(Argus, 12.Mar.2021) — Venezuelan state-owned PdV suspended gasoline production at its 305,000 b/d Cardon refinery this week as a result of more equipment breakdowns. Cardon […]
Tag: PDVSA
Venezuela’s Stations Offer Fuel, Liquor
(Bloomberg, 11.Mar.2021) — Welcome to Venezuela’s new gasoline stations: They boast digital fuel pumps and high-end, imported liquor. They’re plastered in fresh coats of bright […]
Venezuela’s Oil Exports Rose In February: Data
(Reuters, 1.Mar.2021) — Venezuela’s oil exports rose in February to over 700,000 barrels per day (bpd), their highest level in 10 months, pushed by more […]
Venezuela Ships Jet Fuel to Iran In Exchange For Petrol
(Reuters, 23.Feb.2021) — Venezuela is shipping jet fuel to Iran in return for vital gasoline imports for the South American nation as part of a […]
World Must Stop Venezuela’s Environmental Destruction
(By Francisco Dallmeier and Cristina V. Burelli, 22.Feb.2021) — The political and economic ruin of Venezuela, once one of Latin America’s wealthiest countries, is by […]
China, Russia, Venezuela: Q&A With Thomas O’Donnell
(Energy Analytics Institute, 13.Feb.2021) — China and Russia continue to push around their might in Venezuela. Thomas O’Donnell with the Hertie School of Governance & […]
UN’s Douhan Urges Lifting Sanctions Against Venezuela
(OHCHR, 12.Feb.2021) — The UN Special Rapporteur on unilateral coercive measures and human rights, Alena Douhan, today urged the United States, European Union and other […]
UN Reports On Impacts Of US Sanctions On Venezuela
(OHCHR, 12.Feb.2021) — The United Nations Special Rapporteur on the negative impact of unilateral coercive measures on the enjoyment of human rights, Ms. Alena Douhan, […]
Venezuela Briefs: Oil Tankers, OPEC+ Meeting
(Energy Analytics Institute, 10.Feb.2021) — Venezuelan briefs related to the departure of oil tankers Era and Explorer from PDVSA’s Amuay refinery in Punto Fijo and […]
Citgo Proposes Senior Secured Notes Offering
(Citgo, 3.Feb.2021) — Citgo Petroleum Corporation has commenced a private offering exempt from the registration requirements of the Securities Act of 1933, as amended, $650mn […]
Sugarcane Harvest At Risk In Venezuela’s Portuguesa State
(Energy Analytics Institute, 30.Jan.2021) — Venezuelan sugarcane growers in the country’s central Portuguesa state are at risk of losing the opportunity to harvest an estimated […]
PDVSA Ad Hoc Board Head Calls Citgo “Crown Jewel”
(Energy Analytics Institute, 29.Jan.2021) — The president of the Ad Hoc Board of Petróleos de Venezuela (PDVSA) called US-based refiner Citgo Petroleum the “crown jewel” […]
Venezuela Crude Stocks Drop As Exports Pick Up
(Reuters, 26.Jan.2021) — Venezuelan state oil company PDVSA’s inventories of its main export crude grade dipped this week to their lowest levels since late November, […]
PDVSA Says It Controls Gas Leak Along Anaco Pipeline
(Energy Analytics Institute, 23.Jan.2021) — Workers with PDVSA Gas, a subsidiary of Petróleos de Venezuela (PDVSA) controlled a gas leak in the Barbacoas sector of […]
US May Restore Venezuela Diesel Swaps, Ease Waiver
(Argus, 20.Jan.2021) — The new US administration is considering whether to reinstate Venezuelan crude-for-diesel swaps and ease a key sanctions waiver, but policy reversals alone […]
Treasury Targets Venezuelan Sanctions Evasion Network
(US Treasury, 19.Jan.2021) — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated three individuals, fourteen entities, and six vessels […]
Venezuela Orders Arrest Of New Citgo Board Member
