Tag: Petróleos de Venezuela S.A. (PDVSA)

PDVSA Halts Caribbean Storage, Shipping; Diverts Oil Cargo: Sources, Data Indicate

[ad name=”HTML-68″] [wpedon id=”23995″ align=”left”] CARACAS — Venezuela’s state-run oil company PDVSA suspended oil storage and shipping from its Caribbean facilities following a move by ConocoPhillips to temporarily seize the firm’s assets on four islands, according to a PDVSA source and Reuters data. PDVSA has begun concentrating most shipping in its main crude terminal of […]

OIL INDUSTRY NEWS: Conoco Moves to Take Over Venezuelan PDVSA’s Caribbean Assets

[ad name=”HTML-68″] [wpedon id=”23995″ align=”left”] CARACAS — U.S. oil firm ConocoPhillips has moved to take Caribbean assets of Venezuela’s state-run PDVSA to enforce a $2 billion arbitration award over a decade-oil nationalization of its projects in the South American country, according to three sources familiar with its actions. The U.S. firm targeted facilities on the islands […]

PDVSA WARNED! Venezuela Company Told To Do The Maintenance Or Lose License To Operate In Bonaire, N.A.

[ad name=”HTML-68″] [wpedon id=”23995″ align=”left”] KRALENDIJK — Venezuela’s Petróleos de Venezuela, S.A (PDVSA) could lose its license to operate an oil storage terminal it owns on the Dutch island of Bonaire if it does not soon fulfill maintenance demands by regulators, a government spokeswoman said this week. The terminal is a key part of PDVSA’s logistics […]