News

Venezuela oil company PDVSA readies return to work under previous US terms
Venezuela's state-run oil company PDVSA is getting ready to resume work at its joint ventures under terms similar to ...
Trump quietly renews Chevron's license in Venezuela, marking shift in U.S. policy
In a marked shift in U.S. policy toward Venezuela, the Trump administration has quietly approved a new license allowing oil ...
Digital Journal7y
PDVSA, Venezuela’s oil gem far from its golden age
A pillar of Venezuela's economy, PDVSA was in its heyday one of the five top oil companies on the planet. The state-owned enterprise has now failed to ...
Metro US7y
Paralysis at PDVSA: Venezuela’s oil purge cripples company
By Alexandra Ulmer and Marianna Parraga CARACAS/HOUSTON (Reuters) – Decisions at some joint ventures with foreign firms are delayed. A growing number of oil tankers sit idle because no one ...
ABC News13y
Venezuela's PDVSA oil company is bloated, 'falling apart'
— -- La VICTORIA, Venezuela — Beatriz Rodriguez sits in a long line under a sweltering sun, waiting for state oil company Petróleos de Venezuela to deliver cylinders of natural gas she ...
Wall Street Journal11y
Venezuela's PdVSA to Sell $5 Billion in 2024 Bonds - WSJ
CARACAS—State energy giant Petróleos de Venezuela, or PdVSA, will raise $5 billion through a private sale of 10-year bonds to the South American country's public banking sector, the company ...
Metro US3y
Exclusive-Venezuela swapped PDVSA oil for food, then punished the ...
CARACAS (Reuters) -With U.S. sanctions spooking key oil buyers and depriving its government of cash, Venezuela last year inked a deal with a little-known ...
Devdiscourse4d
U.S. Considers Loosening Sanctions on PDVSA for Chevron
The U.S. government is evaluating the possibility of authorizing Chevron and potentially other European partners of PDVSA to operate in Venezuela, marking a potential policy shift. This comes as the U ...