All about PDVSA

Oil refinery
By Edition On Thursday, December 6th, 2018

Curaçao selects US company to restart refinery

WILLEMSTAD - Curaçao has selected a US company as the preferred bidder for a long-term contract to run its oil refinery, stepping in before Venezuelan state-owned PdV's lease expires in December 2019. RdK, the More...

Refineria di Korsou
By Edition On Tuesday, December 4th, 2018

RdK selects preferred bidder for long term lease oil refinery

WILLEMSTAD - In a press release, the Refineria di Kòrsou, Curaçao Refinery (RdK) indicated it has selected a preferred bidder, a preferred candidate, to further negotiate for the acquisition and modernization More...

By Edition On Thursday, November 29th, 2018

Court-ordered sale of PdV oil cargo on hold

WILLEMSTAD - The court-ordered auction of a Venezuelan crude cargo in Curaçao has been postponed on a petition filed by the original purchaser, Thai bitumen trader Tipco, according to sources on the island. The More...

By Edition On Wednesday, November 28th, 2018

Curaçao court orders tanker seizure

WILLEMSTAD - The Court of Justice in Curaçao has ordered the confiscation of a Suezmax carrying 380,225 barrels of Boscan crude to pay a PDVSA debt on behalf of creditor Energy Coal, according to sources in Caracas. The More...

Igor Sechin
By Edition On Monday, November 26th, 2018

Rosneft chief rebukes Venezuela oil shipments

WASHINGTON, MEXICO CITY - The head of Russian oil company Rosneft, Igor Sechin, flew to Caracas last week to meet Venezuelan President Nicolas Maduro and complain over delayed oil shipments designed to repay loans, More...

By Edition On Thursday, November 8th, 2018

Prime Minister meets with refinery representatives

WILLEMSTAD - The Prime Minister of Curaçao Eugene Rhuggenaath, who is also responsible for the refinery, met with the management of both Isla and the public company Curaçao Refinery (RdK). The unions representing More...

Oil Refinery
By Edition On Saturday, October 27th, 2018

Curaçao close to finding strategic partner for refinery

WILLEMSTAD - The government of Curaçao is close to signing preliminary agreements with at least two US and European companies to resuscitate its 220,000 b/d Isla oil refinery that has been virtually abandoned by More...

By Edition On Friday, October 26th, 2018

ConocoPhillips gets $345 million in cash and commodities from Venezuela’s PDVSA

HOUSTON - U.S. oil producer ConocoPhillips on Thursday said it received $345 million in cash and commodities last quarter from Venezuelan state oil firm PDVSA under a settlement that came after Conoco seized some More...

oil refinery
By Edition On Wednesday, October 24th, 2018

Union accused PDVSA for problems with refinery

WILLEMSTAD - All the focus is now on the Curaçao Refinery Utilities (CRU) for the problems with the refinery. But according to the STK union, CRU is not the problem. The problem is the Venezuelan State Oil Company More...

By Edition On Monday, October 22nd, 2018

Action oil refinery employees on hold

WILLEMSTAD - It threatened to be chaos for a moment. The staff of the oil refinery was ready to lay down their work as a sign of protest. They cannot accept the fact that the refinery is not operating at the moment. Thanks More...