Stockholm-based company picks up a 24% stake in a joint venture owned by PDVSA and Odebrecht
Category: Venezuela
Posted inThe LatAm View
IDB prepares for resumption of Venezuela lending
The IDB Group is prepared “for if and when” resources can start to flow to Venezuela, says the lender’s president
Posted inDaily Brief
GeoPark exits race for Frontera assets
Oil producer says it will focus on other opportunities for growth in Latin America after winning the backing of Grupo Gilinski
Posted inDaily Brief
Gilinski buys into GeoPark
Colombian conglomerate aims to accelerate the oil producer’s growth in Latin America as its new top shareholder
Posted inDaily Brief
Trafigura in Venezuelan-US gold deal
Trump officials reportedly broker deal for large sale of gold to US amid push to reopen Venezuela’s mining sector to foreign capital
Posted inDaily Brief
Venezuela moves to reopen oil sector to foreign capital
Trump administration pushed for this to spur US oil firms to invest, a move seen as opening up more investment opportunities
Posted inDaily Brief
Grupo Nutresa bets on Venezuela
Colombian multinational food conglomerate is preparing to step up sales in Venezuela on expectations of an economic revival
Posted inDaily Brief
MDBs better placed to recoup Venezuela debt: Fitch
Repaying lenders such as CAF and the IDB could be a pre-requisite for any potential aid package from the IMF, says credit ratings agency
Posted inDaily Brief
US oil push seen driving Venezuela’s recovery prospects
As Washington and Caracas start work on an bilateral oil deal, analysts forecast an upturn in Venezuela’s economic fortunes
Posted inDaily Brief
Mexican, Colombian markets shrug off Trump threats
Investors appear unperturbed by suggestions the US military strike on Venezuela could be replicated elsewhere in the region