Dutch-controlled Curacao is awaiting Venezuelan 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
India imported in June the highest volume of Venezuelan crude in 21 months, more than double the amount from May and more than 50% higher than in June 2018, Reuters reported on Monday, citing data provided by industry and shipping sources.
News ID: 5656 Publish Date : 2019/08/01
The three most closely watched oil market forecasters are all bracing for a significant upsurge in non-OPEC supply growth in 2019 but differ on the extent that global oil supply will outweigh demand.
News ID: 3651 Publish Date : 2019/02/17
India has asked one buyer of Venezuelan oil to consider paying the South American nation’s national oil company PDVSA in a way that avoids the US financial system, an Indian government source said, after Washington imposed fresh sanctions on Venezuela last month.
News ID: 3650 Publish Date : 2019/02/17
Venezuela's oil minister is in New Delhi this week hoping to convince India's key refiners to buy more of its crude and forge closer ties as the South American nation finds itself internationally isolated after the US imposed crippling sanctions on state-owned PDVSA last month.
News ID: 3618 Publish Date : 2019/02/14
PDVSA began a partial rationing of gasoline at gas stations in certain areas of Venezuela, as many gas stations in Caracas ran out of fuel as customers nervously filled up their tanks in anticipation of shortages, sources said Tuesday.
News ID: 3571 Publish Date : 2019/02/06
European buyers of the heavy crude produced by Venezuela’s PDVSA have put their purchases on hold in anticipation of sanctions against the government in Caracas to be announced by the European Union.
News ID: 3531 Publish Date : 2019/02/03
PetroChina is looking to drop Venezuela’s state-owned oil firm PDVSA as an equity partner in a planned and long-delayed $10-billion oil refinery and petrochemical complex in southern China, Reuters reported on Thursday, quoting executives and an official with the Chinese company and its parent CNPC.
News ID: 3518 Publish Date : 2019/02/02
Venezuela’s state-run oil company PDVSA said on Tuesday its debt fell 5% in 2018 from a year ago to $34.6 billion, though it remains in default on most of its bonds as crude output has slumped to 70-year lows in an economic crisis.
News ID: 3389 Publish Date : 2019/01/24
Venezuela’s crude oil exports to the United States fell in November to their lowest level since January 2003, when a strike knocked down the country’s output, due to sanctions and a steep production decline, according to Reuters data.
News ID: 1642 Publish Date : 2017/12/11
One of China’s biggest state-held companies, Sinopec, is suing Venezuela’s debt-ridden state oil firm PDVSA in a US court over unpaid bills, in a sign that China may be losing patience with its Latin American ally and is changing tone and tactics.
News ID: 1638 Publish Date : 2017/12/11
Venezuela said it will cut 95,000 barrels per day of oil production in the New Year in fulfillment of a producers' deal to reduce global output and strengthen prices.
News ID: 815 Publish Date : 2016/12/30