Venezuela assures Grenada of continued support under PetroCaribe
ST GEORGE’S, Grenada - Grenada need not fear that falling world oil prices will result in a threat to the PetroCaribe programme. In fact, the Venezuelan government has assured Grenada and other PetroCaribe member More...
Cuba ratifies its support of PetroCaribe
CARACAS, Venezuela - Cuban first vice-president Miguel Diaz-Canel ratified his country’s determination to keep working towards the further development of the PetroCaribe regional program during the ninth summit More...
Dominican Republic redeems $4 billion PetroCaribe debt
NEW YORK, USA -- The Dominican Republic has redeemed $4 billion in outstanding debt accumulated with Venezuela's state-owned company (PDVSA) under the PetroCaribe agreement from 2005-2014. The Dominican Republic More...
PetroCaribe will continue, says Venezuela president
CARACAS, Venezuela -- Venezuelan President Nicolas Maduro said on Wednesday that the PetroCaribe agreement will continue its path toward the consolidation and transformation of a great economic zone between the More...
Venezuela cuts PetroCaribe oil shipments
CARACAS, Venezuela -- Shipments of cut-rate oil from Venezuela to Caribbean and Central American countries under the PetroCaribe programme were cut by about 20% through October compared with the same period last More...
Sanders: “Venezuela in financial difficulty, will PetroCaribe survive?”
Sir Ronald Sanders is a Consultant and Senior Research Fellow at London University. Reponses to:www.sirronaldsanders.com The government of Venezuela is undoubtedly disappointed with the outcome of the 166th meeting More...
Four CARICOM countries cut back reliance on PetroCaribe
MIAMI - At least four Caribbean Community (CARICOM) member countries are taking steps to reduce their reliance on Venezuela’s PetroCaribe oil subsidy as crude prices plunge, according to the International Monetary More...
USA vis-à-vis Petrocaribe
Venezuela, one of the largest producers of crude oil and a founding member of (OPEC) launched back in June 2005 the Petrocaribe program, an energy corporation agreement comprising 18 Caribbean nations, buying Venezuelan More...
Fourth Guyana debt arrangement written off under PetroCaribe deal with Venezuela
GEORGETOWN, Guyana (GINA) -- Guyana’s finance minister, Dr Ashni Singh, said that, under the PetroCaribe deal with Venezuela, the fourth debt compensation arrangement has been written off by Venezuela for rice More...
