Tag: PDVSA

• Wednesday, October 21st 2020 - 09:40 UTC

  Venezuelan tanker listing dangerously: fears of a catastrophic spill of 1,3 million barrels of crude

  

  Concerns are growing that an oil tanker carrying millions of gallons of oil could spill its load into the sea between Venezuela and Trinidad and Tobago, causing an ecological catastrophe.

• Wednesday, September 23rd 2020 - 08:44 UTC

  US Asphalt Company pleads guilty to paying bribes to South American leftist governments to win contracts

  

  A major U.S. asphalt company agreed to pay US$16.6 million in fines while pleading guilty Tuesday to federal charges that it paid millions in bribes to officials in Brazil, Ecuador and Venezuela for almost a decade to win lucrative contracts.

• Tuesday, September 22nd 2020 - 08:31 UTC

  Mexican court unfreezes bank account of company blacklisted by US for trading with Venezuela

  

  Mexican court has unfrozen the bank accounts of a local company blacklisted by the United States for trading in oil with Venezuelan state oil firm PDVSA despite US sanctions, Mexico's anti-money laundering unit said.

• Friday, May 1st 2020 - 08:31 UTC

  US looking into Mexican firms involved in oil for food accord with Venezuela

  

  The U.S. State Department, the Treasury Department and the U.S. Embassy in Mexico are investigating at least two Mexican firms involved in an oil-for-food pact signed in 2019 with Venezuela’s government, U.S. officials said.

• Monday, March 9th 2020 - 07:48 UTC

  Mexican company humanitarian swap of corn and water trucks for Venezuelan oil

  

  Venezuela has swapped millions of barrels of crude for supplies of corn and water trucks under an oil-for-food deal struck with a Mexican firm, in an effort to secure imports amid tightening U.S. sanctions, according to the company and export schedules.

• Monday, February 17th 2020 - 08:50 UTC

  Venezuela urgently shipping oil to fuel-short Cuba and its crippled its sugar and tourism industries

  

  Venezuela's state energy firm PDVSA has been shipping more oil this month to close ally Cuba, as tighter U.S. sanctions have worsened fuel shortages on the Caribbean island, according to sources.

• Tuesday, January 28th 2020 - 08:35 UTC

  Maduro prepared to hand over the oil industry to foreign private companies

  

  Venezuelan President Nicolas Maduro is considering selling shares of the country's state-owned oil company, Petroleos de Venezuela SA, in an attempt to recover the country's petroleum industry and its dwindling production.

• Wednesday, October 16th 2019 - 08:10 UTC

  A “ghost ship” smuggling Venezuelan oil probable cause of the massive spill along Brazilian northeast beaches

  

  A huge oil spill off Brazil's northeastern coast may have involved a “ghost ship” carrying Venezuelan oil in breach of US sanctions, a Petrobras expert close to the probe into the disaster said on Tuesday.

• Friday, October 11th 2019 - 09:47 UTC

  Venezuela denies responsibility in the massive oil spill of Brazilian beaches

  

  Venezuela's state oil company PDVSA on Thursday denied accusations by Brazil that it was responsible for a massive oil spill that has polluted beaches on its northeastern Atlantic coast.

• Wednesday, July 31st 2019 - 09:46 UTC

  Maduro and Guaidó desperate: Venezuela on the verge of losing Citgo to an arbitration award

  

  Venezuela could lose its largest U.S. asset after a court allowed a Canadian gold miner to seize shares of Citgo Petroleum Corp.’s parent to satisfy an arbitration award.