Citgo

US Government, Corporate Media Join Forces in Neoliberal War Against Venezuela

Graffiti opposing US imperialism in Venezuela. Photo credit: Aljazeera.comPresident Donald Trump and the likes of the New York Times might seem like strange bedfellows but they have found common cause in seeking regime change in Venezuela, a country that poses no threat to the United States but sits on the world’s largest proven oil reserves.

The Truth About US Sanctions on Venezuela, and Why the Media Gets it Wrong

Last week, the US formally adopted sanctions on Venezuelan national oil company PDVSA, as well as on CITGO, its US-based distribution arm, as part of its press for regime change in Caracas. National Security Advisor John Bolton estimated the actions would affect some $7 billion in assets and would block $11 billion in revenue to the Venezuelan government over the next year.

Venezuela’s US-Backed Coup Leader Immediately Targets State Oil Company, Requests IMF Money

GrayZone Project — The right-wing opposition leader that the United States is trying to undemocratically install as Venezuela’s president immediately set his sights on the country’s state-owned oil company, which he is hoping to restructure and move toward privatization. He is also seeking money from the notorious International Monetary Fund (IMF) to fund his unelected government.

US Federal Court Orders Seizure of Venezuela’s Citgo Petroleum Assets in the US

A US federal judge authorized the seizure of Venezuela’s only sizable US asset, Citgo Petroleum. This was the country's major source of income and its loss will cripple the Maduro regime. Venezuela is $150-billion in debt and will fall into full default without income from Citgo. The Russians will also lose money because they own 49% of Citgo. [...]

Will Venezuela Be The Battleground In The Next U.S.-Russia Proxy War?

(MPNThere’s no denying that Venezuela is deeply embroiled in a significant crisis. While most are aware of the country’s recent string of violent protests, food shortages and government crackdowns on opposition protesters, few are aware of the opposition’s use of underhanded and downright illegal tactics, as well as the United States’ role in funding opposition forces.

Will Venezuela Be The Battleground In The Next U.S.-Russia Proxy War?

Russian President Vladimir Putin, front, and Venezuelan President Nicolas Maduro enter the hall during their meeting in the Novo-Ogaryovo residence outside Moscow, Russia, Jan. 15, 2015. (AP/Pavel Golovkin)
CHILE — There’s no denying that Venezuela is deeply embroiled in a significant crisis. While most are aware of the country’s recent string of violent protests, food shortages and government crackdowns on opposition protesters, few are aware of the opposition’s use of underhanded and downright illegal tactics, as well as the United States’ role in funding opposition forces.