Jan 16 (Reuters) - Four Venezuelan banks were notified this week by the country's government that they will split $300 million of oil revenues deposited in an account in Qatar, enabling them to sell dollars to Venezuelan companies that need foreign exchange to pay for materials,

Democrats sharply questioned the plan, including the role of Qatar in managing an account funded by the sale of Venezuelan oil.

When the United States seized Venezuelan strongman Nicolás Maduro earlier this month, and started working on a plan to take long-term control of the country’s oil reserves, Caracas’s largest crude customer was bound to take notice. After all, China is ...

(CNN) — Hundreds of millions of dollars that the United States is raising from the sale of Venezuelan oil is being sequestered in Qatar. It’s an indirect path that could speed the flow of much-needed money to Venezuela, but it also raises questions ...

The company lobbied hard for proximity to Venezuela’s oil wealth—but it has little appetite for making major investments there in the near term.

After the capture and arrest of Venezuelan President Nicolás Maduro, President Donald Trump announced plans to revitalize Venezuela’s struggling oil industry with American investment. Kindness at work can mean giving honest feedback, limiting meetings ...

So far, the media has reported that all Venezuelan oil money is being deposited in US government-controlled bank accounts, including the one in Qatar.

The biggest oil companies will immediately profit off Trump’s Venezuela coup, including via American taxpayers’ money.

Treasury issues ‘general licence’ that will allow American groups to purchase and resell the South American country’s oil