Tag: Rafael Ramirez

• Saturday, December 8th 2012 - 03:51 UTC

  Venezuela has until 2016 to adapt to Mercosur tariffs and rules system

  

  Venezuela will adopt the Mercosur common external tariff in four annual stages which are scheduled to conclude in the first half of 2016, according to what was agreed at the summit held Friday in Brasilia and reported by Brazilian diplomatic sources. This was Venezuela’s first summit as a full member of the South American trade and political block.

• 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.

• Thursday, August 16th 2012 - 05:02 UTC

  China soon to become Venezuela’s main trade partner; oil sales soared 60% this year

  

  Venezuelan oil sales to China have jumped by 60% since the start of the year, the country's oil minister said in an interview published on Sunday in the state-run Correo del Orinoco.

• Thursday, July 28th 2011 - 11:32 UTC

  Venezuela remains committed to compensate oil companies, says minister

  

  Venezuela said it remains committed to compensating Exxon-Mobil and Conoco-Phillips for nationalized oil assets, as long as the amount is reasonable and either settle by mutual agreement or set by the World Bank’s arbitration panel.

• Friday, May 13th 2011 - 05:15 UTC

  Power outage knocks out Venezuelan refinery complex, one of the world’s largest

  

  A power fault hit Venezuela's main refinery centre on Thursday, stopping the 310,000 barrel-per-day Cardon facility and partially halting the 645,000-bpd Amuay installation, a source at state oil company PDVSA said.