Tag: Venezuela
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ICE confirms Aurora, Colorado gang members are in the United States illegally, released by Biden admin
Four Venezuelan national members of the Tren de Aragua gang arrested in Colorado have been confirmed as illegal aliens, per a statement from an ICE spokesperson to Fox News. The Venezuelan nationals, ranging in ages from 19 through 24, all crossed the southern border through Texas illegally in 2022 and 2023, under the Biden administration.…
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Hackers Drain Bank Account of Argentine Embassy in Caracas
In a shocking incident reported by the Argentine newspaper Clarín, hackers have successfully breached the bank account of the Argentine Embassy in Caracas, Venezuela, and emptied it of its funds. The cyberattack, which has raised serious concerns about the security of diplomatic missions, targeted the embassy’s financial resources, leaving the account with a zero balance.…
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High Court of Trinidad and Tobago Upholds ConocoPhillips’ Arbitration Claim Against Venezuela
The High Court of Trinidad and Tobago has upheld the decision to recognize ConocoPhillips’ arbitration claim against Venezuela. This development could potentially freeze the state’s payments to Caracas on joint gas projects. In late May, an initial court ruling allowed ConocoPhillips to enforce a $1.33 billion claim against Venezuela in Trinidad. This ruling enables ConocoPhillips…
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Oil executives imprisoned five years in Venezuela sue former employer Citgo for $400 million
Two Citgo oil executives detained for nearly five years in Venezuela have sued their former employer for more than $400 million, alleging it conspired to lure them to the South American country under a false pretext and then abandoned them as they endured horrendous prison conditions for crimes they didn’t commit. Brothers Alirio and Jose…
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Venezuela Expands Oil Trade to Cryptocurrency amid U.S. Sanctions
🇻🇪 In response to renewed U.S. oil sanctions, PDVSA is increasing its utilization of digital currency for oil and fuel transactions. The U.S. Treasury Department recently set a deadline of May 31 for PDVSA’s customers and providers to conclude transactions under a general license that remains unrenewed due to electoral reform issues. Since last year,…
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