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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

NEPSE continues downward trend, drops 20.75 points

KATHMANDU: The Nepal Stock Exchange (NEPSE) index continued its downward

Shekhar Koirala says he joined race to safeguard Constitution, ensure parliamentary supremacy

KATHMANDU: Nepali Congress leader Shekhar Koirala has said he has

Forest, Energy ministries agree to ease hurdles in hydropower projects

KATHMANDU: The Ministry of Forests and Environment and the Ministry

NCP claims it will emerge as largest party, urges voters to back change and stability

KATHMANDU: The Nepali Communist Party (NCP) has urged all concerned

President Paudel urges public to ensure successful HoR election

KATHMANDU: President Ram Chandra Paudel has called on all citizens