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Venezuela

Venezuelan president resolved to return oil to $100 a barrel
Venezuela is determined to fight for a return to a ‘fair’ $100 oil price, President Nicolas Maduro announced following OPEC’s decision to keep current output levels.

28.11.2014 05:34

OPEC decision will keep oil prices low & hit Russia, Iran, US – experts
Russian officials and experts warned that oil prices will remain below $80 per barrel for some time, after OPEC’s decision not to cut output. It will hurt the economies of Russia, Iran, and Venezuela – and deal a blow to shale oil production in the US.

28.11.2014 00:50

Oil industry battle: ‘New fracking technologies VS traditional extraction methods’
OPEC is not a monolithic organization and it fails to agree on common policy, so it’s unlikely that the upcoming Vienna meeting will become a deciding factor on oil prices, Adrian Salbuchi, International consultant, told RT.

26.11.2014 08:11

Russia, Saudi Arabia, Mexico, Venezuela decide not to cut oil production
Delegations from Russia, Saudi Arabia, Mexico and Venezuela have met for the first time in such a format for talks in Vienna to discuss rapidly dropping oil prices. The group agreed to monitor prices for a year

25.11.2014 16:11

Venezuela to revise relations with Spain
Venezuelan President Nicolas Maduro has ordered a review of all relations with Spain citing its Prime Minister Mariano Rajoy’s support for opposition and criticism of the country’s judicial system.

25.10.2014 13:53

‘US shale oil exploration led to low oil prices, market shakeup’
Falling oil prices embarrass and make life difficult for countries that depend on oil exports, including Russia and Venezuela, and the US would enjoy making life difficult for them, economist Richard Wolff told RT.

24.10.2014 07:19

​The Saudi oil war against Russia, Iran and the US
Saudi Arabia has unleashed an economic war against selected oil producers. The strategy masks the House of Saud’s real agenda. But will it work?

15.10.2014 10:34

Venezuela’s game with the devil
If Nicolas Maduro, President of Venezuela, decides to pay ExxonMobil $1.6bn in compensation for the nationalization of an oil project that will be almost a business deal with the devil, and Venezuela will only lose.

13.10.2014 12:50

War and Peace (& Economic Terror): 9 highlights from the 69th UNGA
Emotions are running high at the 69th UN General Assembly, with Islamic State, “economic terrorists” and US spying firmly in the firing line. RT has listened to all the speeches (so you don’t have to) to bring you the best quotes of the week so far.

25.09.2014 09:39

Venezuela closes Colombian border to crack down on contraband
The Venezuelan government is closing its border with Colombia in an attempt to curb mass smuggling of goods from Venezuela to Colombia during the night hours.

11.08.2014 15:03

Massive electrical blackout impacts large portion of Venezuela (PHOTOS)
Venezuelan authorities were scrambling to gather information on a massive blackout that impacted the capital of Caracas as well as large swaths of the country, highlighting what has been a persistent problem for the South American country.

27.06.2014 21:35

Plot to kill Maduro: Venezuela demands US explain role in assassination plan
Venezuelan President Nicolas Maduro has alleged US involvement in a plot to oust his government and assassinate him. The South American leader said there are hundreds of emails that prove members of the State Department were part of the conspiracy.

04.06.2014 04:45