In addition to yesterday’s report about Libre Abordo, its “bankruptcy,” and Venezuela’s announcement to take its case to the International Criminal Court (ICC), this site can confirm that far from being out of business, Libre… Proton Sociedad Limitada: Ongoing Ties with Libre Abordo and PDVSA Amid Legal Troubles
A few days ago, Reuters reported that Libre Abordo, the Mexican shell company without a track record to speak of, which signed a “humanitarian food for oil agreement” with CORPOVEX from Venezuela, was “bankrupt.” Until… Venezuela to Present Alex Saab’s Bankruptcy Case Against Libre Abordo at International Criminal Court: A Controversial Move Amid Sanctions and Humanitarian Claims
UPDATED 22:19 | The Chinese virus seems to be impacting editorial desks at Reuters in Brazil and Mexico. See the latest headline, “Libre Abordo de México announces bankruptcy, termination of exchange with Venezuela,” reported by… Debunking Reuters: Misleading Claims About Libre Abordo’s Bankruptcy and Alex Saab’s Influence
In the latest exhibition of “news” related to Venezuela, Bloomberg took a page from the Reuters playbook and published a report on Libre Abordo, Grupo Schlager, Grupo JOMADI, and PDVSA. #plagiarism, @reuters style: https://t.co/iuXybw3GdP pic.twitter.com/cWyH5V8SvN… Plagiarism in Venezuela Reporting: How Bloomberg and Reuters Copy Investigative Work
As soon as we learned about the flotilla of gasoline shipments from Iran heading to Venezuela, we said: I suppose that @TareckPSUV and @VezaratNaft from #Iran are going to test @realDonaldTrump’s resolve with those gasoline…
Iran’s Gasoline Fleet Highlights U.S. Government’s Failed Policy Toward Venezuela
A couple of rulings this week, one from the United States Supreme Court and another from a Delaware judge, set the stage for the permanent loss of CITGO, Venezuela’s most valuable overseas asset. The decisions…
Farewell CITGO: The Lighthouse of Morro
UPDATED 05/15/2020 – The Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury removed Nynas from its list of sanctioned entities yesterday. Nynas issued a statement claiming that PDVSA (the majority… PDVSA’s Controversial 35% Stake Divestment in Nynas: Legal Implications and Impact Post-Sanctions
Look at this: after selecting Juan Guaidó, the Trump administration imposed a series of sanctions on Venezuela/PDVSA. This sanctions regime instilled a sense of dread in numerous international energy players who ultimately withdrew from the… Trump Must Reevaluate Support for Guaidó Amidst Venezuela’s Sanctions Evasion Concerns
This site first learned about David Rivera when David Osío boasted that the United States Congress would supposedly grant him a gong for “distinguished contributions.” Rivera orchestrated the charade. Ileana Ros-Lehtinen, herself married to a… David Rivera: The Controversial Lobbyist for Maduro’s PDVSA and His Allegations of Corruption
The recent history of U.S. government intervention in Venezuela is troubling. From Operation Condor and the Washington Consensus, we now see a shift to social media-driven coups. Today’s regime change strategies often involve backing the… US Intervention in Venezuela: Why We Need More Charlie Wilson and Less John Bolton
UPDATE 08/05/2020 – 09:55 GMT | The adventures of Alex Saab in the oil sector are not new. There was a time when he had to rely on “decent” intermediaries, like Jean Paul Rivas, in… Alex Saab’s Libre Abordo: The Controversial New Partner Rescuing PDVSA Amid US Sanctions
A recent proposal for restructuring PDVSA to return to its core business has been circulating. It involves the cessation of food imports, poultry feeding, and cardboard housing construction, alongside modifications to laws aimed at attracting… Uncovering the Shadowy Ties: APS SpA, PDVSA, and the Ramírez-Sanso Connection Explained
In the latest chapter of the Nynas saga, we learn that Nynässtiftelsen, the new foundation proposed by PDVSA to Hacienda for the reorganization process, is controlled by Bo Askvik, the CEO of Nynas. In summary,… Nynässtiftelsen: A New Foundation Amid OFAC Sanctions on Venezuela and Nynas’ Reorganization
Staying relevant in politics is quite challenging even in the best of times. Imagine the difficulty faced by those with such aspirations when, amid the current pandemic, their area of expertise is a banana republic… Unpacking Francisco Rodríguez’s Insights on Venezuela’s Assets and Economic Crisis
The Bloomberg hacks covering Venezuela have recently astonished their audience with a surprising discovery: “Two former Gazprom executives are helping Venezuela maintain its oil flow”: “GPB Global Resources BV is based in the Netherlands, but…
Bloomberg Reveals Connection Between GPB Global Resources and PDVSA