Venezuelan 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
Compliance with the production cuts deal is at a record high, but a crude price crash is undermining efforts to steady the market
News ID: 5878 Publish Date : 2019/08/12
The US has issued a blanket prohibition on the sale or transfer of Venezuelan government property in the US, including assets that belong to state-owned PdV .
News ID: 5798 Publish Date : 2019/08/06
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
The US administration today imposed sanctions on Venezuelan state-owned National Development Bank (Bandes) and other financial institutions to protest the arrest yesterday of a top aide to Juan Guaidó, whom Washington recognizes as the country's interim leader.
News ID: 4136 Publish Date : 2019/03/23
A month after the US administration imposed sanctions on Venezuela's national oil company PdV , expectations for a quick power transition in Caracas have faded, leaving Washington to consider its next steps.
News ID: 3786 Publish Date : 2019/03/01
A $1.1bn Venezuelan project to refurbish a mothballed refinery on the Dutch-controlled island of Aruba has derailed because of US sanctions on national oil company PdV .
News ID: 3659 Publish Date : 2019/02/17
Refiners in India are examining their feedstock options after the US announced yesterday that it will impose sweeping sanctions on Venezuela´s state-owned oil company PdV .
News ID: 3486 Publish Date : 2019/01/29
US secretary of state Mike Pompeo today called on Washington's partners to sever ties with sitting Venezuelan president Nicolas Maduro's government. But European powers are urging a pause before recognizing Juan Guaidó as Venezuela's acting president.
News ID: 3442 Publish Date : 2019/01/27
Venezuelan state-owned PdV has nearly exhausted its motor fuel stocks, forcing up to 80pc of the country's more than 2,700 service stations nationwide to suspend sales until further notice, according to four senior officials with the federation of oil unions (FUTPV).
News ID: 2485 Publish Date : 2018/11/02
Venezuelan state-owned PdV paid $949mn in principal and interest on a 2020 bond, the only one of its debt issuances that is not in default, financial sector executives told Argus.
News ID: 2471 Publish Date : 2018/10/29
Light crude supply from Venezuela is driving up throughput at Cuba´s main oil refinery, at no cost to Havana.
News ID: 2464 Publish Date : 2018/10/28
Venezuelan state-owned PdV utilized less than a quarter of the nameplate processing capacity at its main oil refineries in July, reflecting a shrinking pool of domestic feedstock and chronic equipment breakdowns.
News ID: 2330 Publish Date : 2018/10/02