduro’s ascent to power in 2013. As Chart 4 shows, Venezuela’s petroleum exports formed about 80% of the country’s exports and remained in the range, …

Venezuelan Opposition Says It Can Prove Candidate Defeated Maduro In Disputed Election
4 months, 3 weeks ago

Venezuelan Opposition Says It Can Prove Candidate Defeated Maduro In Disputed Election

Huff Post  

Venezuelan President Nicolas Maduro displays the document after being proclaimed winner of Sunday's presidential election, at the headquarters of the National Electoral Council in Caracas on July 29, 2024, a day after the general vote. FEDERICO PARRA via Getty Images CARACAS, Venezuela — As thousands of people demonstrated across Venezuela, opposition candidate Edmundo González announced Monday that his campaign has …

Election campaign closes in Venezuela even as Maduro warns of a 'bloodbath' if he loses
4 months, 3 weeks ago

Election campaign closes in Venezuela even as Maduro warns of a 'bloodbath' if he loses

The Hindu  

Uncertainty hangs over presidential elections in Venezuela on July 28, with incumbent Nicolas Maduro vowing a "bloodbath" if he loses, which polls say is likely. Mr. Maduro said July 25 that he, and he alone, can "guarantee peace and stability" for Venezuela, having warned recently of a "bloodbath" if he loses to an opposition he has sought to paint as …

As Maduro faces Gonzalez in Venezuela, sanctions remain a key hurdle
4 months, 3 weeks ago

As Maduro faces Gonzalez in Venezuela, sanctions remain a key hurdle

Al Jazeera  

In his tenure Maduro has seen an economic meltdown as GDP contracted 70 percent and 7.7 million Venezuelans fled in search of work. But even if Gonzalez wins,” Rodrigo acknowledged, “I’m not sure he can transform the country like Chavez did.” During his tenure, Chavez successfully used high oil prices – the lifeblood of Venezuela’s economy – to double Venezuela’s …

Reliance Industries gets US approval to continue crude oil import from Venezuela amid sanctions
4 months, 4 weeks ago

Reliance Industries gets US approval to continue crude oil import from Venezuela amid sanctions

Op India  

In a significant development, Reliance Industries Ltd., India’s largest privately held oil refiner, has obtained US approval to resume importing oil from Venezuela amid White House sanctions against the country. Notably, when President Nicolas Maduro and the opposition inked a deal to ensure free and fair elections last year, the United States temporarily lifted sanctions on the South American country’s …

What to know about Venezuela’s election as Maduro faces the toughest race of his decade in power
5 months, 2 weeks ago

What to know about Venezuela’s election as Maduro faces the toughest race of his decade in power

Associated Press  

CARACAS, Venezuela — Venezuela’s self-described socialist government is facing a serious electoral challenge in a presidential election for the first time in decades. His government banned Venezuela’s most popular opposition parties and politicians from participating, and in turn, the opposition urged voters to boycott the election. A more free and fair presidential election seemed like a possibility last year, when …

Venezuela’s opposition coalition welcomes President Maduro’s plan to jumpstart dialogue with the US
5 months, 3 weeks ago

Venezuela’s opposition coalition welcomes President Maduro’s plan to jumpstart dialogue with the US

Associated Press  

CARACAS, Venezuela — Venezuela’s main opposition coalition on Tuesday welcomed President Nicolas Maduro’s announcement the day before about his intentions to jumpstart negotiations with the United States this week. Maduro has held parallel talks with the Biden administration and the opposition coalition for about two years, seeking to rid Venezuela of economic sanctions that cut off the oil-dependent country from …

Venezuela denounces, rejects US seizure of Citgo oil firm
6 months ago

Venezuela denounces, rejects US seizure of Citgo oil firm

China Daily  

Xinhua | Updated: 2024-06-18 09:50 CARACAS -- The Venezuelan government on Monday expressed its strong condemnation of the US authorities' process of "seizure of Citgo Petroleum Corporation." The government of Venezuela and PDVSA were excluded from the judicial sale of Citgo and were prevented from defending their rights before US courts," said the Venezuelan government in a statement. It added …

