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Don't feed the monster!

CITGO is the American branch of the Venezuelan state-owned company PDVSA, and the main sponsor of the Chavista dictatorship that is ruling the Caribbean nation right now. 99 palabras más


Russia pushed Maduro into taking over Congress

This is neither a conspiracy theory nor an intuitive analysis but a piece of intelligence: Maduro needed cash to service PDVSA debt -due next Wednesday- and Moscow wanted to help him out by investing in PetroPiar (PDVSA) but was unsure about the “legal mechanism” to protect this investment at the domestic level. 469 palabras más


Socialism's triumph: Oil-rich Venezuela is out of gas

As the Venezuelan economy continues to circle the drain, perhaps the quintessential symbol of the extraordinary personal incompetence of President Nicolás Maduro and of the thoroughgoing failure of the socialist system he inherited from his predecessor, the late Hugo Chávez, has been the mind-boggling inability of this, one of the top oil-producing nations on earth, to meet its own people’s demand for gasoline. 505 palabras más


Venezuela's PDVSA and ENPPI discuss joint cooperation agreements

The President of Petroleos de Venezuela S.A. (PDVSA), Eulogio Del Pino, held a meeting at La Campina PDVSA headquarters with Chief Executive Officer of Egypt’s Engineering for the Petroleum and Process Industries (ENPPI), Mohamed Hathout, to strengthen relations and discuss joint cooperation agreements. 152 palabras más

Stocks- ONGC Live Report ONGC big dividend, the Stock Rose 5%

ONGC large positive news from its foreign partner is going to big dividends. According to Sources exclusive news PDVSA ONGC from its Venezuelan partner will receive a dividend of Rs 3700-4000 crore. 69 palabras más

ONGC Instalment

01.01.17: A Rough Start

Reaction to the release of former presidential candidate Manuel Rosales and five other political prisoners yesterday continued to make headlines today, as the heads of both UNASUR and the OAS weighed in on the news. 556 palabras más

Daily Update

12.27.16: Record Time

Maria Corina Machado is the head of the Vente Venezuela opposition party. Specially since Maduro came to power in 2013, Machado has been widely regarded as the most radical opposition leader due to her unrelenting position that Maduro heads a ruthless dictatorship. 497 palabras más

Daily Update