PDVSA seeks to restart refinery before the end of its lease

WILLEMSTAD - Petróleos de Venezuela SA is trying to restart the refiner and operate it for a final year before the lease expires and is transferred to another operator, probably to Motiva Enterprises LLC, owned by Saudi Aramco. The refinery and its terminal, which were once key to Venezuela's strategy to increase oil production to 6 million barrels More...

CRU operational again before the holidays
WILLEMSTAD – In a press release, the Curaçao Refinery Utilities, better known as CRU, announced that it will be operational again for the holidays and can again supply utilities to the Isla refinery. Work on More...

Rhuggenaath wants emergency law to circumvent bureaucracy
WILLEMSTAD - The government of Eugene Rhuggenaath wants a special mandate from the Parliament of Curaçao to boost the economy. The bureaucracy must be circumvented through ministerial regulations. The Emergency More...

Central Bank of Curaçao and Sint Maarten announces a new bond issue on behalf of the government of the country of Curaçao
WILLEMSTAD - On Friday, January 11, 2019, there will be a bond issue on behalf of the country of Curaçao. The bond will have a semi-annual coupon as follows: NAf 69,100,000 bond with duration of 30 years. Interest More...

UNCR presents plan for Venezuelan refugees
NEW YORK - 95 organizations from 16 countries have presented a large-scale plan to deal with the flow of refugees from Venezuela. This is according to the United Nations High Commissioner for Refugees (UNCR) who More...

São Paulo and Curaçao now connected with direct flights
Curaçao’s beaches and diversity are now closer to the Brazilian traveler. Weekly Sunday flights between São Paulo and Curaçao, starts December 16. WILLEMSTAD - The inaugural flight from São Paulo to Curaçao More...

Motiva Enterprises preliminary picked to run Curacao refinery
WILLEMSTAD, HOUSTON - Motiva Enterprises has preliminarily been chosen by the government of Curacao to operate the 335,000-barrel-per-day Isla refinery, replacing Venezuela’s state-run PDVSA. The refinery has More...

Four creditors were against agreement InselAir
WILLEMSTAD - Four InselAir creditors voted against the agreement with InterCaribbean. This can be deduced from the official report of the creditors' meeting. It concerned creditors who all get only a small part More...

The Hague cannot ignore refugees from Venezuela
THE HAGUE, WILLEMSTAD – According to the Members of the First Chamber (Senate) of the Dutch Parliament, Tineke Strik and Frits Lintmeijer, it is time that the Netherlands commits itself to the protection of refugees More...

Rhuggenaath meets General Secretary CARICOM
WILLEMSTAD - According to Prime Minister Eugene Rhuggenaath yesterday was a historic day for Curacao. More than six years after Curaçao presented itself as an associate member for the Caribbean Community (CARICOM) More...