Tag: PDVSA

• Saturday, February 15th 2014 - 05:50 UTC

  Spain's Repsol signs 1.2bn dollars financing deal with Venezuela's PDVSA

  

  Repsol signed a financing deal Friday with Venezuelan state oil company PDVSA that calls for the Spanish energy major to invest 1.2 billion dollars to boost the output of the companies' Petroquiriquire joint venture.

• Wednesday, September 18th 2013 - 06:43 UTC

  China will help Venezuela develop a huge oil field investing 14bn dollars

  

  China’s hydrocarbons company Sinopec and Venezuela’s PDVSA (Petroleos de Venezuela SA) agreed investments to develop the Junin 1 oil field in the Orinoco oil strip, which will demand 14 billion dollars for a daily extraction of 200.000 barrels, said PDVSA president Rafael Ramírez currently in Beijing.

• Saturday, August 31st 2013 - 01:39 UTC

  Falklands’ Argentina banned oil companies linked to YPF partner Chevron

  

  An Argentine lawmaker claims that the US oil corporation Chevron which is investing heavily in developing shale resources in Neuquen with YPF is a partner of Oil Spill Response Limited that is also involved with the oil companies operating in the South Atlantic in Argentine waters but licensed by the Falkland Islands government.

• Saturday, May 18th 2013 - 06:53 UTC

  Venezuelan oil monopoly in joint ventures with Chevron and China Petroleum

  

  PDVSA, Venezuela’s government oil and gas giant will allow joint ventures with China National Petroleum Corp. and Chevron Corp. to manage 6 billion dollars in loans designed to revert oil output declines, said a PDVSA official.

• Tuesday, May 14th 2013 - 23:13 UTC

  Venezuela net importer of gasoline in 2012 because of Amuay refinery fire

  

  Venezuela in 2012 became a net importer of gasoline as a result of escalating problems at its refineries and increasing demand for fuel in its internal market, joining a growing list of countries that struggle with fuel supplies despite ample oil reserves.

• Friday, March 8th 2013 - 07:22 UTC

  Iranian president will attend Chavez funeral ceremony on Friday

  

  Iranian President Mahmoud Ahmadinejad is expected in Caracas early Friday on time to pay tribute to his late Venezuelan counterpart, Hugo Chavez, who died earlier this week after a two-year battle with cancer. Ahmadinejad left Tehran for Caracas on Thursday.

• Thursday, September 27th 2012 - 18:20 UTC

  Venezuela to increase oil sales to India on a 15-year supply contract

  

  Venezuela will hike the amount of oil it is sending to India's Reliance Industries and signed a new 15-year supply contract with the company, Oil Minister Rafael Ramirez announced this week.

• Monday, September 17th 2012 - 05:37 UTC

  Venezuela and Argentina sign 24 agreements in the oil-food industries

  

  Venezuela and Argentina signed three institutional agreements and 24 among corporations during the two-day First Meeting for the Venezuela-Argentina Petro-industrial development with the purpose of intensifying trade, investment and cooperation between the two countries.

• Thursday, August 30th 2012 - 04:25 UTC

  Venezuelan refinery ‘cooling down’; independent report points to serious lack of maintenance

  

  Venezuela is carrying out an “exhaustive” inspection of its biggest refinery before attempting to restart processing after extinguishing a four-day fire yesterday caused by an explosion that killed 48 people and left hundreds homeless.

• Monday, August 27th 2012 - 04:21 UTC

  Venezuela’s biggest refinery fire and explosion kills 41, hundreds injured

  

  Venezuela's biggest refinery is on track to restart within two days, the Energy minister said on Sunday, a day after an explosion and fire there killed 41people in one of the global oil industry's deadliest accidents.