Venezuela: Tareck El Aissami accused of extortion

Venezuela's attorney general has accused journalists of being financed by former oil minister Tareck El Aissami, arrested in connection with a massive corruption scandal linked to PDVSA. The journalists describe these accusations as defamatory.

Share:

Corruption de Tareck El Aissami dans le secteur pétrolier vénézuélien

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Tareck El Aissami, former Venezuelan oil minister, was arrested on April 9 following accusations of corruption within PDVSA, the state-owned oil giant. The Attorney General, Tarek William Saab, claims that the former minister ran a “media extortion structure” to attack the authorities and influence media publications. According to Saab, the journalists involved demanded between $30,000 and $100,000 to withdraw or tone down publications critical of El Aissami. The aim would have been to manipulate public opinion and slander opponents. This case echoes the measures put in place by the country to fight corruption.

Reaction from accused journalists

The journalists accused by Saab categorically deny these allegations. Edwald Scharfenberg, editor-in-chief of ArmandoInfo and one of the people quoted by Mr. Saab, calls the accusations “a clumsy and malicious smear campaign”. According to Scharfenberg, their work often targeted Lopez, El Aissami and PDVSA, revealing numerous irregularities.

“Nothing could be more absurd and implausible. We have written dozens of articles on Lopez, El Aissami and PDVSA’s irregularities (…) I denounce this clumsy and malicious defamatory maneuver.”

Roberto Deniz, also named in the charges, speaks of an attempt to criminalize their investigative work. “It’s a criminalization of the work we’ve been doing for years.”

ArmandoInfo journalists went into exile in 2018 after lawsuits launched by Alex Saab, an intermediary for the Venezuelan government. They had uncovered irregularities in the state’s food distribution program. This event provoked a violent reaction from the authorities.

The role of cryptocurrency and corruption

Also involved in terrorism cases, El Aissami is implicated in a cryptocurrency-based oil sales network. This system was initially designed to circumvent US sanctions. However, it led to an estimated embezzlement of $17 billion. More than 60 people were arrested in this case. Venezuela’s use of cryptocurrencies was an attempt to resist international sanctions. But this strategy has led to abuses and the emergence of extortion and corruption networks. The Caracas government is struggling to deal with the repercussions of the scandal.
Saab’s allegations highlight the climate of political and economic instability in Venezuela. The cross-accusations between ArmandoInfo journalists and the authorities reflect a deeply polarized media landscape. The fight against corruption, combined with media transparency, remains a crucial challenge for the country’s future.

The Australian government plans to introduce a free solar electricity offer in several regions starting in July 2026, to optimize the management of the electricity grid during peak production periods.
India is implementing new reforms to effectively integrate renewable energy into the national grid, with a focus on storage projects and improved contracting.
China added a record 264 GW of wind and solar capacity in the first half of 2025, but the introduction of a new competitive pricing mechanism for future projects may put pressure on prices and affect developer profitability.
The government confirmed that the majority sale of Exaion by EDF to Mara will be subject to the foreign investment control procedure, with a response expected by the end of December.
A week before COP30, Brazil announces an unprecedented drop in greenhouse gas emissions, driven mainly by reduced deforestation, with uneven sectorial dynamics, amid controversial offshore oil exploration.
The Catabola electrification project, delivered by Mitrelli, marks the first connection to the national grid for several communities in Bié Province.
The Algerian government plans a full upgrade of the SCADA system, managed by Sonelgaz, to improve control and supervision of the national electricity grid starting in 2026.
Facing annual losses estimated at up to $66mn, SEEG is intensifying field inspections and preparing the rollout of smart meters to combat illegal connections.
The British government confirms its ambition to decarbonise the power sector by 2030, despite political criticism and concerns over consumer energy costs.
Enedis plans a €250mn ($264mn) investment to strengthen Marseille’s electricity grid by 2030, including the full removal of paper-insulated cables and support for the port’s electrification.
Energy ministers coordinate investment and traceability to curb China’s dominance in mineral refining and stabilize supply chains vital to electronics, defense, and energy under a common G7 framework.
Electricity demand, amplified by the rise of artificial intelligence, exceeds forecasts and makes the 2050 net-zero target unattainable, according to new projections by consulting firm Wood Mackenzie.
Norway's sovereign wealth fund generated a €88 billion profit in the third quarter, largely driven by equity market performances in commodities, telecommunications, and finance.
The German regulator is preparing a reform favourable to grid operators, aiming to adjust returns and efficiency rules from 2028 for gas pipelines and 2029 for electricity networks.
Bill Gates urges governments and investors to prioritise adaptation to warming effects, advocating for increased funding in health and development across vulnerable countries.
The Malaysian government plans to increase public investment in natural gas and solar energy to reduce coal dependency while ensuring energy cost stability for households and businesses.
The study by Özlem Onaran and Cem Oyvat highlights structural limits in public climate finance, underscoring the need for closer alignment with social and economic goals to strengthen the efficiency and resilience of public spending.
Oil major ExxonMobil is challenging two California laws requiring disclosure of greenhouse gas emissions and climate risks, arguing that the mandates violate freedom of speech.
The European Court of Human Rights ruled that Norway’s deferral of a climate impact assessment did not breach procedural safeguards under the Convention, upholding the country’s 2016 oil licensing decisions.
Singapore strengthens its energy strategy through public investments in nuclear, regional electricity interconnections and gas infrastructure to secure its long-term supply.

All the latest energy news, all the time

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.