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Venezuela’s Economy Vice President Outlines Strategy for Stability

Venezuela’s Vice President for the Economy, Rafael Ramirez, outlined planned changes to the exchange rate system, oil exports

Venezuela’s Vice President for the Economy, Rafael Ramirez, has outlined planned changes to the exchange rate system, oil exports and gasoline subsidies as part of a strategy to achieve macroeconomic stability and overcome current economic problems.

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Major Airlines to Regulate Fares in Venezuela as Transport and Oil Costs Rise

Airline representatives in discussion in Venezuela. (@RMarcoTorres)

Yesterday Venezuelan Air and Maritime Transport Minister, Herbet Garcia Plaza, announced the government had reached an agreement with representatives of leading international airlines to regulate the cost of air travel to and from the country.

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El Salvador Enters Venezuela’s Petrocaribe Oil Alliance

A previous Petrocaribe Ministerial Council Meeting. (AVN)

El Salvador was confirmed this morning as an official member of Petrocaribe, an alliance forged by late Venezuelan leader Hugo Chavez with many Caribbean states to promote economic and social integration by trading oil at preferential prices.

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The Truth about Halliburton in Venezuela

(archive)

Franco Vielma, a Venezuelan radio talk show host and development worker with a public company, responds to the accusation that the Venezuelan government has signed a “pact” with Halliburton and that the U.S. oil company is now “coming” to operate in the country. He explains that Halliburton has operated in Venezuela for many decades, and agreements in recent years have actually reduced the scope of company’s operations in Venezuela’s oil industry.

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Halliburton in Venezuela: Smells like Sulfur

halliburton

Venezuelan writer and analyst Clodovaldo Hernandez discusses the rumored deal struck up between Venezuela’s national petroleum industry, PDVSA, and U.S. based multinational corporation Halliburton.

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Paramedic Injured by Violent Groups, Petrol Services Suspended in One Venezuelan Region after Attacks

Wilbany Leon (centre, red jacket), with transport minister Haiman El Troudi (centre, glasses) (Noticias 24)

A motorbike paramedic “almost died” on Monday as a result of nylon placed at the exit to a tunnel in Caracas, while an attack on a PDVSA oil tanker in Carabobo has seen the company cancel its services in the area.

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Venezuela Protests are Sign that US Wants our Oil, Says Nicolás Maduro [Interview, video]

Nicolas Maduro

In an exclusive interview with the Guardian, Venezuela's president claims the Obama administration is fomenting unrest with the aim of provoking a Ukraine-style 'slow-motion' coup.

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Natural Resources as the Dynamic Axis of UNASUR strategy

oil field in Venezuela's Orinoco region

Alí Rodriguez Araque, general secretary of the Union of South American Nations (UNASUR) details the core values of the UNASUR trade bloc, noting the paradox between the extensive reserves of valuable natural resources and the 130 million living in poverty throughout represented nations. Last week UNSAUR sent a delegation to discuss recent conflict and possible resolution in petroleum-rich Venezuela- this statement provides a basis of understanding for UNSAUR's position on Venezuela and their rejection of possible U.S. sanctions.

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Venezuelan Vice President Calls for National Debate on Gasoline Prices

“For those who want homeland, come with me. But on foot, because we have to save gasoline” (Agencies).

The world's lowest petrol prices could be raised for the first time in 16 years, after the Venezuelan government called for a national debate on the country's gasoline subsidies.

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Venezuelan Report: Refinery Disaster Caused by Intentional Manipulation of Gas Pump Bolts

Petroleum and mining minister Rafael Ramirez presenting the report of the investigation into the Amuay tragedy (AVN)

Following government allegations a fortnight ago that last year’s Amuay refinery disaster was caused by sabotage, authorities have now released a full report with details of the year-long investigation.

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