PDVSA Petróleos de Venezuela SA

Type: Company
Name: PDVSA Petróleos de Venezuela SA (Petróleos de Venezuela S.A)
First reported 1 hour ago - Updated 1 hour ago - 1 reports

Pdvsa confirms "punctual" import of light crude oil

Venezuelan state-run oil company Petróleos de Venezuela (Pdvsa) confirmed that it is importing light crude oil to dilute the extra heavy oil of the Orinoco Oil Belt, the world's largest oil reservoir, now named after late president Hugo Chávez.Pdvsa said ... [Published El Universal Venezuela - 1 hour ago]
First reported 2 hours ago - Updated 2 hours ago - 1 reports

STATOIL ASA : Venezuelan gov't admits it imports light oil to dilute heavy crude

Caracas , Oct 20 (EFE).- Venezuela imports light crude to dilute heavy crude from the Orinoco Belt that "cannot be produced or transported without first being mixed with a hydrocarbon of lower density," state-owned oil giant PDVSA said Monday.The use ... [Published 4 Traders - 2 hours ago]
First reported 3 hours ago - Updated 3 hours ago - 1 reports

Electric Power - Venezuela - Venezuela's PDVSA fixes Anzoátegui thermo plant

Work on the TG-2 turbogenerator unit took 15 days and was carried out by personnel from PDVSA's nearby Puerto La Cruz oil refinery.Award-winning and trusted the world over, Business News Americas is the only English and Spanish business intelligence resource ... [Published Business News Americas - 3 hours ago]
First reported Oct 19 2014 - Updated 12 hours ago - 1 reports

Should Venezuela default?

WThat is why Venezuelan bonds pay over 11 percentage points more than US Treasuries, which is 12 times more than Mexico, four times more than Nigeria, and double what Bolivia pays.Last May, when Venezuela made a $5 billion private placement of 10-year ... [Published Jordan Times - Oct 19 2014]
First reported 17 hours ago - Updated 15 hours ago - 2 reports

EXXON MOBIL : Caracas to pay less than $1bn to Exxon

Venezuela will end up paying less than $1 billion to ExxonMobil for oil assets nationalised in 2007, after World Bank tribunal award, the Venezuelan government said.Venezuela says it will deduct a previous award made against it by another international ... [Published 4 Traders - 15 hours ago]
First reported Oct 19 2014 - Updated Oct 19 2014 - 1 reports

Venezuela’s PDVSA offers to buy a 300,000 bbl catalytic naphtha cargo

Venezuela’s state-run oil company PDVSA is seeking to buy a 300,000 barrel cargo of catalytic naphtha to be received October 29-31 at any of its ports, according to a document seen by Reuters.This is the second catalytic naphtha cargo that PDVSA offered ... [Published Hellenic Shipping News Worldwide - Oct 19 2014]
First reported Oct 18 2014 - Updated Oct 18 2014 - 1 reports

Venezuela Oil & Gas Report Q4 2014 - New Study Released

- New Energy market report from Business Monitor International: "Venezuela Oil & Gas Report Q4 2014"Despite vast upstream potential and ambitious plans of the state-owned oil company PdVSA, we retain a cautious outlook for Venezuela's oil and gas sector. ... [Published PR inside - Oct 18 2014]
First reported Oct 18 2014 - Updated Oct 18 2014 - 1 reports

Venezuela buys two cargos of Russian Urals light crude from Petrochina

Venezuela's state-run oil company Pdvsa bought two cargoes of Russian Urals light crude from a unit of Petrochina to be delivered starting in November at the Isla refinery in Curacao, operated by the Venezuelan oil holding, traders told Reuters on Fr ... [Published El Universal Venezuela - Oct 18 2014]
First reported Oct 16 2014 - Updated Oct 17 2014 - 2 reports

Venezuela Buys Two Russian Crude Cargoes for Curacao Refinery -Sources

Ships at anchor off Curacao By Marianna Parraga HOUSTON, Oct 17 (Reuters) – Venezuela’s PDVSA bought two cargoes of Russian Urals light crude from a unit of Petrochina to be delivered starting in November at the Isla refinery in Curacao operated ... [Published MaritimeSecurity.Asia - Oct 17 2014]
First reported Oct 15 2014 - Updated Oct 16 2014 - 3 reports

