Monthly Archives: May 2011

Is it tight yet? Chavez tightens grip in PDVSA shake up, removes CFO Editorial: Chavez tightens grip on power Venezuela’s Chavez Tightens Grip On Judiciary : NPR Chavez tightens grip on media Chavez tightens grip on economy Venezuela’s Chávez tightens … Continue reading →

If you’re really into this case, you’ll enjoy this. Otherwise, please go play outside, I hear the weather is nice where you live.

This is getting downright interesting. Eudomario Carruyo has left the board of Venezuelan state oil company PDVSA. The guy is old and weak, and may just be retiring. But it is interesting, as El Universal notes, that his name has … Continue reading →

While everyone is busy talking and worrying about these intentionally symbolic US sanctions against Venezuelan state oil company PDVSA, there is a real news story happening in Venezuela that is getting little play. The Caracas Metro is tripling its fares, … Continue reading →

So remember how yesterday morning Quasecarioca told us about Brazil’s new forestry law, and how people are cutting trees like mad in hopes that the law will contain an amnesty provision? Well now, someone has killed a couple in Brazil … Continue reading →

In Venezuela, the oil minister and foreign minister are on live TV on all broadcast and domestic cable channels talking about the US’s sanctions against PDVSA. They are “rejecting” the measures as “illegal” and calling for workers to “mobilize in … Continue reading →

The US Secretary of State decided to impose the following sanctions on Venezuela’s state oil company PDVSA in response to shipments of fuel to Iran, according to a US government official briefed on the matter. These are the mandatory sanctions … Continue reading →

So says Reuters: WASHINGTON May 24 (Reuters) – The United States will sanction Venezuela’s state oil company PDVSA on Tuesday for dealing with Iran in violation of a U.S. ban on such trade, sources briefed on the matter told Reuters. … Continue reading →

Pacific Rubiales, Colombia’s biggest private-sector oil company, reported its earnings for the quarter last week. They were pretty “meh.” Sales rose to a record, but the company reported a net loss, mainly on some wrong-way bets on oil prices. The … Continue reading →

Oswaldo Cisneros, one of Venezuela’s richest humans, has long been rumored to be one of the people with big bucks invested with disgraced financier Francisco Illarramendi. His name hasn’t yet appeared in the US court records in the case. But … Continue reading →