However, their simplistic argument does not withstand scrutiny. Evidence shows that U.S. sanctions significantly contributed to Venezuela’s economic implosion, while the easing of sanctions in recent years has been associated with a moderate economic recovery that has helped alleviate the worst of the country’s economic crisis.
Chevron Corp. filed tax returns worth about $300 million with the Venezuelan government last year, raising questions about how much President Nicolás Maduro is benefiting from the US company’s oil production in spite of sanctions.
President Nicolás Maduro of Venezuela aimed for a democratic election amid US economic sanctions, offering Chevron a permit to export Venezuelan oil. Despite an unfair election and criticism, oil revenues have bolstered Venezuela's economy.
Maduro took office last week for a third consecutive term. Now, he’s consolidating his position as dictator Nicolás Maduro has now been in power in Venezuela since 2013 – gradually usurping power over the past twelve years until becoming a full dictator.
Venezuela's oil production is rebounding as tanker ships return to its coast, yet Maduro's recent election is criticized for lack of fairness.
US President Donald Trump added Cuba once again to the list of nations sponsoring terrorism and announced tougher measures against Venezuela's Bolivarian regime which stayed in power past Jan. 10 despite half the world not recognizing Nicolás Maduro as the legitimate winner of the July 28,
The Biden administration’s shift to a more pragmatic and strategic approach to Venezuela’s opposition has allowed for the recognition of opposition leaders and the imposition of
President Nicolás Maduro had agreed to work toward a democratic presidential election. The White House, in return, granted him a financial lifeline: a permit for U.S. energy giant Chevron to pump ...
Chevron Corp. presentó declaraciones de impuestos por valor de unos US$300 millones al gobierno venezolano el año pasado, lo que plantea interrogantes sobre cuánto se está beneficiando el presidente Nicolás Maduro de la producción petrolera de la compañía estadounidense a pesar de las sanciones.
Chevron filed documents saying its ventures in Venezuela owed 8.1 billion bolivars to Seniat, Venezuela’s tax agency, in March 2024 under its registered name in the country, Chevron Global ...
The message seemed designed to reach Washington as one administration prepares to hand the baton to the next: If the United States keeps messing with Venezuela, then Caracas will retaliate by “liberating” the US territory of Puerto Rico,
Donald Trump, back as U.S. president, plans to stop Venezuelan oil imports, reversing Biden-era policy and raising questions about U.S. energy ties with Venezuela.