Venezuela News

Glass Maker Seeks to Seize Venezuela-Owned Oil Tanker to Collect Award

NEW YORK/MEXICO CITY — U.S. glass manufacturer O-I Glass Inc is seeking to seize an oil tanker owned by Venezuela to collect part of a $500 million arbitration award it won after the 2010 expropriation of two manufacturing plants, according …

Wildfires Pose Heightened Risk to Venezuelan Crude Output

Wildfires during Venezuela’s dry season are posing heightened risk to crude output this year due to lack of maintenance in state-owned oil company’s PDVSA’s oilfields and fuel shortages leaving firefighters without fuel, according to interviews with a half-dozen workers and …