US EditionU.S. Treasury's Strategic Move on Venezuela's Oil Bonds
8 Articles
8 Articles
U.S. Treasury's Strategic Move on Venezuela's Oil Bonds
The U.S. Treasury Department has issued a general license for specific transactions associated with Venezuela's state oil company, Petróleos de Venezuela, S.A., concerning their 2020 8.5% bond. Scheduled to take effect from December 20, 2025, this move is part of broader financial and geopolitical strategies.
OFAC Continues to Delay Effective Date of Venezuela-Related License
The Office of Foreign Assets Control on June 20 again extended a general license that continues to delay an exemption that would authorize certain transactions related to Petroleos de Venezuela, Venezuela's state-owned energy company. General License 5S, which replaced GL...
Venezuela’s president, Nicolás Maduro, reported that the nation’s certified oil reserves increased by 30%. “Venezuela has the largest certified reserve and that reserve, I have to say, that it was already certified, has increased by 30% more, that is, that Venezuela has a reserve now higher than [...] Venezuela’s entry claims that its certified oil reserves have increased by 30% was first published in Foco Informativa.
Jorge Rodríguez, head of the ruling party’s campaign command, said on Monday, June 23, that the Great Patriotic Pole Simón Bolívar (GPPSB) is preparing to win victory in the country’s 335 municipal mayors and councils in the July 27 elections. “Then don’t say we don’t warn you, we’re going to [...]
The president of the Republic, Nicolás Maduro, informed this Monday during his program With Maduro + number 83 that the oil reserves of the country already certified have increased 30% more. «Venezuela has a reservation now higher than the one that had been certified». «...
News of the Day and the Hour Latest News of the day President Nicolás Maduro announced this Monday in his program With Maduro+, issue number 83, that the certified oil reserves of the country have increased 30% compared to the levels that it possesses certificates. In relation to the International Economic Forum of St.Petersburg, in which the Bolivarian Government participated, the head of State indicated that the opportunity was taken for the …
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