All about Curacao Oil Refinery

By Edition On Tuesday, August 22nd, 2017

Negotiations with Guangdong Zhenrong progressing steadily; possible agreement by the end of the month

WILLEMSTAD - According to the Prime Minister of Curaçao, Eugene Rhuggenaath, the negotiations with the Chinese State Company Guangdong Zhenrong Energy are progressing steadily and the parties have agreed on several More...

oil refinery
By Edition On Friday, June 24th, 2016

Precarious situation at Isla refinery

WILLEMSTAD – The situation in Venezuela is precarious and in certain ways this also has an impact for Curaçao, especially the oil refinery. The situation with the oil supply to be refined here in Curaçao is More...

oil refinery
By Edition On Wednesday, February 24th, 2016

Complaint filed against RdK and CRU

WILLEMSTAD - Fundashon Promove Drechi Humano Curaçao (Curaçao Foundation to Promote Human Curaçao) pressed charges against the public company Refineria di Korsou (Curaçao Refinery) and Curaçao Refinery Utilities More...

By Edition On Monday, January 25th, 2016

Venezuela’s PDVSA says consolidated debt dipped in 2015 to $43.8 bln

CARACAS, WILLEMSTAD - Venezuelan state oil company PDVSA’s consolidated financial debt fell roughly 4.3 percent in 2015 compared with the previous year to around $43.8 billion, the company said on Friday, a figure More...

By Edition On Monday, January 25th, 2016

Independent MP: “Asjes had to go because of Asbestos gate”

WILLEMSTAD – The exact reason why the former Prime Minister of Curaçao, Ivar Asjes had to resign from his post last year August was never clear. According to the Independent MP, Omayra Leeflang, she now believes More...

By Edition On Friday, January 22nd, 2016

There are many things not right at the public company Refineria di Kòrsou (Curaçao Oil Refinery)

WILLEMSTAD – At the public company Refineria di Korsou (Curaçao Oil Company) not only there are serious doubts on the accuracy with which the tender for the asbestos cleanup project has taken place, there is More...

Oil refinery
By Edition On Monday, July 6th, 2015

Dutch Parliament: “Curaçao cannot solve refinery pollution on its own”

THE HAGUE, WILLEMSTAD – The Dutch Parliament has been virtually unanimous about the fact that the Curaçao authorities cannot solve the problems with the Isla refinery on their own. Minister Ronald Plasterk of More...

oil company
By Edition On Monday, January 12th, 2015

Many companies interested in exploring for oil

WILLEMSTAD – There is a petition for a 1 million guilders loan from the public company, Curaçao Oil Refinery (RdK) to be used as seed funding for the new Curaçao Oil and Gas Company (COGC). The request was made More...

By Edition On Thursday, August 21st, 2014

PDVSA financial rating falls from stable to negative. (Fitch S&P, Moody’s)

While it is said that PDVSA continues to generate good financial results, fund capital spending internally and maintains a solid liquidity, the big hovering question remains whether they will be able to fund modernization More...

oil refinery
By Edition On Thursday, May 15th, 2014

Isla refinery in start-up phase after total failure of steam supply

WILLEMSTAD - Due to failure of the entire steam supply from the BOO power last night around eight o’clock, the catcracker and Crude Distiller 3 (CD3 - installation) of the Isla refinery abruptly stalled. This More...