CARACAS, VENEZUELA (By Piero Stewart, Energy Analytics Institute, 17.Jul.2026, Words: 153) — Following the devastating double earthquakes on 24 Jun. 2026 that struck Venezuela, the country’s government initially accessed $346mn from its own resources at the International Monetary Fund (IMF).
These fund are to be allocated to the recovery and reconstruction process in the wake of the tragedy.
(Energy Analytics Institute, Aaron Simonsky, 16.Jan.2017) – Refining utilization rates at PDVSA’s six domestic refineries averaged 30.7 percent in 2016 owing to permanent and temporary plant shut downs and continued problems procuring replacement parts all due to finance issues. PDVSA’s domestic refineries – Amuay, Cardón, Bajo Grande, Puerto la Cruz, […]
(Petrobras, 8.May.2020) — Petrobras in view of the news published today in the media regarding the meeting held on 05/06/2020 by the Executive Board in an internal event with the company’s employees, clarifies that it has been keeping the market informed about the actions on resilience adopted due to the […]
(Pemex, 25.Aug.2015) – Moody’s Investors Service placed Pemex’s global foreign currency and global local currency A3 ratings under review for a possible downgrade. In this regard, Pemex makes the following remarks: Pemex, along the entire oil and gas industry has been affected by the substantial decline in international oil prices […]