Curacao’s Isla refinery working at minimum, awaits Venezuelan crude
WILLEMSTAD - The Isla refinery operated by state-run oil firm PDVSA is working at minimum capacity while awaiting new shipments of Venezuelan crude PDVSA’s operations this year have been mired by problems ranging More...
Venezuela eyes first-ever refining of foreign oil
HOUSTON - Venezuela is considering refining foreign crude for the first time to produce fuels, the latest sign of the country's strain to meet its obligations despite having the world's largest crude reserves. State-run More...
Curaçao can look for a partner to help Isla in the short term
WILLEMSTAD - Curaçao is looking for an oil partner that can operate the refinery until the end of 2019. This can guarantee the delivery of oil and keep the refinery running. The Venezuelan State Oil Company, which More...
Wiels: “These accusations against me are politically motivated!”
WILLEMSTAD - During a press conference, the former Chairman of the Multi-disciplinary Project Team (MDPT), Werner Wiels broke his silence about the current situation surrounding his person and the organization. More...
PdVSA guarantees oil to the islands
CARACAS, WILLEMSTAD - The Venezuelan State Oil Company PdVSA guarantees delivery of crude oil via Petrocaribe. The message comes from the Venezuelan minister of energy, also director of PdVSA, who received a trade More...
Meeting between Prime Minister Rhuggenaath and ConocoPhillips
WILLEMSTAD - Prime Minister Eugene Rhuggenaath, during a meeting this morning with the American company ConocoPhillips, stated that his government’s primary responsibility is the welfare of the people. For this More...
Court of Justice rules in favor of ConocoPhillips seizing Venezuelan oil assets
WILLEMSTAD - The Court of Justice in Curaçao has authorized the local subsidiary of U.S. oil giant ConocoPhillips to seize $636 million worth of assets held on the island by Venezuela’s state oil company, PDVSA. The More...
Bailiff wants to know how much is in the tanks at Bullen Bay
WILLEMSTAD - The bailiff went to Bullen Bay yesterday for a stock update. He wanted to know how much fuel was stored in the tanks because of the claim from ConocoPhillips. The Americans demand 2 billion dollars More...
Update: New attachment order by Conoco expected in Curaçao in coming days
WILLEMSTAD - ConocoPhillips is expected to renew an effort to temporarily take control of Venezuela’s PDVSA oil inventories at the 335,000-barrel-per-day Isla refinery in Curaçao in the coming days, according More...
Conoco moves to take over Venezuelan PDVSA’s Caribbean assets
HOUSTON - U.S. oil firm ConocoPhillips has moved to take Caribbean assets of Venezuela’s state-run PDVSA to enforce a $2 billion arbitration award over a decade-oil nationalization of its projects in the South More...