Venezuela’s main opposition bloc agrees on candidate to challenge Maduro in presidential election
8 months ago

Venezuela’s main opposition bloc agrees on candidate to challenge Maduro in presidential election

Associated Press  

CARACAS, Venezuela — Venezuela’s main opposition coalition agreed Friday to unite behind former diplomat Edmundo González as its challenger to President Nicolás Maduro in this summer’s election, acting one day before the deadline to formalize its candidate. Maduro’s administration has cracked down on the opposition before the July 28 presidential election despite promises to pave the way to fair elections …

US reimposes oil sanctions against Venezuela over election concerns
8 months ago

US reimposes oil sanctions against Venezuela over election concerns

Al Jazeera  

Move in US election year could push up oil prices, but Washington says Maduro has not made promised electoral reforms. “ Nicolas Maduro and his representatives have not fully met the commitments made under the electoral roadmap agreement,” said US Department of State spokesperson Matthew Miller. “Therefore, General License 44 – which authorised transactions related to the oil and gas …

US reimposes oil sanctions on Venezuela as hopes for a fair presidential election fades
8 months ago

US reimposes oil sanctions on Venezuela as hopes for a fair presidential election fades

Associated Press  

MIAMI — The Biden administration on Wednesday reimposed crushing oil sanctions on Venezuela, admonishing President Nicolás Maduro’s attempts to consolidate his rule just six months after the U.S. eased restrictions in a bid to support now fading hopes for a democratic opening in the OPEC nation. “There’s no sanction, no threat, that today can damage our efforts to build a …

US considering more measures against Venezuelan President Maduro after pulling some sanctions relief
10 months, 3 weeks ago

US considering more measures against Venezuelan President Maduro after pulling some sanctions relief

Associated Press  

WASHINGTON — The U.S. is considering additional measures against Venezuelan President Nicolás Maduro ’s government after the South American country’s highest court blocked the presidential candidacy of an opposition leader. This comes after the U.S. government on Monday pulled back part of the sanctions relief it granted Venezuela last year, following through on its threat to do so after Maduro …

Venezuela: US moves to reimpose sanctions over Maria Corina Machado ban from presidential election
10 months, 3 weeks ago

Venezuela: US moves to reimpose sanctions over Maria Corina Machado ban from presidential election

CNN  

CNN — The US has reimposed economic sanctions against a Venezuelan state-owned mining company and says it could go on to reimpose further sanctions on the country’s oil and gas sector after Venezuela’s Supreme Court barred main opposition candidate Maria Corina Machado from running for president last week. While US economic sanctions against the mining company are unlikely to cause …

Tensions are soaring between Guyana and Venezuela over a territorial dispute. Here’s what to know
1 year ago

Tensions are soaring between Guyana and Venezuela over a territorial dispute. Here’s what to know

Associated Press  

CARACAS, Venezuela — A century-old territorial dispute deepened by the discovery of oil is boiling over between neighbors Guyana and Venezuela. Venezuelan lawmaker Diosdado Cabello holds the new map of Venezuela with the Essequibo territory, a large swath of land that is administered and controlled by Guyana but claimed by Venezuela, during a session at the National Assembly in Caracas, …

Maduro orders the 'immediate' exploitation of oil, gas and mines in Guyana's Essequibo
1 year ago

Maduro orders the 'immediate' exploitation of oil, gas and mines in Guyana's Essequibo

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Venezuelan President Nicolás Maduro on …

Maduro orders the ‘immediate’ exploitation of oil, gas and mines in Guyana’s Essequibo
1 year ago

Maduro orders the ‘immediate’ exploitation of oil, gas and mines in Guyana’s Essequibo

Associated Press  

CARACAS, Venezuela — Venezuelan President Nicolás Maduro on Tuesday directed the country’s state-owned companies to “immediately” begin to explore and exploit the oil, gas and mines in Guyana’s Essequibo region, a territory larger than Greece and rich in oil and minerals that Venezuela claims as its own. Maduro said he would “immediately” proceed “to grant operating licenses for the exploration …

