Venezuela Claims to Have a ‘Secret Plan’ to Circumvent Oil Sanctions

Venezuela’s vice president said Friday to have a “secret plan” to give a “new impetus” to the oil industry, after the end of the licenses that allowed the operation of multinationals in this country despite the current US embargo.

The president of Venezuela, Nicolás Maduro, headed this Friday the activation of the Situational Chamber of Control and Monitoring of the Ministry of Hydrocarbons, when he emphasized that the country is gradually overcoming the impact of the economic war of imperialism thanks to its philosophy of promoting sovereign productions and with its own effort.During the working meeting the Venezuelan head of State exchanged criteria with the executive v…

In recent days there is much talk about Gaza, with justified reason, and very little about Venezuela, which is falling into “the forgetfulness that we will be”, title of Héctor Abad Faciolince’s novel.

The last oil vessels authorized by the United States to transport crude and derivatives from Venezuela started this week, after the deadline granted by the US government to complete commercial operations with the state-owned Pdvsa. This was revealed by shipping data and documents to which Reuters news agency had access. The [...]

Ciudad Caracas, Latin American Summary, May 30, 2025. Venezuela’s Executive Vice President and Minister of Hydrocarbons, Delcy Rodríguez, said this Friday that “Venezuela does not recognize any foreign jurisdiction that removed licenses from transnational oil companies operating in the country.” In a message published through its social networks, Rodríguez recalled that [...] La entrada Venezuela. Delcy Rodríguez: Nothing will stop the developme…

“Abandon” Venezuela, calls on its citizens to face the risk of “unfair detention” Venezuela's vice president said Friday to have a “secret plan” to give a “new impetus” to the oil industry, after the end of the licenses that allowed multinationals to operate in this country despite the U.S. embargo in force. U.S. Chevron, Spanish Repsol, French Maurel & Prom and Italian Eni—who benefited from these exemptions—are now exposed to U.S. sanctions if…