Gold Reserve's subsidiary is involved in U.S. District Court proceedings related to a potential purchase of PDV Holding shares amid a sale process in Venezuela.

The entities involved

• Gold Reserve →

  American gold mining company

  • Venezuela has nationalized its gold industry and granted operational rights for a gold mine, while the US has simultaneously imposed heavy sanctions on the sector.Sat 14:15
• Venezuela →

  Country in Latin America

  • The crisis in Venezuela is ongoing, with the White House providing aid and political support, and Maria Corina Machado seeking a return.Sun 22:06
  • George W. Bush expressed concern about the erosion of democracy in Bolivia and Venezuela in 2006.Sun 05:05
• ConocoPhillips →

  American oil and gas company

  • Multiple major financial firms adjusted their holdings in ConocoPhillips on October 15, 2026.Thu 21:47
  • ConocoPhillips and EOG Resources hit 52-week highs, while AppLovin faces securities fraud suits and Archer Aviation hits a 52-week low.Thu 04:14

Related events

• Chevron committed capital to double Venezuelan oil output through agreements with PDVSA.Oct 11