(Reuters, 18.Jan.2021) — Venezuelan authorities issued an arrest warrant for a new member of the board of directors of U.S.-based refining firm Citgo Petroleum Corp […]
Entities Look To Press Biden On Venezuela Fuel Swaps
(Reuters, 18.Jan.2021) — Representatives of fuel suppliers to Venezuela, importers of Venezuelan oil and advocacy groups said this month they plan to press the incoming […]
Venezuela Eyes Private Cos Operating Oil Fields
(Reuters, 14.Jan.2021) — Venezuelan officials have met in recent months with small domestic oilfield contractors to propose letting them operate fields owned by state-owned PDVSA […]
Judge Approves Citgo Parent Share Sale
(Argus, 14.Jan.2021) — Venezuela inched closer to losing control of its US refining subsidiary Citgo today after a federal judge began crafting a sale process […]
Maduro Says Venezuela Eyes Output Of 1.5 MMB/D
(Energy Analytics Institute, 12.Jan.2021) — Venezuela’s President Nicolas Maduro, during his annual speech to the nation on 12 January 2021, announced the OPEC country was […]
Jose R. Pocaterra Joins Citgo Board Of Directors
(Citgo, 6.Jan.2021) — The Citgo Petroleum Corporation Board of Directors announced that Jose R. Pocaterra has been named to the Board of Directors, replacing Edgar […]
Venezuela’s Oil Exports Sink To 1940’s Level
(Reuters, 4.Jan.2021) — Pressured by strict U.S. sanctions, Venezuela’s oil exports plunged by 376,500 barrels per day (bpd) in 2020, according to Refinitiv Eikon data […]
20 Companies: The Biggest Polluters In The World
(Insider Monkey, 2.Jan.2021) — In this article we are going to list the 20 companies that are the biggest polluters in the world. Click to […]
Venezuela Briefs: Halliburton Layoffs
(Energy Analytics Institute, 31.Dec.2020) — Briefs from Venezuela related to Halliburton layoffs and the year end message from Petróleos de Venezuela (PDVSA) President Asdrúbal Chávez. […]
Carlos Vecchio Says Guaidó Govt Saved Citgo
(Energy Analytics Institute, 29.Dec.2020) — Houston-based refiner Citgo Petroleum, owned by Venezuela’s state oil and gas company Petróleos de Venezuela (PDVSA), continues to benefit from […]
UAE Emerges As Hub For Cos. Helping Venezuela
(Reuters, 29.Dec.2020) — In June, the United States imposed sanctions on half a dozen oil tankers managed by established shipping firms. It was a major […]
Venezuela Resumes Direct Oil Shipments To China
(Reuters, 22.Dec.2020) — Venezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a year, according […]
Biden To Seek Talks With Maduro Regime
(Bloomberg, 18.Dec.2020) — President-elect Joe Biden’s advisers are preparing to negotiate with Nicolas Maduro’s regime in Venezuela in an effort to end the Western Hemisphere’s […]
Spills In Venezuela Offer A Bleak Vision Of An Oil End
(Bloomberg, 15.Dec.2020) — Tropical rains have washed away most outward traces of the oil spill that ravaged Rio Seco this fall. But the fishing village […]
Iran Uses Disguised Tanker To Export Venezuelan Oil
(Reuters, 14.Dec.2020) — A tanker chartered by the National Iranian Oil Company (NIOC) is loading Venezuelan crude for export, documents from state-run PDVSA show, providing […]
Venezuela Disrupts Plan To Attack Refinery
(Reuters, 11.Dec.2020) — Venezuela’s Oil Minister Tareck El Aissami said on Friday that authorities had disrupted a plan to attack Venezuela’s 146,000-barrel-per-day (bpd) El Palito […]
PdV Turns Refinery Repair Effort To Puerto La Cruz
(Argus, 10.Dec.2020) — PdV has restarted a crude distillation unit at its 190,000 b/d Puerto La Cruz refinery for the first time since 2017, but […]
NGOs Vital In Helping With Humanitarian Crisis [Video]
