Petróleos de Venezuela SA

Type: Company
Name: Petróleos de Venezuela SA (Petróleos de Venezuela S.A)
First reported 13 hours ago - Updated 13 hours ago - 1 reports

You know things must be bad in Venezuela when ...

(Miguel Gutierrez/AFP/)LIMA, Peru — Imagine filling your car tank with gas for less than it costs to fill your tires with air.Welcome to the craziest economy in the Western Hemisphere, Venezuela, where a huge fossil fuel windfall — and, critics claim, ... [Published GlobalPost - 13 hours ago]
First reported 23 hours ago - Updated 23 hours ago - 1 reports

Oil & Gas - Venezuela - Venezuela watch: Offshore platform, smuggling, water disposal, embezzlement

The primary offshore platform of the Urdaneta gas project is set to arrive by end-September; authorities confiscate contraband oil products; PDVSA completes testing of water disposal projects and another former director of the China-Venezuela fund is ... [Published Business News Americas - 23 hours ago]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

Latin America Poses Security Challenge to US

The multiple crises faced by the United States, such as the Gaza crisis, the expansion of the Islamic State of Syria (ISIS), the Levant in Iraq and Syria, and the Russian takeover of the Crimea as well its offensive in Eastern Ukraine, have pushed Latin ... [Published NewsMax.com - Aug 19 2014]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

Venezuelan Oil Prices Fall

Venezuela announced that its oil prices for the week ending August 15 fell to the lowest level since June 2012 . . . the average price of crude sold by Petroleos de Venezuela was $91.93, down $0.27 from the previous week . . . it is the third straight ... [Published Lignet - Aug 19 2014]
First reported Aug 18 2014 - Updated Aug 19 2014 - 2 reports

Latin American Herald Tribune - Pemex Looks at Possible Alliances with Foreign Oil Companies

MEXICO CITY State-owned oil giant Petroleos Mexicanos (Pemex) has had contacts with about 80 foreign energy companies about possible oil exploration and production partnerships, media reports said.Pemex Exploracion y Produccion (PEP) chief Gustavo Hernandez ... [Published DailyMe.Com - Aug 19 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

Priority sectors face distortions amid economic controls in Venezuela

The Venezuelan government has not managed to correct the distortions resulting from lingering foreign exchange and price controls. The serious difficulties to obtain foreign currency are increasingly hitting production capacity and jeopardizing the supply ... [Published El Universal Venezuela - Aug 18 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

Venezuela's Perla offshore natural gas project 69% complete: PDVSA

Venezuela's Perla offshore natural gas project -- which is owned bystate-owned PDVSA, ENI of Italy and Repsol of Spain -- is now more thantwo-thirds complete, a PDVSA official said Monday.The first phase of Perla, which aims to add 150,000 Mcf/d to V ... [Published Platts - Aug 18 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

Venezuela launches DTT oil channel

Continuing its expansion of DTT programming, Venezuela's Television Digital Abierta is to air a network focused on the oil business. Pdvsa TV will start broadcasting three hours a day and aims to inform viewers about Venezuela's main industry and how ... [Published Rapid TV News - Aug 18 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

Pemex looks at possible alliances with foreign oil companies

State-owned oil giant Petroleos Mexicanos, or Pemex, has had contacts with about 80 foreign energy companies about possible oil exploration and production partnerships, media reports said. Pemex Exploracion y Produccion, or PEP, chief Gustavo Hernandez ... [Published Individual.com - Aug 18 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

Highway to nowhere

A "package" that includes increases in utility rates and gasoline prices, and macro devaluations has been put into motion. Any devaluation, depending on its magnitude, throws one or two million people into poverty. In the past, Venezuelan was one of the ... [Published El Universal Venezuela - Aug 18 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

CHINA CITIC BANK : PDVSA switches bank

Venezuela's state-run oil company PDVSA has started using China Citic Bank to collect money from crude and fuel sales instead of Portugal's Banco Espirito Santo , according to a company document seen by Reuters.PDVSA told buyers this week that payments ... [Published 4 Traders - Aug 18 2014]
First reported Aug 13 2014 - Updated Aug 13 2014 - 2 reports

PDVSA picks bank to help dump Citgo

CARACAS, Venezuela, Aug. 13 (UPI) -- Venezuela's state-owned oil company has hired a French bank to help offload Citgo, its U.S. downstream entity, an executive at the company said.A senior official at state-owned Petroleos de Venezuela , known by its ... [Published UPI - Aug 13 2014]