Venezuela raises the stakes over disputed Guyana territory
1 year ago

Venezuela raises the stakes over disputed Guyana territory

Al Jazeera  

Conflict over oil-rich territory escalates as Venezuela prepares to declare it a province and orders exploration effort. Venezuela’s President Nicolas Maduro on Tuesday called for a bill to create a “Guyana Esequiba” province and ordered Venezuelan companies to prepare to enter the territory to explore for fossil fuels and minerals “immediately”. However, Maduro proposed at Tuesday’s government meeting that a …

U.S. to ease Venezuela oil, gas sanctions after election deal
1 year, 2 months ago

U.S. to ease Venezuela oil, gas sanctions after election deal

The Hindu  

The United States will ease some oil and gas sanctions against Venezuela after the South American country's government and opposition agreed to hold elections next year. In response to those "democratic developments," the U.S. Treasury Department "has issued General Licenses authorizing transactions involving Venezuela's oil and gas sector and gold sector," and is "removing the ban on secondary trading" in …

US eases oil, gas and gold sanctions on Venezuela after electoral roadmap signed
1 year, 2 months ago

US eases oil, gas and gold sanctions on Venezuela after electoral roadmap signed

Associated Press  

WASHINGTON — In response to Venezuela’s government and a faction of its opposition formally agreeing to work together to reach a series of basic conditions for the next presidential election, the U.S. agreed Wednesday to temporarily suspend some sanctions on the country’s oil, gas and gold sectors. The U.S. Treasury issued a six-month general license that would temporarily authorize transactions …

Venezuela’s government and US-backed faction of the opposition agree to work on electoral conditions
1 year, 2 months ago

Venezuela’s government and US-backed faction of the opposition agree to work on electoral conditions

Associated Press  

CARACAS, Venezuela — Venezuela’s government and a faction of the opposition formally agreed Tuesday to work together to reach a series of basic conditions for the next presidential election, including scheduling the contest for the second half of 2024. The government’s representatives and the opposition’s delegates also agreed to “promote” with electoral authorities various measures to update the country’s voting …

Venezuela’s gov, opponents resume talks; US eases sanction
2 years ago

Venezuela’s gov, opponents resume talks; US eases sanction

Associated Press  

MEXICO CITY — Venezuela’s government and its opposition on Saturday agreed to create a U.N.-managed fund to finance health, food and education programs for the poor, while the Biden administration eased some oil sanctions on the country in an effort to boost the newly restarted talks between the sides. Venezuelan resources held in the international financial system will be directed …

Biden eases Venezuela sanctions as opposition talks resume
2 years ago

Biden eases Venezuela sanctions as opposition talks resume

Associated Press  

WASHINGTON — The Biden administration on Saturday eased some oil sanctions on Venezuela in an effort to support newly restarted negotiations between President Nicolás Maduro’s government and its opposition. The Treasury Department is allowing Chevron to resume “limited” energy production in Venezuela after years of sanctions that have dramatically curtailed oil and gas profits that have flowed to Maduro’s government. …

US eases Venezuela oil sanctions after gov’t, opposition ink deal
2 years ago

US eases Venezuela oil sanctions after gov’t, opposition ink deal

Al Jazeera  

The easing of sanctions comes after the Venezuelan government and the opposition signed an accord to set up a UN-mandated fund. The Biden administration on Saturday eased some oil sanctions on Venezuela after the government of Nicolas Maduro and the opposition signed a broad ‘social accord’ to create a UN-administered fund to provide humanitarian aid to the Venezuelan people. The …

Venezuelan government, opposition to resume political talks
2 years ago

Venezuelan government, opposition to resume political talks

Al Jazeera  

Discussions in Mexico on Saturday to touch on humanitarian aid, US authorisation for Chevron to operate in Venezuela. Venezuela’s government and opposition will resume political talks on Saturday, Norway’s foreign ministry has confirmed, as negotiations aimed at finding a way out of the country’s complex crisis were stalled for more than a year. “We are convinced that this social agreement …

The U.S. is trying to mend ties with Venezuela. One big reason? Oil
2 years, 1 month ago

