GPB Global Resources BV is based in the Netherlands, but it’s run by Boris Ivanov and Sergey Tagashov, both of whom also worked for the Russian government in the past. In the last year, GPB steadily pumped about 10% of Venezuela’s oil in a joint venture with Petroleos de Venezuela S.A, the state-run company known as PDVSA. The operation, named Petrozamora SA, is operating with no company-specific sanctions in the Maracaibo region that helped establish Venezuela as an oil power in the 20th century.By Fabiola Zerpa and Peter Millard. Full text -> Bloomberg