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Venezuela “shifts oil ventures’ accounts” to Russian bank



CARACAS: Sources have claimed that Venezuela’s state-run oil company PDVSA is asking its joint venture customers to deposit oil sales proceeds in an account recently opened at Russia’s Gazprombank AO, according to Reuters.

Citing an informal document, Reuters has said that PDVSA’s move comes following the United States’ tough, new financial sanctions aimed at blocking Venezuela’s President Nicolas Maduro’s access to the country’s oil revenue. (Agencies)

Publish Date : 10 February 2019 11:17 AM

NCP unity message rally kicks off in Kathmandu

KATHMANDU: The unity message rally of the Nepali Communist Party

Nepal–China joint security patrol conducted in Korala border area

KATHMANDU: A joint Nepal–China security patrol was conducted on Friday

Bagmati Province Assembly meeting likely in Jan

KATHMANDU: The Bagmati Province government has begun preparations to convene

Bidya Devi Bhandari expresses confidence in UML’s new leadership elected from 11th General Convention

KATHMANDU: Former President and former Vice-Chairperson of CPN-UML, Bidya Devi

68 inmates who escaped Tanahun Prison during Gen-Z movement still at large

KATHMANDU: A total of 68 inmates who escaped from Tanahun