The U.S. is trying to mend ties with Venezuela. One big reason? Oil

NPR  

The U.S. is trying to mend ties with Venezuela. In response to a crackdown on democracy by Venezuela's authoritarian leader Nicolás Maduro, Washington in 2019 placed sanctions on the country's vital oil sector. Over Thanksgiving weekend, the U.S. Treasury announced it would authorize U.S.-based Chevron to resume limited oil operations in Venezuela after the Maduro regime and the political opposition …

US could ease Venezuela sanctions, allow Chevron to pump oil: WSJ
2 years, 2 months ago

US could ease Venezuela sanctions, allow Chevron to pump oil: WSJ

Al Jazeera  

Biden administration preparing to ease sanctions if Caracas takes steps towards restoring democracy, report says. The United States is considering loosening sanctions on Venezuela so Chevron Corp can pump oil in the country if Caracas takes steps towards restoring democracy, the Wall Street Journal has reported. Under the proposed deal, the Biden administration would ease some sanctions in exchange for …

US officials back in Venezuela in a bid to rebuild ties
2 years, 5 months ago

US officials back in Venezuela in a bid to rebuild ties

Associated Press  

CARACAS, Venezuela — Senior U.S. government officials have quietly traveled to Caracas in the latest bid to bring home detained Americans and rebuild relations with the South American oil giant as the war in Ukraine drags on, forcing the U.S. to recalibrate other foreign policy objectives. President Nicolás Maduro confirmed the visit during televised remarks, saying the delegation would meet …

Biden renews sanctions license for Chevron in Venezuela
2 years, 6 months ago

Biden renews sanctions license for Chevron in Venezuela

Associated Press  

MIAMI — The Biden administration has renewed a license partially exempting Chevron from sanctions on Venezuela so it can keep operating in the oil-rich, socialist-run nation. The license issued Friday by the U.S. Treasury Department allows the California-based Chevron and other U.S. companies to perform only basic upkeep of wells it operates jointly with state-run oil giant PDVSA, dashing the …

US to ease a few economic sanctions against Venezuela
2 years, 7 months ago

US to ease a few economic sanctions against Venezuela

Associated Press  

CARACAS, Venezuela — The United States government is moving to ease a few economic sanctions on Venezuela in a gesture meant to encourage resumed negotiations between the U.S.-backed opposition and the government of President Nicolás Maduro. Maduro himself is under indictment in the United States, accused of conspiring “to flood the United States with cocaine” and use the drug trade …

US moves to ease a few economic sanctions on Venezuela
2 years, 7 months ago

US moves to ease a few economic sanctions on Venezuela

Al Jazeera  

The limited changes will allow Chevron Corp to negotiate its licence with the state-owned oil company, Petroleos de Venezuela. The United States government is moving to ease a few economic sanctions on Venezuela in a gesture meant to encourage resumed negotiations between the US-backed opposition and the government of President Nicolás Maduro. The limited changes will allow Chevron Corp to …

Venezuela’s Maduro, others meet with Iran oil minister
2 years, 7 months ago

Venezuela’s Maduro, others meet with Iran oil minister

Associated Press  

CARACAS, Venezuela — President Nicolás Maduro and other high-ranking Venezuelan officials have met with the oil minister of Iran to discuss cooperation in energy matters and efforts to defeat economic sanctions imposed by the U.S. and its allies. Venezuelan Petroleum Minister Tareck El Aissami praised “the position assumed by the Persian nation in the construction of routes and mechanisms to …

Possible Russia oil embargo drives US outreach to Venezuela
2 years, 9 months ago

Possible Russia oil embargo drives US outreach to Venezuela

Associated Press  

MIAMI — Senior U.S. officials secretly traveled to Venezuela over the weekend in a bid to unfreeze hostile relations with Vladimir Putin’s top ally in Latin America, a top oil exporter whose re-entry into U.S. energy markets could mitigate the fallout at the pump from a possible oil embargo on Russia. But the impetus for a risky outreach to Maduro …

