Venezuela n state-owned Bauxilum has suspended bauxite and alumina production, the latest casualty of unstable power supply, mismanagement and a lack of imported materials.
News ID: 7032 Publish Date : 2019/10/29
The trustees of a controversial bond issued by Venezuela 's state-owned PdV have been thrust into a political struggle for control of the country's most valuable overseas asset, US refiner Citgo.
News ID: 7027 Publish Date : 2019/10/29
Venezuela n state-owned PdV is currently importing about 60,000 b/d of gasoline, a fraction of normal demand that its broken refineries are no longer able to meet, according to an internal oil ministry report obtained by Argus.
News ID: 6994 Publish Date : 2019/10/16
Venezuela recovered some crude production over the first three weeks of October as state-owned PdV freed up storage mainly in eastern Venezuela by shipping over 6mn bl of crude and products to Cuba, multiple PdV officials tell Argus.
News ID: 6897 Publish Date : 2019/10/23
Chile's government is struggling to quell another day of violence and looting that have shaken Latin America's most stable economy.
News ID: 6801 Publish Date : 2019/10/20
Venezuela 's self-declared interim government has expanded its nominal administrative authority over the national oil industry with the naming of a parallel board of directors in exile that will hold its first meeting today.
News ID: 6734 Publish Date : 2019/10/18
Venezuela 's main political opposition is pushing for a deal with foreign bondholders to suspend a looming $914mn obligation linked to state-owned oil firm PdV's coveted US refining assets.
News ID: 6717 Publish Date : 2019/10/18
ExxonMobil is banning the use of any ship that has visited Venezuela in the last year to fulfill future crude shipments, a move that could effectively sideline hundreds of tankers from working for the company.
News ID: 6713 Publish Date : 2019/10/18
Venezuela 's main political opposition is pressing for a deal with foreign bondholders to suspend a looming $914mn obligation that is tethered to coveted US refining assets.
News ID: 6685 Publish Date : 2019/10/17
Venezuela 's opposition-controlled National Assembly signaled to bondholders today that it will not honor a $914mn principal and interest obligation because it says the debt issuance is unconstitutional.
News ID: 6671 Publish Date : 2019/10/15
Venezuela is denying that it is the source of an oil spill spread across 2,000km (1,242mi) of Brazilian coastline.
News ID: 6620 Publish Date : 2019/10/11
Venezuela n state-owned PdV is preparing to sign a barter agreement with Swiss contractor Sulzer to repair its refineries in exchange for the supply of fuel oil, asphalt and petroleum coke, according to presidential palace, oil ministry and PdV officials in Venezuela .
News ID: 5946 Publish Date : 2019/08/15
The US has issued a blanket prohibition on the sale or transfer of Venezuela n government property in the US, including assets that belong to state-owned PdV.
News ID: 5798 Publish Date : 2019/08/06
The Trump administration on Friday renewed Chevron Corp’s license for three months to drill for oil in Venezuela despite sanctions, a compromise between officials seeking maximum pressure to oust socialist President Nicolas Maduro and those favoring a longer renewal for the company.
News ID: 5523 Publish Date : 2019/07/28
Spanish integrated firm Repsol received a further shipment of crude from Venezuela 's state-owned PdV in July to cover outstanding receivables due from its Cardon IV gas joint venture with Italy's ENI in July.
News ID: 5452 Publish Date : 2019/07/24
South Ossetia’s Minister of Foreign Affairs Dmitry Medoyev voiced the autonomous region’s willingness to boost relations with Iran in all spheres.
News ID: 5418 Publish Date : 2019/07/23
Venezuela exported around 860,000 b/d of crude in June plus 90,000 b/d in other liquids including diluent and fuel oil, officials of state-owned oil company PdV tell Argus.
News ID: 5200 Publish Date : 2019/07/15
Crude and condensate in long-term floating storage hit its highest since August 2017 in May at 24 million barrels, as US sanctions against Venezuela and Iran hindered the ability of the OPEC members to export, data from analytics firm Vortexa showed.
News ID: 4882 Publish Date : 2019/06/23
Saudi Arabia’s top oil official said he was sure that OPEC+ will extend production cuts into the second half of the year after holding talks with Russia.
News ID: 4780 Publish Date : 2019/06/09
The oil market is expected to be in balance toward the end of 2019, as global inventories fall and demand remains strong, but OPEC’s job is not done yet, Kuwait’s oil minister told Reuters.
News ID: 4675 Publish Date : 2019/05/30