(Citgo, 10.Dec.2020) — NGOs and other private philanthropic groups are increasingly critical in helping address the deteriorating humanitarian crisis in Venezuela, according to three diverse […]
Venezuela Oil Production To Average 600,000 b/d In 2021
(Energy Analytics Institute, 9.Dec.2020) — Crude oil production from OPEC member Venezuela is expected to average 600,000 barrels per day in 2021, according to new […]
Venezuelan Opposition Fills PdV Chair On Election Eve
(Argus, 7.Dec.2020) — Venezuela’s opposition-controlled National Assembly named another oil industry veteran to chair a shadow board of Venezuela’s national oil company PdV. The key […]
Venezuela’s New Assembly To Battle Sanctions
(Argus, 7.Dec.2020) — Venezuela’s National Assembly elections yesterday thrust the Opec country’s last democratic institution under the thumb of President Nicolas Maduro, who has defied […]
Heard Venezuela: Iranian Asset Takeovers
(Energy Analytics Institute, 5.Dec.2020) — Rumors are that Iranian businesspersons and their companies are in the process of taking over operations at Venezuela’s six refineries […]
Dems Statement Ahead Of Elections In Venezuela
(US Senate, 4.Dec.2020) — US Senate Foreign Relations Committee Ranking Member Bob Menendez (D-N.J.) and Senate Democratic Whip Dick Durbin (D-Ill.) issued the following statement […]
New Buyers Spur Rise In Venezuela Oil Exports
(Reuters, 3.Dec.2020) — Venezuela’s oil exports almost doubled in November from the previous month as new customers linked to a Russian trading firm stepped in […]
Venezuela Producing Around 450,000 b/d
(Energy Analytics Institute, 1.Dec.2020) — Venezuela is said to be producing around 450,000 barrels per day and exporting more with the assistance of Chinese and […]
Venezuela Crude Production, Exports Recover
(Argus, 1.Dec.2020) — Venezuelan state-owned PdV’s crude production and exports have recovered in recent weeks as China resumed direct loadings and a tanker deficit the […]
Venezuela Judge Convicts Citgo-6, Orders Prison
(AP, 27.Nov.2020) — Six American oil executives held for three years in Venezuela were found guilty of corruption charges by a judge Thursday and immediately […]
Venezuela Resumes Direct Oil Shipments To China
(Reuters, 26.Nov.2020) — Venezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a year, according […]
Venezuela Briefs: Exchange Rate; PDVSA Isn’t Bankrupt
(Energy Analytics Institute, 25.Nov.2020) — Foreign exchange rate and energy related briefs from OPEC oil producer Venezuela related to the rising Bolivar currency as well […]
Heard Venezuela: Oil Sales To Chevron
(Energy Analytics Institute, 24.Nov.2020) — Heard on the street in Venezuela related to the sale of Venezuelan oil to US based company Chevron Corporation. OFAC […]
Venezuelan Union Leader Girot Detained
(Reuters, 19.Nov.2020) — Venezuelan authorities arrested oil workers’ union leader Eudis Girot, other union officials said on Thursday, as the government’s crackdown on dissent at […]
Chevron Eyes Biden To Preserve Venezuela Foothold
(Bloomberg, 18.Nov.2020) — Chevron’s willingness to keep a foothold in oil-rich Venezuela will now be a thorny political issue for President-elect Joe Biden to sort […]
Venezuela Supports Three Month Opec Extension
(Energy Analytics Institute, 17.Nov.2020) — Opec producer Venezuela continues to support a three month extension of production levels of 7.7 million barrels per day. “Venezuela […]
Citgo Reports Third Quarter 2020 Results
(Citgo, 13.Nov.2020) — Citgo Petroleum Corporation’s third quarter results were driven by the economic effects of the Covid-19 pandemic, which affected the refining industry as […]