US eases crippling Venezuela sanction, allows propane deals
3 years, 5 months ago

US eases crippling Venezuela sanction, allows propane deals

Associated Press  

CARACAS, Venezuela — The U.S. government on Monday moved to ease a crippling sanction imposed by the Trump administration on Venezuela by allowing companies to export propane to the troubled South American country, a step that could mitigate a shortage that has pushed people to cook on charcoal or wood grills. “The intimidation has never stopped us,” said Guaidó, who …

Venezuela’s Maduro expresses desire for foreign aid, Biden deal
3 years, 6 months ago

Venezuela’s Maduro expresses desire for foreign aid, Biden deal

Al Jazeera  

Venezuela’s president hopes a deal with the United States will open the floodgates to foreign investment, create jobs and alleviate poverty for his country, which is in the throes of a crippling economic crisis. “If Venezuela can’t produce oil and sell it, can’t produce and sell its gold, can’t produce and sell its bauxite, can’t produce iron, etcetera, and can’t …

Democrat adds pressure on Biden to review Venezuela sanction
3 years, 9 months ago

Democrat adds pressure on Biden to review Venezuela sanction

Associated Press  

MIAMI — A U.S. senator urged the Biden administration Tuesday to lift a ban on diesel fuel swaps with Venezuela, adding to pressure from some Democrats and aid workers who argue sanctions are worsening the South American country’s dire humanitarian crisis. Murphy’s request comes as the Biden administration reviews U.S. policy toward Venezuela with the goal of building a multilateral …

Trump administration imposes Venezuelan oil-related sanctions
3 years, 11 months ago

Trump administration imposes Venezuelan oil-related sanctions

Al Jazeera  

The United States Treasury targeted three individuals, 14 entities and six vessels for their alleged ties to a network attempting to assist Venezuela’s oil sector. The United States on Tuesday sanctioned a network of oil trading firms, individuals and vessels that have helped Venezuelan state-run oil company Petroleos de Venezuela sell crude mainly to Asia despite Washington’s sanctions on the …

US sanctions tech company for aiding Maduro election gambit
4 years ago

US sanctions tech company for aiding Maduro election gambit

Associated Press  

MIAMI — The Trump administration has imposed sanctions on an Argentine-owned technology company for helping Nicolás Maduro carry out recent legislative elections boycotted as fraudulent by the U.S.-backed opposition. He added that Maduro’s reliance on Ex-Cle as well as recently-sanctioned Chinese technology firm CEIEC “should leave no doubt that the December 6 legislative elections were fraudulent and do not reflect …

US issues new Venezuela-related sanctions over recent elections
4 years ago

US issues new Venezuela-related sanctions over recent elections

Al Jazeera  

The United States has issued sanctions against two individuals and a company that it alleges played a role in “fraudulent elections” in Venezuela earlier this month, a move that was rejected by President Nicolas Maduro as “stupid”. In a statement on Friday, the US Treasury Department said it had sanctioned Ex-Cle Soluciones Biometricas CA, a biometrics company, for providing material …

Venezuelan president: Key oil refinery attacked; 2 detained
4 years, 1 month ago

Venezuelan president: Key oil refinery attacked; 2 detained

Associated Press  

CARACAS, Venezuela — Venezuelan President Nicolás Maduro said Wednesday that a large oil refinery suffered a “terrorist attack” as his government struggles to provide domestic fuel to the nation amid a historic political and economic crisis. “Venezuela is confronting a permanent conspiracy against our life, against our strategic industry, against the electricity service, the refinery, the oil industry, public services,” …

Venezuela’s Maduro calls on UN to rally against US sanctions
4 years, 2 months ago

Venezuela’s Maduro calls on UN to rally against US sanctions

Al Jazeera  

Beleaguered leader urges end to ‘coercive measures’ while opposition leader calls for ‘decisive action’ to oust Maduro. Venezuelan President Nicolas Maduro has called on the United Nations General Assembly to rally against United States sanctions imposed on his country, as well as its allies including Cuba, Nicaragua and Syria. “We must demand the cessation of all unilateral coercive measures, of …

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