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Mircely Guanipa

'We all earn the same' - Venezuela minimum wage hike angers skilled workers

26 Sep 2018

CARACAS/PUNTO FIJO, Venezuela Yusbell Arcaya used to earn more than seven times the minimum wage as a human resources analyst at a university in western Venezuela, but socialist President Nicolas Maduro's economic reforms changed all that.

Some Venezuelans, alarmed by Maduro's measures, speed up plans to flee

20 Aug 2018

CARACAS/PUNTO FIJO, Venezuela Carpenter Jose Narvaez had planned to flee Venezuela and emigrate to the nearby Caribbean island of Aruba towards the end of the year, until Venezuelan President Nicolas Maduro unveiled his plan to turn around the crumbling economy.

Venezuelan shopkeepers alarmed by Maduro's latest economic moves

18 Aug 2018

PUNTO FIJO/SAN CRISTOBAL, Venezuela After Venezuelan President Nicolas Maduro's 60-fold increase to the minimum wage, storeowners on Saturday wrestled with an anguishing decision: Close up shop or hit customers with steep price hikes at the risk of sinking the business.

Venezuela dodges oil asset seizures with export transfers at sea

07 Aug 2018

HOUSTON/PUNTO FIJO Venezuela's state-run oil company PDVSA has limited the damage from an unprecedented slump in crude exports by transferring oil between tankers at sea and loading vessels in neighboring Cuba to avoid asset seizures.

Venezuela dodges oil asset seizures with export transfers at sea

07 Aug 2018

HOUSTON/PUNTO FIJO, Aug 7 Venezuela's state-run oil company PDVSA has limited the damage from an unprecedented slump in crude exports by transferring oil between tankers at sea and loading vessels in neighboring Cuba to avoid asset seizures.

Venezuela's PDVSA transfers oil at sea despite customer qualms

08 Jun 2018

HOUSTON/PUNTO FIJO, Venezuela Venezuela has begun testing seaborne oil transfers to ease a severe backlog of crude deliveries from its main terminals, according to sources and data, as chronic delays and production declines could temporarily halt state-run PDVSA's supply contracts if they are not cleared soon.

Venezuela arrests ex-oil refining boss for alleged graft: sources

19 Mar 2018

PUNTO FIJO Venezuela has arrested the former refining boss of state oil company PDVSA for alleged corruption, two sources told Reuters on Monday, extending a crackdown on the OPEC nation's ailing oil sector.

Explosion at major Venezuela refinery injures two: sources

28 Dec 2017

PUNTO FIJO, Venezuela A furnace exploded during a unit restart at Venezuela's largest refining complex, injuring two workers, a union leader and a family member of one of the victims said on Wednesday.

Venezuela Amuay refinery slop tank overflows into bay - sources

31 Oct 2017

MARACAY, Venezuela, Oct 31 A slop tank at Venezuela's massive Amuay refinery overflowed this week and products have spilled, polluting the nearby bay and staining tankers, according to a union leader and two refinery workers.

Top Venezuela refineries at 34 percent of capacity: union, documents

16 Oct 2017

PUNTO FIJO, Venezuela/HOUSTON Venezuela's main refining complex, hobbled by a lack of oil and maintenance issues, is down to operating at about a third of its 955,000-barrel-per-day capacity, according to a union official and documents from the state-run oil company PDVSA.

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