All about Seizure

Court house
By Edition On Monday, May 14th, 2018
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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...

oil refinery
By Edition On Monday, May 14th, 2018
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Curaçao pressing PdVSA to pay debt, restart refinery

WILLEMSTAD - Curaçao is scrambling to persuade Venezuela’s state-owned PDVSASA to settle a 2 billion dollar arbitration dispute with US independent ConocoPhillips to restart the Isla refinery that has been halted More...

Bullenbaai
By Edition On Friday, May 11th, 2018
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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...

Refinery
By Edition On Friday, May 11th, 2018
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PDVSA moves to protect exports as Conoco seizures weigh

CARACAS, WILLEMSTAD - Venezuela’s PDVSA has halted crude deliveries to a Caribbean refinery ahead of a planned shutdown and changed some trade terms as it moves to protect its oil exports from seizures in a bruising More...

pdvsa
By Edition On Friday, May 11th, 2018
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PDVSA rejected taking of assets by ConocoPhillips

CARACAS, WILLEMSTAD - The Venezuelan oil company reiterated its commitment to resolve the situation through legal channels. The state-owned Petroleos de Venezuela S.A (PDVSA) said on Thursday that it rejects the More...