Tag: PDVSA

Friday, February 13th 2026 - 18:53 UTC
US lifts key curbs on Venezuelan oil, clearing Repsol and other majors to operate

Washington has issued new authorizations that allow oil-and-gas-related transactions in Venezuela for companies including BP, Chevron, Eni, Repsol and Shell, in a shift that could unlock stalled projects and settle payments previously constrained by US sanctions.
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Tuesday, January 27th 2026 - 09:55 UTC
Delcy Rodriguez meets Repsol, Chevron and Shell as Venezuela pushes oil law overhaul to draw investment

Venezuela’s acting president Delcy Rodriguez met on Monday in Caracas with representatives of oil companies including Repsol, Chevron and Shell to discuss a hydrocarbons law reform now moving through the National Assembly, as her government seeks to attract private and foreign investment. The meeting took place at PDVSA facilities and forms part of a mandatory public consultation phase after the bill cleared its first legislative debate.
Friday, January 23rd 2026 - 19:29 UTC
Chavismo pushes oil-law reform to open Venezuela’s upstream to private firms

Venezuela’s National Assembly has approved, in a first reading, a reform to the country’s Hydrocarbons Law that would expand private participation in crude production and marketing—an important shift from the long-running “mixed-company” model in which the state held majority stakes. The bill still requires a second reading before it can become law, EFE reported.
Wednesday, January 7th 2026 - 19:05 UTC
PDVSA confirms negotiations with US for crude sales amid post-Maduro energy realignment

Venezuela’s state oil company PDVSA confirmed on Tuesday that it is currently engaged in negotiations with the United States for the sale of crude oil volumes, framing the talks as a strictly commercial transaction.
Wednesday, December 17th 2025 - 21:23 UTC
Venezuela's PDVSA vows to continue global oil exports

Venezuela’s state-owned oil company PDVSA declared Wednesday that its export operations remain fully functional, signaling a defiant stance against a newly announced naval blockade by US President Donald Trump.
Wednesday, December 20th 2023 - 09:55 UTC
Maduro meets with Repsol executives to advance on joint venture

Venezuelan President Nicolás Maduro met Tuesday in Caracas with executives from the Spanish oil company Repsol to further discuss the details of Monday's agreement with the South American country's PDVSA (Petróleos de Venezuela) to reactivate operations as the United States temporarily lifted some sanctions previously imposed on the regime.
Tuesday, March 21st 2023 - 10:10 UTC
Venezuelan oil minister resigns amid corruption scandal

Venezuelan Oil Minister Tareck El Aissami Monday resigned his post on Monday after the opening of a corruption investigation involving the state-owned oil company Petróleos de Venezuela (PDVSA) in which two officials have already been arrested. El Aissami, a powerful ally of President Nicolás Maduro, has been singled out by the United States as an alleged drug lord.
Monday, May 9th 2022 - 19:28 UTC
OPEC Chief visits Venezuela to bolster bilateral ties

OPEC Secretary-General Mohammed Barkindo has visited Venezuela to strengthen bilateral ties between the rich oil-producing South American country, which is one of the 13 countries that make up the Organization of Petroleum Exporting Countries (OPEC).
Tuesday, May 3rd 2022 - 20:18 UTC
Paraguay turns down Venezuelan oil – climate change “an absurdity”

Paraguay is making a statement as its stances on certain issues are being raised above circumstantial conditions that would advise against holding on no matter what to one's convictions.
Monday, May 2nd 2022 - 19:53 UTC
Iranian Petroleum Minister visits Venezuela to deepen bilateral ties

Petroleos de Venezuela SA (PDVSA) CEO Asdrúbal Chávez has met in Caracas with Iran's Petroleum Minister Javad Owji to sign bilateral agreements between two countries heavily damaged by US-imposed sanctions.