PDVSA Involved in International Money Laundering Investigation
A group of Venezuelan citizens, including several former government officials, have been charged of laundering two billion dollars from PDVSA contracts in Andorra.
Tag: PDVSA
How the Oil Debate Changed Venezuela After August 29, 1975
During Carlos Andrés Pérez’s first presidency, a law was passed so Venezuela could benefit the most from oil revenue. It was well thought out and, most importantly, well executed. It would change our relationship with our natural resources forever.
Eulogio, Venezuela's mighty oil Czar
On Tuesday evening, President Nicolás Maduro announced what in revolutionary newspeak is referred to as a sacudón (shake-up), otherwise known to the rest of the globe as cabinet reshuffle. The most noteworthy replacement happened in the...
Evil in the Bayou
This U.S. Senator just blocked the targeted sanctions on Venezuelan human rights violators because she loves CITGO money too much.
The end of a long debate
Léelo en Español en Prodavinci. It’s easy to forget that, before chavismo descended into outright farce, there was a genuine intellectual debate to be had about the proper...
The Long View on Oil-to-China
Over on Global Barrel, Tom O’Donnell makes the case that the Venezuela-China oil relationship has now reached a kind of critical mass that will keep it going far into...
Good News, Everyone!
Venezuela hosts one of the world’s largest gold mines, and we know it’s going to be developed now because the concession is in the capable hands of: Dot...
Annals of Goal Post Locomotion
In 2008, PDVSA said they planned to produce 5.8 million barrels per day by 2012. In 2009, it was 4.9 million b/d by 2013. In 2010, they pledged...
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