(Bloomberg) -- Venezuela’s opposition is ramping up lobbying efforts in Washington, trying to persuade the Biden administration to intervene in the court-ordered sale of Citgo Petroleum Corp.’s parent ...

MIAMI (CBSMiami/AP) — A local leader along with Venezuelan opposition leaders in South Florida do not want Venezuela to sell their U.S.-based Citgo Petroleum Corp. U.S. Rep. Joe Garcia along with ...

The bleeding Venezuelan economy is pinning its hopes on cryptocurrency. On Tuesday, the Venezuelan government launched a pre-sale of "Petro," a new cryptocurrency backed by the country's oil reserves.

CARACAS, Venezuela (AP) — Venezuela’s government is seeking private investors to pump funds into vital but crippled state-run companies, decades after seizing them in the name of socialism. The ...

Venezuela is now on the brink of total collapse. As you’ve seen before here in Oil & Energy Investor, national oil company PDVSA looms large in this unfolding crisis. The focus is the company’s ...

The fight over Venezuela's last major foreign asset just got nastier. Lawyers for Citgo Petroleum and its owner, PDV Holding, ...

Venezuela’s Nicolás Maduro is moving ahead with plans to sell a key fertilizer plant in Colombia in a quest to shore up revenue for his country’s ailing economy, squaring him against President Gustavo ...

CARACAS, Venezuela — Through 15 years of roiling social change, the Venezuelan newspaper El Universal has been a go-to source for readers looking for tough coverage and criticism of the political ...

A sale process for Venezuela’s Citgo Petroleum Corp. has been called off, and the U.S.-based oil refiner instead plans a debt sale that would raise funds for the cash-strapped country. The auction was ...