This is the official statement from PDVSA: ‘The Board of Directors of Petróleos de Venezuela has been expanded to ten members, with its internal structure now including three vice presidencies. This is in accordance with… Alí Rodríguez Retains Presidency Amid Controversial Board Restructuring and Alleged Political Maneuvering
London – Well, well. Finally, a major publication in the U.S. has picked up on the reports I’ve published on this blog exposing rampant corruption and money laundering by a handful of Venezuelan thugs and… The Miami Herald Exposes Derwick Associates Amidst Allegations of Corruption and Money Laundering
OIL The Government is considering outsourcing exploration and production programs to large corporations. José Suárez-Núñez The Minister of Energy and Mines, Rafael Ramírez, confirmed yesterday a 30% cut in the investment plan and a 40%… Foreign Corporations Set to Exploit Venezuela’s Oil Crisis Amid Government Mismanagement