Venezuela says it will pay under $1 bn to Exxon over 2007 nationalisation

Sponsored Article16 October 2014On October 9 the World Bank’s ICSID tribunal awarded Exxon Mobil $1.6 billion compensation for its nationalised assets in Venezuela. The case relates to the 2007 takeover of a large heavy crude project in the Orinoco region ... [Published HazardEx - Oct 16 2014]
First reported Oct 15 2014 - Updated Oct 15 2014 - 3 reports

Why Venezuela’s oil policy changed the focus of US oil and gas

Why Exxon Mobil’s win against Venezuelan government matters for US investors (Part 4 of 6)( Continued from Part 3 )Nationalization drive by new regimeVenezuela nationalized its oil industry in the 1970s, creating the state-run oil and natural gas company, ... [Published Yahoo! Finance - Oct 15 2014]
First reported Oct 14 2014 - Updated Oct 15 2014 - 2 reports

Venezuela's PDVSA to import crude from Russia for test run through Curacao refinery

The Isla refinery in CuracaoWILLEMSTAD, Curacao -- Venezuelan state-owned oil company PDVSA plans to import from Russia between 750,000 and 1 million barrels of Urals grade crude to be processed in the 335,000 b/d Isla refinery in Curacao, a PDVSA source, ... [Published Caribbean News Now! - Oct 15 2014]

Quotes

Caracas , Oct 20 (EFE).- Venezuela imports light crude to dilute heavy crude from the Orinoco Belt that "cannot be produced or transported without first being mixed with a hydrocarbon of lower density" state-owned oil giant PDVSA said Monday
...Exxon received $908 million from PDVSA in 2012 after a separate decision by the ICC over the same claim, but had been seeking far more overall. "We're ready. We have no problem finishing up this determination and closing this chapter that became a menace to the economy of our nation" Ramirez added at a news conference...
...for us," Janet Langford Kelly, senior vice president legal general counsel and corporate secretary for ConocoPhillips, said in the press release. "In addition, we continue to look forward to a favorable outcome in the final stage of our ICSID arbitration."
Imports and Exports: Oil exports/imports (` "000b/d value of oil exports/imports (US$mn - BMI base case); Value of oil exports at constant US$50/bbl and constant US$100/bbl (US$mn); Gas exports/imports (bcm), Value of gas exports/imports (US$mn); Value of gas exports/imports at constant US$50/bbl and US$100/bbl (US$mn); Value of petroleum exports/imports (US$mn); Value of petroleum exports/imports at constant US$50/bbl and US$100/bbl (US$mn) BMI Macroeconomic Forecasts"

