About Us


In Venezuelan Oil Holocaust, our Mission is to honor the memory, dignity, and rights of Venezuelan workers who were unjustly affected during the oil strike of 2002-2003, an episode that deeply marked the country's economic and social history.

Our Vision is to be a national and international reference in the defense of labor and human rights of Venezuelan workers, achieving the moral, social, and economic restitution of all the victims of the Oil Holocaust.

We are committed to the creation and strengthening of a Fair Compensation Fund, designed to provide moral, social, and economic reparation to thousands of families who lost their stability, their jobs, and their future as a consequence of those events.

Our work is based on three fundamental pillars:

 

1.     Justice and Transparency: we promote clear, ethical, and verifiable legal processes that ensure each affected individual receives what is due to them.

2.     Unity and Participation: we believe in the power of collective organization and in the voice of each worker as an essential part of change.

3.     Hope and Reconstruction: we seek to not only compensate for the losses of the past but also to rebuild the social and moral fabric of Venezuelan families who were victims of the so-called Oil Holocaust.

Venezuelan Oil Holocaust promotes coordinated and solidarity action among professionals, institutions, and communities, joining efforts both inside and outside the country to achieve fair and sustainable solutions. We work with integrity, rigor, and commitment, convinced that truth and justice are the foundations of real reparation.

In Venezuelan Oil Holocaust, we not only fight for economic compensation but for the vindication of the truth and justice that these families deserve. Because every worker has the right to be heard, and every injustice deserves reparation.

 

Qualified Settlement Fund (QSF)


What is QSF?

• It is a court-supervised fund to distribute money from the sale of Citgo assets, a company linked to PDVSA, among the victims of the strike.
• It aims to help thousands of affected people worldwide, including those in Venezuela, the United States, Colombia, Spain, and other countries.
• The fund will ensure that everyone receives a fair share, without those who claim first exhausting the available money.

What happened during the 2002–2003 strike?

 

The strike halted almost all oil production in Venezuela, causing mass layoffs (around 18,000–19,000 workers), fuel shortages, health problems, and forced migration. If you were affected, you have the right to compensation.

How will the Fund work?

1. First step (coming soon): The court will decide whether to approve the fund.
2. Notification (within 90 days): We will inform you how to file your claim, using notices in Spanish and English through organizations, consulates, social media (such as X), and a website.
3. Claims: You can submit a simple application, with a document (Power of Attorney, Notarized, awaiting instructions via email) confirming your damage (for example, job loss or health problems).
4. Distribution: The money will be fairly divided among all approved claimants, with a process to review claims over 10 years if late damages arise (such as health problems).

Why is this fund important?

 

This plan seeks justice for victims worldwide, ensuring that no one is left without compensation due to the limited amount of money available. We are asking the court to form a special group (commission) to plan how the fund will operate fairly.

Version en Ingles Ventajas del QSF