Tag: PDVSA

• Monday, May 20th 2019 - 09:58 UTC

  Long queues and fuel rationing in oil rich Venezuela; Army sent to “cool” angry tempers

  

  Soldiers oversaw rationing of gasoline at service stations in several parts of Venezuela on Sunday as worsening fuel shortages forced angry drivers to wait for hours to fill their tanks, prompting protests in some areas.

• Saturday, May 18th 2019 - 08:07 UTC

  Angry Venezuelans queue for hours because of gasoline shortage

  

  Drivers queued for hours in towns across Venezuela on Friday as fuel shortages worsened in the country following a plunge in gasoline imports and a stoppage at the nation's second-largest oil refinery.

• Saturday, April 20th 2019 - 09:26 UTC

  Venezuelan opposition prepared to pay US$ 71 million bond interests to save Citgo from seizure by creditors

  

  Venezuela's opposition-controlled National Assembly expects to vote on making a US$71 million bond interest payment when it meets next week, a lawmaker and a member of state-run oil company PDVSA's ad-hoc board of directors said.

• Thursday, April 18th 2019 - 08:33 UTC

  Spain's Repsol suspends swaps of refined products for crude from Venezuela

  

  Spain’s Repsol has suspended its swaps of refined products for crude with Venezuela’s state-run oil company PDVSA, as U.S. officials weigh penalties for foreign firms doing business with Venezuela.

• Friday, April 12th 2019 - 09:48 UTC

  Venezuela ships a million barrels of oil to Cuba despite US sanctions

  

  Venezuela's state-run PDVSA has shipped one million barrels of oil to Cuba days after the United States imposed fresh sanctions on vessels and firms involved in exports to the island in an effort to halt oil trade between the political allies, according to a PDVSA document and tanker tracking data.

• Tuesday, April 9th 2019 - 07:29 UTC

  Venezuela pledges to fulfill its commitments to Cuba despite US sanctions

  

  Venezuela will “fulfill its commitments” to Cuba despite United States sanctions targeting oil shipments from Maracaibo to its ideological ally, Foreign Minister Jorge Arreaza said on Monday.

• Saturday, April 6th 2019 - 09:20 UTC

  US blacklists PDVSA tankers and two companies shipping Venezuelan oil to Cuba

  

  US Vice President Mike Pence announced sanctions on Friday on 34 vessels of Venezuela's state oil company and two companies that ship crude to Cuba as Washington pushes to oust President Nicolas Maduro.

• Saturday, March 16th 2019 - 09:21 UTC

  Venezuelan continued oil fallout presents a challenge for global markets, says IEA

  

  A major advisor to energy producing nations has suggested that the continued fallout from Venezuela could present a “challenge” for global oil markets. The International Energy Agency (IEA) has warned that crude supplies from Venezuela are at risk of falling sharply in the midst of an electricity crisis which has paralyzed the country recently.

• Friday, March 1st 2019 - 13:05 UTC

  Maduro moves PDVSA office to Moscow to avoid sanctions

  

  Venezuelan Vice President Delcy Rodriguez announced at a press conference with Russian Foreign Minister Sergey Lavrov that the central office of state oil company PDVSA in Europe, located in Lisbon, will move to Moscow to guarantee the security of the country's assets abroad, which were delivered to the Venezuelan Parliament in other countries.

• Tuesday, February 26th 2019 - 10:50 UTC

  US imposes more sanctions to Maduro's allies; calls on Mexico and Uruguay to recognize Guaidó as president

  

  The United States targeted Venezuela's government with new sanctions on Monday and called on allies to freeze the assets of its state-owned oil company PDVSA after deadly violence blocked aid from reaching the crisis-hit country during the weekend.