Venezuela’s CITGO in Danger as Maduro Seeks Debt Renegotiation

From Venezuelanalysis.com, October 2, 2019 Edited and with additional reporting by Lucas Koerner from Philadelphia. Caracas – A US court has ruled that Canadian mining giant Crystallex can move forward in seizing assets from Venezuelan oil subsidiary CITGO. The World Bank’s international arbitration tribunal awarded Crystallex US $1.4 billion in compensation for the 2008 nationalization of Las Cristinas gold mine[…]

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Venezuela Oil Production Continues Decline as China Cancels More Shipments

Caracas, September 12, 2019 (venezuelanalysis.com) Venezuela’s oil output has continued its downward trend according to figures from the Organization of the Petroleum Exporting Countries (OPEC). The latest report from the oil cartel detailed that, based on secondary sources, the Caribbean nation produced 712,000 barrels per day (bpd) in August, down from 755,000 in July. The numbers reported directly by state[…]

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The Plot to Kill Venezuela

by Vijay Prashad, Published on Salon.com, May 17, 2019 This article was produced by Globetrotter, a project of the Independent Media Institute. Hugo Chávez knew that Venezuela was very vulnerable. Its oil revenues account for 98 percent of its export earnings. Chávez was familiar with the thinking of Juan Pablo Pérez Alfonzo, Venezuela’s minister of mines and hydrocarbons in the[…]

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Venezuela Fights Back! The Bolivarian Revolution Continues!

Photo: A Venezuelan supporter of President Nicolas Maduro gold a sign that reads: “Going forward with Maduro.”  ~TeleSUR Gallery, January 2019 by Alison Bodine, Fire This Time, January, 2019 A summary of the words most commonly appearing in mainstream news headlines about Venezuela in 2018 would include “humanitarian crisis,” “chaos,” “dictatorship,” and “failed state,” among other alarming buzzwords. Far reflecting[…]

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