Venezuelan authorities arrests former oil minister, ex-PDVSA chief

byJokpeme Joseph Omode -
0
This photo taken on September 22, 2017, shows former Venezuelan oil minister Eulogio Del Pino. (Photo by AFP)
Venezuelan authorities have arrested two former bosses of the country’s giant oil industry on accusations of helping a coup plot.
Former oil minister Eulogio del Pino and Nelson Martinez, the ex-chief of state oil company PDVSA, were arrested early on Thursday.
Venezuela’s Attorney General Tarek William Saab said the two were detained as part of an operation by the Military Counterintelligence Unit “to dismantle the cartel that has been hitting the oil industry.”
The attorney said 14 other people were the target of the operation and that some were not in Venezuela.
“We hope they will be delivered to Venezuelan justice,” he said, without elaborating on the identity of the suspects.
Authorities also ordered the arrest of six executives of Citgo Petroleum Corp, the US-based subsidiary of PDVSA, last week, saying the people had received bribes worth more than $50 million to sign contracts to refinance $4 billion in debt without government approval.
All those targeted in the government’s purge in the oil industry are believed to be allies of Venezuela's former oil minister Rafael Ramirez. The man, once known as Venezuela’s oil czar, is reportedly stripped of his UN post as ambassador, sources with knowledge of the matter said on Wednesday. 
Ramirez, who was Venezuela’s oil minister for 10 years beginning in 2004 and during the time of former president Hugo Chavez, fell from the grace under the leadership of incumbent President Nicolas Maduro when he published a series of opinions criticizing PDVSA for reducing crude production. He also censured Maduro’s government for not doing enough to contain an economic crisis rooted in the slump in oil prices in recent years.
Manuel Quevedo, a former general close to Maduro, takes over from the two industry veterans. He has defended the arrests of his predecessors, saying they were helping a coup plot by sabotaging oil production.
“This sabotage plan is aimed at achieving a repeat of 2002-03 when there was an attempted coup against Chavez," Quevedo said while in Vienna to attend an OPEC meeting.
Venezuela resides on one of the world's biggest reserves of oil.
The country’s output has recently slumped, standing at around two million barrels per day.
Tags

Jokpeme Joseph Omode

Jokpeme Joseph Omode stands as a prominent figure in contemporary journalism, embodying the spirit of a multifaceted storyteller who bridges history, poetry, and investigative reporting to champion social progress. As the Editor-in-Chief and CEO of Alexa News Network (Alexa.ng), Omode has transformed a digital platform into a vital voice for governance, education, youth empowerment, entrepreneurship, and sustainable development in Africa. His career, marked by over a decade of experience across media, public relations, brand strategy, and content creation, reflects a relentless commitment to using journalism as a tool for accountability and societal advancement.

You may like these posts

Thank you for reaching out to us. We are happy to receive your opinion and request. If you need advert or sponsored post, We’re excited you’re considering advertising or sponsoring a post on our blog. Your support is what keeps us going. With the current trend, it’s very obvious content marketing is the way to go. Banner advertising and trying to get customers through Google Adwords may get you customers but it has been proven beyond doubt that Content Marketing has more lasting benefits.
We offer majorly two types of advertising:
1. Sponsored Posts: If you are really interested in publishing a sponsored post or a press release, video content, advertorial or any other kind of sponsored post, then you are at the right place.
WHAT KIND OF SPONSORED POSTS DO WE ACCEPT?
Generally, a sponsored post can be any of the following:
Press release
Advertorial
Video content
Article
Interview
This kind of post is usually written to promote you or your business. However, we do prefer posts that naturally flow with the site’s general content. This means we can also promote artists, songs, cosmetic products and things that you love of all products or services.
DURATION & BONUSES
Every sponsored article will remain live on the site as long as this website exists. The duration is indefinite! Again, we will share your post on our social media channels and our email subscribers too will get to read your article. You’re exposing your article to our: Twitter followers, Facebook fans and other social networks.

We will also try as much as possible to optimize your post for search engines as well.

Submission of Materials : Sponsored post should be well written in English language and all materials must be delivered via electronic medium. All sponsored posts must be delivered via electronic version, either on disk or e-mail on Microsoft Word unless otherwise noted.
PRICING
The price largely depends on if you’re writing the content or we’re to do that. But if your are writing the content, it is $60 per article.

2. Banner Advertising: We also offer banner advertising in various sizes and of course, our prices are flexible. you may choose to for the weekly rate or simply buy your desired number of impressions.

Technical Details And Pricing
Banner Size 300 X 250 pixels : Appears on the home page and below all pages on the site.
Banner Size 728 X 90 pixels: Appears on the top right Corner of the homepage and all pages on the site.
Large rectangle Banner Size (336x280) : Appears on the home page and below all pages on the site.
Small square (200x200) : Appears on the right side of the home page and all pages on the site.
Half page (300x600) : Appears on the right side of the home page and all pages on the site.
Portrait (300x1050) : Appears on the right side of the home page and all pages on the site.
Billboard (970x250) : Appears on the home page.

Submission of Materials : Banner ads can be in jpeg, jpg and gif format. All materials must be deliverd via electronic medium. All ads must be delivered via electronic version, either on disk or e-mail in the ordered pixel dimensions unless otherwise noted.
For advertising offers, send an email with your name,company, website, country and advert or sponsored post you want to appear on our website to omodjk(at)gmail(dot)com

Normally, we should respond within 48 hours.

Previous Post Next Post

Random Posts

News

                     Copyright Notice

All rights reserved. This material, and other digital contents on this website, may not be reproduced, published, rewritten or redistributed in whole or in part without prior express written permission from Alexa News Network Limited. 

نموذج الاتصال