More Content

All (394) | News (284) | Reports (0) | Blogs (96) | Audio/Video (0) | Fact Sheets (10) | Press Releases (3)
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Pdvsa confirms "punctual" import of light crude... [Published El Universal Venezuela - 1 hour ago]
STATOIL ASA : Venezuelan gov't admits it import... [Published 4 Traders - 2 hours ago]
Electric Power - Venezuela - Venezuela's PDVSA ... [Published Business News Americas - 3 hours ago]
EXXON MOBIL : Caracas to pay less than $1bn to ... [Published 4 Traders - 15 hours ago]
ConocoPhillips Files For Arbitration Against Ve... [Published Texas Lawyer - 17 hours ago]
Should Venezuela default? [Published Jordan Times - Oct 19 2014]
Venezuela’s PDVSA offers to buy a 300,000 bbl c... [Published Hellenic Shipping News Worldwide - Oct 19 2014]
Venezuela Oil & Gas Report Q4 2014 - New Study ... [Published PR inside - Oct 18 2014]
Venezuela buys two cargos of Russian Urals ligh... [Published El Universal Venezuela - Oct 18 2014]
Reservoir conditions, flow regimes challenge me... [Published Offshore oil and gas - Oct 18 2014]
Stock jumps after Pacific Rubiales signs pact f... [Published Business News Network - Oct 17 2014]
Venezuela Buys Two Russian Crude Cargoes for Cu... [Published MaritimeSecurity.Asia - Oct 17 2014]
PDVSA Puts Six Tankers Up for Sale [Published Maritime Executive - Oct 17 2014]
Oil & Gas - Venezuela - Venezuela watch: Tech l... [Published Business News Americas - Oct 17 2014]
Moody's "Does Not Foresee an Impending Venezuel... [Published Latin American Herald Tribune - Oct 17 2014]
Oil price drop fuels Venezuela fears [Published Reuters - Oct 17 2014]
Falling Oil Prices Threaten Venezuelan Economy ... [Published International Business Times - Oct 17 2014]
"Win With CITGO" Promotion Gives Customers Chan... [Published Michigan Live - Oct 17 2014]
“Win With CITGO” Promotion Gives Customers Chan... [Published theCSRfeed - Oct 17 2014]
Russia's Gazprom Expects Oil Price to Plummet b... [Published Moscow Times - Oct 17 2014]
Venezuela's imports of light crude could jump t... [Published Platts - Oct 16 2014]
Oil Slide Puts Venezuela's Maduro Under Pressur... [Published IT Business Net - Oct 16 2014]
Schlumberger Announces Third-Quarter 2014 Resul... [Published Scottrade - Oct 16 2014]
How Wall Street Is Killing Big Oil [Published Yale Global Online - Oct 16 2014]
CITGO Lake Charles Refinery Celebrates 70 Years... [Published Scottrade - Oct 16 2014]
Falling Oil Prices Could Push Venezuela Over Th... [Published Zero Hedge - Oct 16 2014]
Oil slide puts Venezuela's Maduro under pressur... [Published CNBC - Oct 16 2014]
Venezuela says it will pay under $1 bn to Exxon... [Published HazardEx - Oct 16 2014]
Asia Pacific crude weaker; Sokol, Chim Sao prem... [Published Business Recorder - Oct 16 2014]
Don’t Mess With Saudis in Oil Bear Market Globa... [Published Bloomberg - Oct 16 2014]
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Blogs

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Venezuela Buys Two Russian Crude Cargoes for Cu... [Published MaritimeSecurity.Asia - Oct 17 2014]
Ships at anchor off Curacao By Marianna Parraga HOUSTON, Oct 17 (Reuters) – Venezuela’s PDVSA bought two cargoes of Russian Urals light crude from a unit of Petrochina to be delivered starting in November at the Isla refinery in Curacao operated ...
“Win With CITGO” Promotion Gives Customers Chan... [Published theCSRfeed - Oct 17 2014]
SOURCE: CITGO Petroleum Corporation DESCRIPTION: HOUSTON, October 17, 2014 /3BL Media/ – Massachusetts consumers have a chance to Win With CITGO when they visit their neighborhood CITGO location during a pilot promotion running now and ending just ...
Falling Oil Prices Could Push Venezuela Over Th... [Published Zero Hedge - Oct 16 2014]
"There is nothing good to say about the state of Venezuela’s economy, and this isn’t helping," warns Danske's Lars Christensen as tumbling prices for Venezuela’s oil are threatening to choke off funds (oil is 95% of exports) needed to pay debt.. and ...
VLCC Departs Algeria With Venezuela’s First Imp... [Published MaritimeSecurity.Asia - Oct 15 2014]
MT Carabobo (c) MarineTraffic.com/Loizos Nicolaou HOUSTON, Oct 14 (Reuters) – The first tanker of imported crude ever bought by Venezuela has sailed from Algeria in a move to reduce costs by the South American state-run oil company PDVSA, according ...
Venezuela Says To Pay Less Than $1 Billion To E... [Published Clusterstock - Oct 10 2014]
By Andrew Cawthorne and Diego Ore CARACAS (Reuters) - Venezuela will end up paying less than $1 billion to Exxon Mobil Corp for oil assets nationalized in 2007, after this week's World Bank tribunal award, the Venezuelan government said on Friday. ...
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Press Releases

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Fitch: CITGO Sale Precipitates PDVSA CDS Curve ... [Published Fitch Ratings Headlines Corporate - Sep 16 2014]
Fitch Expects to Rate Petroleos de Venezuela, S... [Published Fitch Ratings Headlines Corporate - May 19 2014]
Fitch Solutions: Tighter PDVSA CDS Mirrors Vene... [Published Fitch Ratings Headlines Corporate - May 02 2014]
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