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While it might seem minor it was yet another sign of Venezuela’s need to publicize its rapprochement with China in the midst ...
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Exclusive: Private Chinese firm producing oil in Venezuela under rare 20-year pact, source says
China Concord Resources Corp has begun developing two Venezuelan oilfields, planning to invest more than $1 billion in a project to produce 60,000 barrels per day of crude oil by end-2026, an ...
Beijing is likely to increase its economic support for Venezuela, its only all-weather strategic partner in South America, as tensions rise between Washington and Caracas. However, analysts suggest ...
At least three US Navy guided missile destroyers and thousands of Marines are currently off the coast of Venezuela, with ...
Some analysts say that China, by endorsing Nicolas Maduro, just wants to protect its $60 billion investment in Venezuela. AFP via Getty Images China’s timing was impeccable. As soon as Nicolás ...
Venezuela remains heavily indebted to China following $50 billion granted through credit lines and oil-for-loan deals dating back to 2007 under the late President Hugo Chavez's administration.
CARACAS, Venezuela—China has been holding talks with Venezuela’s political opposition to safeguard its investments in the troubled Latin American nation, hedging its bets as pressure builds on ...
In 2015, Venezuela was producing 2.62 million barrels of oil a day, about 20% of which were shipped to China. As of August, Venezuela’s oil production has dropped to 2.33 million barrels a day.
China now buys an average of 338,000 barrels of Venezuelan oil daily, a figure that could rise to 1 million a day by 2012, Chavez has said. Venezuela subsidizes those sales by paying the freight ...
Tensions in the Caribbean are surging as the United States dispatched three Aegis-equipped destroyers—the USS Gravely, USS ...
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