The latest botched effort to oust Venezuela n president Nicolas Maduro has dealt a harsh blow to the US-backed political opposition's ambitious plans to install an interim government and reinvigorate the Opec member's oil sector.
News ID: 9342 Publish Date : 2020/05/06
The US is rethinking the premise behind its earlier decision to allow Chevron and other US and international firms to continue their presence in Venezuela , as it steps up the pressure of sanctions designed to force Venezuela n president Nicolas Maduro to step down.
News ID: 9179 Publish Date : 2020/04/16
The US government would suspend oil sanctions on Venezuela in the early stages of a political transition plan that was to be laid out by senior US officials this morning.
News ID: 8983 Publish Date : 2020/03/31
Iran and Libya — two of the three Opec member states exempt from the production agreement — have different opinions on the need to extend or deepen the cuts.
News ID: 8575 Publish Date : 2020/03/04
The opposition-controlled US arm of Venezuela n state-owned PdV struck a deal with Aruba's government to transfer operation of a dormant refining asset inherited from its Caracas-based parent.
News ID: 8538 Publish Date : 2020/03/02
Venezuela 's opposition-run parallel administration is close to an agreement with Aruba to suspend a lease on oil assets managed by Citgo Petroleum, the US refining subsidiary of Venezuela n state-owned PdV.
News ID: 8319 Publish Date : 2020/01/23
Bolivia's interim government is accusing Venezuela 's state-owned PdV of funneling cash to exiled former president Evo Morales to destabilize his estranged country.
News ID: 8284 Publish Date : 2020/01/10
The US Congress will allocate $400mn in humanitarian aid for Venezuela and additional funds to boost the opposition-controlled National Assembly's authority as part of a $1.4 trillion spending package for US fiscal year 2020.
News ID: 8000 Publish Date : 2019/12/18
Creditors carried out a rare court-ordered auction of Venezuela n crude in Dutch-controlled Curacao, where Venezuela 's national oil company PdV usually succeeds in settling debt-related claims on its assets.
News ID: 7945 Publish Date : 2019/12/13
Dutch-controlled Curacao is awaiting Venezuela n state-owned PdV's response to a draft proposal to continue operating the Isla refinery and Bullen Bay terminal until a new operator is lined up.
News ID: 7901 Publish Date : 2019/12/09
Venezuela 's US refining subsidiary Citgo increased light crude processing and fuel exports in the third quarter, the company said today.
News ID: 7798 Publish Date : 2019/12/06
ExxonMobil is awaiting regulatory approval for a 31-well exploration program over three blocks.
News ID: 7780 Publish Date : 2019/12/04
Venezuela 's state-owned PdV struck a preliminary agreement with Curacao to hang on to the Isla refinery and Bullen Bay terminal for a transition period of up to one year after its lease expires at the end of December.
News ID: 7693 Publish Date : 2019/12/02
Venezuela 's state-owned PdV is shipping petroleum coke to Cuba to reduce stockpiles of the oil byproduct at the 940,000 b/d CRP refining complex in Falcon state, according to multiple company officials.
News ID: 7588 Publish Date : 2019/11/27
Venezuela plans to finish paying off oil-backed debt to Russia's state-controlled Rosneft by March 2020, opening the way to generate cash revenue and appeal for upstream investment from Moscow.
News ID: 7312 Publish Date : 2019/11/08
Oilfield services company Baker Hughes said its facilities that were seized yesterday by a local mayor in Zulia state for alleged municipal tax evasion have returned to regular operations.
News ID: 7310 Publish Date : 2019/11/09
Venezuela 's state-owned PdV is making a another bid to extend its operating lease for a refinery and deepwater terminal in the Dutch-controlled island of Curacao.
News ID: 7293 Publish Date : 2019/11/05
Bogota, 4 November (Argus) ? A group of bondholders is urging the White House to untie its hands in an increasingly acrimonious struggle with Venezuela 's political opposition over US refiner Citgo, the Opec country's most valuable international asset.
News ID: 7229 Publish Date : 2019/11/04
Spanish integrated firm Repsol further reduced its exposure to its upstream business in Venezuela in the third quarter thanks to a small provision and a rise in crude receipts from the country.
News ID: 7118 Publish Date : 2019/11/04
According to a recent report, CVG Bauxilum, Venezuela state-owned bauxite and alumina producer, has suspended its bauxite and alumina production due to a lack of imported materials, stable power supply, and mismanagement.
News ID: 7034 Publish Date : 2019/10/30