All about PDVSA

PDVSA
By Edition On Monday, August 20th, 2018
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Curaçao relieved: seizure of Venezuelan state oil company lifted

WILLEMSTAD - Curaçao is relieved by the fact that the American oil company ConocoPhillips has lifted all the seizures at the refinery operated by the Venezuelan state-owned oil company PDVSA on the island. The More...

ConocoPhilips-Offices
By Edition On Monday, August 20th, 2018
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ConocoPhillips announces $2B settlement with Venezuela’s PDVSA

HOUSTON, CARACAS - ConocoPhillips said it reached a settlement with Venezuela's PDVSA state-owned oil company to recover ~$2B, the full amount awarded by an arbritral tribunal convened under the rules of the More...

Maduro12
By Edition On Wednesday, August 15th, 2018
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Venezuelan president implicated in US investigation of €160 million laundered through Malta

MIAMI - Venezuelan President Nicolás Maduro has been implicated in an American investigation for having laundered some €160 million through an unnamed Maltese private investment firm, according to a Homeland More...

PDVSA
By Edition On Monday, August 13th, 2018
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Is Venezuelan oil production falling even faster than expected?

The bad news from Venezuela continues. In July, Venezuela’s oil production came in lower than PDVSA had targeted, according to Argus Media. While PDVSA had hoped that it, along with its joint venture partners, More...

PDVSA
By Edition On Thursday, August 9th, 2018
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Venezuela dodges oil asset seizures with export transfers at sea

CARACAS, WILLEMSTAD - Venezuela’s state-run oil company PDVSA has limited the damage from an unprecedented slump in crude exports by transferring oil between tankers at sea and loading vessels in neighboring More...

pdvsa
By Edition On Wednesday, August 8th, 2018
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RdK to sign MoU with potential strategic partner Isla refinery soon

WILLEMSTAD - The public company Refineria di Korsou (RdK), the Curaçao Refinery indicated that it soon wants to sign a Memorandum of Understanding with one of the eight potential strategic partners selected so More...

Oil Refinery
By Edition On Friday, August 3rd, 2018
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Restart production oil refinery only after cleaning

WILLEMSTAD - The production of the oil refinery Isla can only be restarted when the waste is removed from the chimneys. This is according to an explanation given by the spokesperson of the Refineria di Korsou Earl More...

oil-refinery
By Edition On Thursday, August 2nd, 2018
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Update: Workers at Curacao’s Venezuela-run refinery end brief strike

WILLEMSTAD - Workers at the Isla refinery operated by Venezuelan state-run oil firm PDVSA staged a brief strike on Wednesday to demand information about their job security, but the refinery and a worker said the More...

Oil refinery
By Edition On Wednesday, August 1st, 2018
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Workers at oil refinery begin strike

WILLEMSTAD - Workers at Curacao'sIsla refinery operated by Venezuelan state-run oil firm PDVSA began a strike on Wednesday to demand information about the refinery's future. The strike's impact is likely to be More...

pdvsa-office
By Edition On Thursday, July 26th, 2018
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Ex-Julius Baer wealth manager arrested in Miami in PDVSA affair

MIAMI - A private banker who until last month was one of Julius Baer Group Ltd.’s wealth managers for Venezuela has been arrested for his alleged role in a billion-dollar scheme to launder funds from the nation’s More...