(Argus, 27.Apr.2020) — The two Maduro loyalists who have been effectively running Venezuela’s national oil industry for two months were officially appointed today as acting […]
Tag: Manuel Quevedo
PDVSA Partners Fret Over Managerial Vacuum
(Argus, 12.Mar.2020) — A presidential commission tasked with reorganizing Venezuela’s state-owned PdV is sowing confusion among the oil company’s joint venture partners over who is […]
Maduro Taps VP To ‘Restructure’ Oil Sector
(Reuters, 19.Feb.2020) — Venezuelan President Nicolas Maduro said on Wednesday he would create a presidential commission to restructure the country’s beleaguered oil industry, which will […]
Maduro’s PDVSA Shake Up Amid Oil Emergency
(Bloomberg, 19.Feb.2020) — Venezuela’s President Nicolas Maduro declared an “energy emergency” as he announced a commission to revamp state oil company Petroleos de Venezuela SA, […]
Venezuela To Blend Oil To Keep Exports Afloat: OilMin
(Reuters, 2.Jul.2019) — Venezuela will stick to its plan of blending domestic and foreign crude to maintain and even increase oil production and exports in […]
Venezuela Pushing For Dragon Gas In 18 Months
(Trinidad Express, 15.Nov.2018) — Venezuela’s minister of energy, Manuel Quevedo, said yesterday that his country’s state-owned oil giant PDVSA expects to start sending natural gas […]
Venezuela Hoping To Steeply Raise Oil Output Next Year
(Reuters, 11.Nov.2018) — Venezuela is hoping to steeply raise oil output next year but will respect any new deal if OPEC agrees to reduce output […]
PDVSA Preparing $950mn Payment On 2020 Bond
(Reuters, 15.Oct.2018) — Venezuela’s state-owned oil company PDVSA is preparing to pay holders of its 2020 bond some $950 million this month, after failing to […]
Venezuela to Continue in Defense of Oil Market Equilibrium
(Energy Analytics Institute, Piero Stewart, 29.Sep.2018) — Venezuela’s Oil Minister Manuel Quevedo announced the South American country would continue to seek equilibrium in the petroleum […]
PDVSA Inks $430 Mln Deal in Effort to Boost Oil Output
(S&P Global, Mery Mogollon, 30.Aug.2018) — State-owned Venezuelan oil company PDVSA signed a $430 million service agreement with seven companies to boost its oil production […]
Venezuela Aims To Boost Oil Output By 640 Mb/d
(OilPrice.com, Tsvetana Paraskova, 30.Aug.2018) — Venezuela’s state oil firm PDVSA has said that it signed a US$430 million joint service agreement with seven companies that […]
Oil Workers Support Maduro’s Economic Plans
(Energy Analytics Institute, Ian Silverman, 21.Aug.2018) — Oil workers at state oil company PDVSA marched in Caracas and across the country to show their continued […]
Rafael RamĂrez Says Maduro Destroyed PDVSA
(Energy Analytics Institute, Jared Yamin, 19.Aug.2018) – Former PDVSA President Rafael RamĂrez says Venezuela produced 3 million barrels per day until December 2013. That figure […]
PDVSA President Says Venezuela Production Stabilized
(Energy Analytics Institute, Piero Stewart, 10.Aug.2018) – PDVSA President Manuel Quevedo assured that Venezuelan crude oil production had stabilized. Quevedo, who also serves as Venezuela’s […]
Venezuela Facing Compounding Oil Woes
(UPI, Daniel J. Graeber, 10.Aug.2018) – Though it holds the largest reserves of oil in the world, production levels put it only in the middle […]
Venezuela, Saudi Arabia Discuss Partnerships
(Energy Analytics Institute, Ian Silverman, 8.Aug.2018) — Officials from both OPEC countries discussed existing energy partnerships during their meeting in Caracas. Venezuela was represented by […]
Venezuela Dodges Oil Asset Seizures
(Reuters, Marianna Parraga, Mircely Guanipa, 7.Aug.2018) – Reuters) – Venezuela’s state-run oil company PDVSA has limited the damage from an unprecedented slump in crude exports […]
Former Cerro Negro Workers Still Seek Payment
(Energy Analytics Institute, Piero Stewart, 23.Jul.2018) – It has been 11 years and the 7,000 direct and indirect Venezuelan workers of US oil company Exxon […]
Venezuela Claims It Plans To Raise Oil Production
(OilPrice.com, Tsvetana Paraskova, 17.Jul.2018) – Venezuela’s Oil Minister Manuel Quevedo has discussed plans with state-held oil company PDVSA to raise the country’s crude oil production […]
Quevedo Prays for Higher Venezuelan Output
(Energy Analytics Institute, Piero Stewart, 8.Jul.2018) – Venezuela’s Oil Minister General Manuel Quevedo prayed to God in search of divine assistance to boost Venezuela’s oil […]
PDVSA, Rosneft Officials Discuss Projects
(Energy Analytics Institute, Piero Stewart, 28.Jun.2018) – Officials from both oil companies held meetings in Caracas to discuss partnerships. PDVSA President Manuel Quevedo, who also […]
Stuart Young Leads Venezuelan Energy Talks
(LoopTT, 27.Jun.2018) – Minister in the Office of the Prime Minister, Minister in the Ministry of the Attorney General and Legal Affairs and Minister of […]