CARACAS — Venezuela’s PDVSA and NuStar Energy LP have reached an agreement over outstanding storage fees, allowing the state-run company to resume use of a key storage terminal in the Caribbean, the U.S. energy firm said on Monday. NuStar had suspended PDVSA several times since 2017 from using its St.
CHRISTIANSTED – Following an eight-week re-trial, a St. Croix federal jury convicted six men of cocaine conspiracy and drug distribution charges, U.S. Attorney Gretchen C.F. Shappert said today. Sergio Quinones-Davila, 43, of Orlando, Fla., Jose Hodge, 38, of St. Croix, and Omi Guitierrez-Calderon, 38, Anibal Vega-Arizmendi, 28, Jean Carlos Vega-Arizmendi,
JACKSONVILLE — A defensive tackle with the NFL team the Jacksonville Jaguars has stepped up to help the Caribbean home nation of his father. Marcell Dareus, 28, who is an alum of the University of Alabama, spent this week in Haiti and took along a whopping $125,000 donation. With five
CARACAS — Venezuela’s state-run oil firm Petróleos de Venezuela S.A. has bought nearly $440 million worth of foreign crude and shipped it directly to Cuba on friendly credit terms – and often at a loss, according to internal company documents reviewed by Reuters. The shipments are the first documented instances
WILLEMSTAD — Venezuela’s Petróleos de Venezuela, S.A. (PDVSA) will let the 335,000 barrel-per-day refinery it leases in Curacao halt operations once crude inventories are exhausted as no new shipments are planned to the Caribbean following ConocoPhillips’s legal actions, according to two sources. PDVSA is also changing its trade arrangements to
LONDON — Britain has incurred the wrath of several of its overseas territories by backing measures to force them to publish unprecedented levels of information about who owns the companies based in their jurisdictions by 2020. Territories including the Cayman Islands and the British Virgin Islands fear that the new
Lorna Smith, head of British Virgin Islands Finance and wife of the premier, has said that forcing a public register “smacks of colonialism.” ROAD TOWN, Tortola — Britain’s overseas territories are considering declaring independence as they revolt against the government’s threat to deploy colonial powers to change their financial systems.
ROAD TOWN, Tortola – Britain agreed on Tuesday to order its overseas territories such as the British Virgin Islands and Cayman Islands to make secretive company ownership information public by the end of 2020 to try to tackle corruption and tax avoidance. The move was hailed as a major victory
BRIDGETOWN — The United Nations says its trained law enforcement units have logged record high cocaine seizures at seaports in the Caribbean and Latin America. On Wednesday, the U.N. said the units intercepted huge shipments of the illegal drugs being trafficked through seaports this year, including 2.8 tons of cocaine
HAVANA — Raul Castro has stepped down as president and his brother Fidel is dead but U.S. relations with Cuba are frostier than in years, with their reopened embassies nearly empty and President Donald Trump hinting at measures that could further lower the temperature. A new Cuban president, 58-year-old Miguel