Tag: PDVSA
Venezuela’s Refinery Woes Send Fuel Imports Soaring -Internal Documents
(Reuters, Marianna Parraga, 6.Dec.2018) — Venezuela this month plans to import over 300,000 barrels per day (bpd) of refined products to ease domestic fuel shortages […]
India’s ONGC Gets $32 Million Payment From PDVSA
(Reuters, 5.Dec.2018) — India’s Oil and Natural Gas Corp (ONGC) has received a payment of $32 million from Petroleos de Venezuela (PDVSA) as part of […]
Without Gas For Cremation, Even Dying Is A Struggle In Venezuela
(Reuters, Mayela Armas and Mariela Nava, 5.Dec.2018) — Angelica Vera of Venezuela’s western state of Zulia planned to cremate her father’s remains after he died […]
ONGC Gets $32mn Pmt From PDVSA
(Reuters, Nidhi Verma, 4.Dec.2018) — India’s Oil and Natural Gas Corp has received a payment of $32 million from Petroleos de Venezuela (PDVSA) as part […]
ONGC Gets $32mn Pmt From PDVSA
(Reuters, 4.Dec.2018) — India’s Oil and Natural Gas Corp has received a payment of $32 million from Petroleos de Venezuela (PDVSA) as part of a […]
LatAmNRG Panorama 28.Nov.2018: Ecuador, Mexico, Peru, Venezuela
(Energy Analytics Institute, Jared Yamin and Piero Stewart, 28.Nov. 2018) — Heard on the street and other LatAmNRG briefs from Mexico, OPEC producers Ecuador and […]
Venezuela Makes Multimillion-dollar Payment To Retain Citgo
(Houston Business Journal, Olivia Pulsinelli, 28.Nov.2018) — Houston-based refiner Citgo Holding Inc. will remain owned by Venezuela’s state-run oil company, Petróleos de Venezuela SA, if […]
$1.4 Billion Deal Allows Venezuela To Keep Citgo’s Three U.S. refineries
(Houston Chronicle, Sergio Chapa, 26.Nov.2018) — A payment on a $1.4 billion arbitration award to a Canadian gold mining company is allowing Venezuela to keep […]
Venezuela Hangs On To Citgo After Big Debt Payment
(Fox Business, Mike Obel, 26.Nov.2018) — Venezuela managed to retain ownership of Citgo, the big U.S. refining and gasoline marketing company that is one of […]
Rosneft’s Sechin Flies To Venezuela, Rebukes Maduro Over Oil Shipments
(Reuters, Alexandra Ulmer and Marianna Parraga, 24.Nov.2018) — The head of Russian oil company Rosneft, Igor Sechin, flew to Caracas this week to meet Venezuelan […]
PDVSA In Talks Over 2nd Sea-Borne Oil-Transfer Operation
(Reuters, Marianna Parraga, 22.Nov.2018) — Venezuela’s state-run oil firm PDVSA has begun talks with shipping firms to set up a second ship-to-ship (STS) operation off […]
LatAmNRG Panorama 22.Nov.2018: Venezuela, Colombia, Argentina
(Energy Analytics Institute, Piero Stewart and Aaron Simonsky, 22.Nov. 2018) — Heard on the street and other LatAmNRG briefs from OPEC producer Venezuela, and neighboring […]
Venezuela’s Maduro Says $100/bbl Oil Is ‘Fair Price’
(Energy Analytics Institute, Piero Stewart, 21.Nov. 2018) — Venezuela’s President Nicolás Maduro said an $100 oil price is a “fair price” for a barrel of […]
Venezuela Fuel Shortages Get Worse As Tanker Staff Flee
(Bloomberg, Fabiola Zerpa, 21.Nov.2018) — Venezuela’s fuel shortages are worsening as mass resignations at the state oil company’s tanker fleet have delayed gasoline shipments. Petroleos […]
Venezuela Set To Share Economic Data With IMF
(OilPrice.com, Tsvetana Paraskova, 15.Nov.2018) — OPEC’s member Venezuela—which is sitting on the world’s largest crude oil reserves but which is suffering the worst loss of […]
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 […]
Fuel Shortages The New Norm In Venezuela As Oil Industry Unravels
(Reuters, Tibisay Romero, Deisy Buitrago, 13.Nov.2018) — With chronic shortages of basic goods afflicting her native Venezuela, Veronica Perez used to drive from supermarket to […]
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 […]
Venezuela Gov’t Says Sabotage To Blame For Electric Outages In Margarita
(Energy Analytics Institute, Piero Stewart, 10.Nov.2018) — An explosion that occurred along a segment of the Northeast Gas Pipeline José Francisco Bermúdez, and which caused […]
Chevron Stayed In Venezuela Long After Rivals Quit
(Wall Street Journal, Kejal Vyas and Bradley Olson, 8.Nov.2018) — For nearly a century, Chevron Corp. has weathered dictatorships, coups and nationalization drives to keep pumping […]
Rosneft Says Venezuela’s Bill Falls To $3.1 Billion
(Reuters, 6.Nov.2018) — Rosneft was owed $3.1 billion by Venezuela as of September 30, down from $3.6 billion on June 30, Russia’s largest oil producer […]
Ex-Venezuela Oil Official Pleads Guilty In Graft Probe
(AP, 2.Nov.2018) The former finance chief of Venezuela’s state oil company pleaded guilty on Wednesday to participating in an alleged US$1.2-billion embezzlement scheme, a major […]