All about PDVSA

pdvsa-venezuela-benzine
By Edition On Monday, March 27th, 2017
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Venezuela increased fuel exports to allies even as supply crunch loomed

CARACAS - A gasoline shortage in OPEC member Venezuela was exacerbated by an increase in fuel exports to foreign allies such as Cuba and Nicaragua and an exodus of crucial personnel from state-run energy company More...

NS-Columbus-Statia-St.-Eustatius
By Edition On Friday, March 17th, 2017
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PDVSA allowed to pump oil out of chained tanker

PHILIPSBURG – A disputed load of oil of Venezuela’s state oil company PDVSA, which is currently on board of crude oil tanker NS Columbus near St. Eustatius, will have to be pumped out and stored in a bunker More...

Titanium-Explorer
By Edition On Monday, March 13th, 2017
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Order for Venezuela to pay Exxon $1.4 bln in damages overturned

CARACAS - A World Bank tribunal’s order for Venezuela to pay $1.4 billion in damages to Exxon Mobil Corp over nationalizations has been annulled, a lawyer for the Venezuelan government said on Thursday. The case More...

PDVSA
By Edition On Thursday, March 9th, 2017
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PDVSA and 10 shipping companies in court over load of oil

PHILIPSBURG - Legal representatives of Venezuelan state oil company PDVSA and ten shipping companies in Liberia squared off in an injunction in the Court of First Instance in St. Maarten. Under dispute is an oil More...

pdvsa
By Edition On Tuesday, February 14th, 2017
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Venezuela delays crude shipments

HOUSTON - Venezuelan state oil company PDVSA has delayed and cancelled crude deliveries to commercial partners in recent months, according to documents seen by Reuters, a further sign of the steady production decline More...

pdvsa
By Edition On Friday, February 10th, 2017
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Venezuela falls behind on oil-for-loan deals with China, Russia

Venezuela’s state-run oil company, PDVSA, has fallen months behind on shipments of crude and fuel under oil-for-loan deals with China and Russia, according to internal company documents reviewed by Reuters. The More...

Maduro
By Edition On Friday, February 3rd, 2017
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PdVSA default ready to ‘Make Venezuela worse again’

CARACAS - Nicholas Maduro is about to make Venezuela worse again.  According to Fitch Ratings, Venezuela's oil firm, and the Socialist Party of Venezuela's (PSUV) only viable printing press, is on the cusp of default. Fitch More...

oil refinery
By Edition On Wednesday, February 1st, 2017
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40 y Lease agreement between Curacao refinery & Chinese company Guangdong Zhenrong (GZE)

On November 2016, a “Heads of Agreement” was signed between GZE (Guangdong Zhenrong) a commodity trader and the x government of Curacao under x PM Ben Whiteman to finance, modernize and operate its refinery More...

Venezuela's President Nicolas Maduro speaks during a news conference at Miraflores Palace in Caracas
By Edition On Tuesday, January 31st, 2017
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Venezuela names new leaders at oil firm PDVSA to ‘defeat corruption’

CARACAS (Reuters) - Venezuela's president on Sunday created an executive vice president post and named new vice presidents to lead PDVSA in what he described as a shake-up of the state oil company and an effort More...

Tankers
By Edition On Monday, January 30th, 2017
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No cash: PDVSA tankers stuck off Venezuela

WILLEMSTAD - More than 4 million barrels of Venezuelan crude oil and fuels are stuck in tankers in the Caribbean because Venezuela’s state-run oil firm cannot afford to pay for cleaning dirty tankers and port More...