As one of the world's major oil companies, PDVSA opened accounts in many large banks, including global ones.
On Saturday, Reuters reported citing sources that PDVSA (Petroleos de Venezuela, S.A.) is telling customers of its oil joint ventures to deposit sales proceeds at an account at Russia's Gazprombank.
The move comes after the United States imposed new financial sanctions aimed at preventing oil revenues reaching the government of President Nicolas Maduro.
Venezuela's opposition leader Juan Guaido has accused those blocking the humanitarian aid to his country of committing genocide, warning that the stoppage is a crime against humanity. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.
State-run PDVSA several weeks ago informed customers of the new banking instructions and has begun moving the accounts of its joint ventures, which can export crude separately.
Tensions rose when opposition leader Guaido declared himself acting president on January 23, a move which was supported by the USA and many European and Latin American countries.
Venezuela's self-proclaimed interim leader has told RT that the "corrupt regime" there is exclusively to blame for its dire humanitarian situation, and promised that democracy will be embraced, with free elections, once Maduro is gone.
Russia, Turkey, China, Iran, Bolivia and Mexico have put their weight behind Maduro.
The storm will arrive overnight Monday into Tuesday with flurries before snow becomes steadier sometime around 8 a.m. Snow is forecast to transition to an icy mix in this corridor from late Monday through Monday night. "I love it.
Their last seven opponents have been under 70 points and they'll be in a great position to win if they can make that eight games. Washington will look to bounce back next Saturday when they travel to play in-state rival, Washington State.
As far as performers go, fans of Ariana Grande might be disappointed to learn that she dropped out of the ceremony. A representative for the Grammys didn't return an email seeking clarification about the tribute.
The 25-year-old caught wind of the comments Grammys executive producer, Ken Ehrlich made and called him a liar via Twitter. Nevertheless, Grande has a pretty good shot at winning Grammys in the two categories for which she's been nominated.
Ehrlich told media he would have loved to feature Grande in the show, but she said it was too late to pull something together. We learn that their refusal to perform is linked to the way the producers of the Grammy Awards treat the HipHop community.
Eight standard airbags are included, and Subaru is predicting a IIHS Top Safety Pick+ rating after testing later this year. There's now an 11.6 inch infotainment system in the centre console, alongside support for Android Auto and Apple CarPlay.
The burn centre at Loyola University Medical Center in Chicago said it treated eight people who attempted the exercise. The spectacular frosty mist, as shown in tweets by successful challengers, is tempting to try, but don't get tricked.
Joy Villa dresses as Trump's border wall at 2019 Grammys
This year, Villa kept things equally political on the red carpet and explained why she wore the controversial dress. Last year, she wore a graphic white gown with the shape of an unborn fetus and the printed slogan, "I choose life".
Director Bala reveals why he is no longer helming Varmaa
Reliable sources say that if the team starts shooting for the remake from the beginning, a June 2019 is impossible. However, it now appears that the production house and the filmmaker had severe creative differences over the film.
AT&T won't let Verizon have its moment in the 5G limelight
Unlike the 5G talks during last year's Snapdragon 845 announcement , this year 5G is much closer to becoming a reality. On Monday, Verizon and Samsung said they plan to bring a 5G smartphone to the U.S. market in the first half of 2019.
Litecoin Traded Up 5% This Week (LTC)
Litecoin (CURRENCY: LTC ) traded up 12.5% against the dollar during the 1-day period ending at 8:00 AM Eastern on January 16th. The crypto industry market cap has risen by nearly 7 percent in the past 24 hours, from $114 billion to $ 121 billion .
Canada gains 66,800 jobs, blowing away forecasts
Overall, employment gains were driven entirely by private sector employees while the number of self-employed decreased. There was a surge of 66,800 net new jobs across the country, but many Canadians were still left searching for work.
Fourth Hottest Year On Record, Says NASA
Those major disasters, plus other smaller-scale disasters, made 2018 the fourth-most costly year on-record. We're no longer talking about a situation where global warming is something in the future.
Efficient Medvedev proves too strong for Fucsovics
World number 47 Fucsovics battled past Italian giant-killer Matteo Berrettini 5-7, 7-5, 6-3 to progress to his second ATP final. The seventh seed overcame the world number 12 Tsitsipas, in straight sets in their quarter-final that was played Friday.
Could the oil Industry in India See Higher Profits?
One of the issues for Indian oil companies is their requirement to sell below market to subsidize prices in their home country. The US pulled out of the agreement earlier this year as President Trump claimed he was looking for a better deal.