Venezuela

oil

Falling oil prices: How are countries being affected?

19/01/2016(1)
Oil prices have fallen to their lowest level since 2003, sinking below $28 a barrel before recovering slightly on Monday. Analysts say the drop has been driven by oversupply, ... Read More
oil-well

Venezuela will push for an oil price band at South American and Arab nations meeting

05/11/2015(0)
Venezuela to push for oil price bands at Arab nations meeting Venezuela will push for an oil price band proposal at an upcoming summit in Saudi Arabia between South ... Read More
Exxon

Venezuela ordered to pay $1.6 billion to Exxon

10/10/2014(0)
International arbitration panel rules against South American nation in oil project complaint. An international arbitration panel has ordered Venezuela’s socialist government to pay $1.6 billion to ExxonMobil for the ... Read More
Lufthansa

Lufthansa says to cut Venezuela flights amid forex dispute

15/07/2014(0)
German airline Lufthansa (LHAG.DE) said on Monday it will reduce service to Venezuela by 40 percent starting next month amid an ongoing dispute about repatriation of revenue from ticket ... Read More
Bolivarjp1-articleLarge-v2

Profits Vanish in Venezuela After Currency Devaluation

09/07/2014(0)
Brink’s, the armored car company, could see about $400 million in revenue disappear this year from its operations in this country. Procter & Gamble announced a write-down of $275 ... Read More
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