Negotiations with Guangdong Zhenrong progressing steadily; possible agreement by the end of the month
WILLEMSTAD - According to the Prime Minister of Curaçao, Eugene Rhuggenaath, the negotiations with the Chinese State Company Guangdong Zhenrong Energy are progressing steadily and the parties have agreed on several More...
Precarious situation at Isla refinery
WILLEMSTAD – The situation in Venezuela is precarious and in certain ways this also has an impact for Curaçao, especially the oil refinery. The situation with the oil supply to be refined here in Curaçao is More...
Complaint filed against RdK and CRU
WILLEMSTAD - Fundashon Promove Drechi Humano Curaçao (Curaçao Foundation to Promote Human Curaçao) pressed charges against the public company Refineria di Korsou (Curaçao Refinery) and Curaçao Refinery Utilities More...
Venezuela’s PDVSA says consolidated debt dipped in 2015 to $43.8 bln
CARACAS, WILLEMSTAD - Venezuelan state oil company PDVSA’s consolidated financial debt fell roughly 4.3 percent in 2015 compared with the previous year to around $43.8 billion, the company said on Friday, a figure More...
Independent MP: “Asjes had to go because of Asbestos gate”
WILLEMSTAD – The exact reason why the former Prime Minister of Curaçao, Ivar Asjes had to resign from his post last year August was never clear. According to the Independent MP, Omayra Leeflang, she now believes More...
There are many things not right at the public company Refineria di Kòrsou (Curaçao Oil Refinery)
WILLEMSTAD – At the public company Refineria di Korsou (Curaçao Oil Company) not only there are serious doubts on the accuracy with which the tender for the asbestos cleanup project has taken place, there is More...
Dutch Parliament: “Curaçao cannot solve refinery pollution on its own”
THE HAGUE, WILLEMSTAD – The Dutch Parliament has been virtually unanimous about the fact that the Curaçao authorities cannot solve the problems with the Isla refinery on their own. Minister Ronald Plasterk of More...
Many companies interested in exploring for oil
WILLEMSTAD – There is a petition for a 1 million guilders loan from the public company, Curaçao Oil Refinery (RdK) to be used as seed funding for the new Curaçao Oil and Gas Company (COGC). The request was made More...
PDVSA financial rating falls from stable to negative. (Fitch S&P, Moody’s)
While it is said that PDVSA continues to generate good financial results, fund capital spending internally and maintains a solid liquidity, the big hovering question remains whether they will be able to fund modernization More...
Isla refinery in start-up phase after total failure of steam supply
WILLEMSTAD - Due to failure of the entire steam supply from the BOO power last night around eight o’clock, the catcracker and Crude Distiller 3 (CD3 - installation) of the Isla refinery abruptly stalled. This More...