Quotes

"There has to be a discussion [about raising gas prices]. It is cheaper to fill a tank than to buy a cigarette" Oil Minister Rafael Ramirez said recently of Venezuelan politics’ third rail
...He is the author of " Latin America in the Post-Chavez Era: The Threat to U S Security." Fleischman is an adjunct professor of sociology and political science at Florida Atlantic University Honors College and FAU Lifelong Learning Societ...
"Based on our assessment, we do not expect any surprises in the results of the economic activity" explains the firm in its latest report. Ecoanalítica forecast a 3-3.5% decline in GDP in the first quarter
"The government needs to devaluate, unify the foreign exchangeexchange rate, increase prices and fuel prices, dry liquidity, and then grant direct subsidies on food staples to the low-income sector (...). The State should afford the costs so that companies can produce. Money is needed for this, and they can only get it either by selling Citgo or increasing the price of gasoline" the economist explained

More Content

All (381) | News (264) | Reports (0) | Blogs (103) | Audio/Video (0) | Fact Sheets (10) | Press Releases (3)
sort by: Date | Relevance
You know things must be bad in Venezuela when ... [Published GlobalPost - 13 hours ago]
Oil & Gas - Venezuela - Venezuela watch: Offsho... [Published Business News Americas - 23 hours ago]
Latin America Poses Security Challenge to US [Published NewsMax.com - Aug 19 2014]
Venezuela's cash reserves take a 44% dive [Published El Universal Venezuela - Aug 19 2014]
Venezuelan Oil Prices Fall [Published Lignet - Aug 19 2014]
Latin American Herald Tribune - Pemex Looks at ... [Published DailyMe.Com - Aug 19 2014]
Pemex looks at possible alliances with foreign ... [Published EFE - Aug 18 2014]
Priority sectors face distortions amid economic... [Published El Universal Venezuela - Aug 18 2014]
Venezuela's Perla offshore natural gas project ... [Published Platts - Aug 18 2014]
Venezuela launches DTT oil channel [Published Rapid TV News - Aug 18 2014]
Pemex looks at possible alliances with foreign ... [Published Individual.com - Aug 18 2014]
The rock of discord [Published El Universal Venezuela - Aug 18 2014]
Highway to nowhere [Published El Universal Venezuela - Aug 18 2014]
CHINA CITIC BANK : PDVSA switches bank [Published 4 Traders - Aug 18 2014]
Venezuelans to set fuel prices [Published Axis of Logic - Aug 17 2014]
HOVENSA sales process deadline passes as both p... [Published Virgin Islands Daily News - Aug 17 2014]
Venezuela Oil Price Falls to Lowest Since 2012 ... [Published Latin American Herald Tribune - Aug 17 2014]
PDVSA Boys Lured to Mexico by Alfa Propels Bond... [Published Bloomberg - Aug 15 2014]
Excerpts of column "Runrunes" (Rumors), of Thur... [Published El Universal Venezuela - Aug 14 2014]
Pdvsa ponders bond swap to ease debt payment [Published El Universal Venezuela - Aug 14 2014]
Venezuela Ponders Raising Gas Prices, Now At 5 ... [Published Fox News Latino - Aug 14 2014]
Venezuela’s State Oil Company Officially Switch... [Published PYMNTS.com - Aug 14 2014]
The oil big five: Questions abound around US Gu... [Published Oil Earth - Aug 14 2014]
VenEconomy: The Venezuela’s Opposition ‘Shadow ... [Published Latin American Herald Tribune - Aug 14 2014]
Sarraf steers ONGC to 19% Q1 net profit rise [Published Millennium Post - Aug 13 2014]
Central bank's funding for oil giant Pdvsa up 1... [Published El Universal Venezuela - Aug 13 2014]
ONGC net profit rises 19% to Rs 4,782 cr [Published Business Today India - Aug 13 2014]
On the Money: Mississippi Learning [Published Alberta Venture - Aug 13 2014]
PDVSA picks bank to help dump Citgo [Published UPI - Aug 13 2014]
ONGC net profit up 19% at over Rs 4K cr [Published Business Standard India - Aug 13 2014]
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Blogs

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The Harris County Sheriff’s Office and CITGO Jo... [Published theCSRfeed - Aug 13 2014]
Sheriff’s Office Reminds Public That Reporting Crime is at Their Finger Tips SOURCE: CITGO Petroleum Corporation DESCRIPTION: HOUSTON, August 13, 2014 /3BL Media/ –The Harris County Sheriff’s Office (HCSO) launched the iWATCH mobile application to ...
Barrick Enterprises and CITGO Team Up to Improv... [Published theCSRfeed - Aug 12 2014]
Local CITGO Marketer Hosts Clean-Up Event at Detroit CITGO Station SOURCE: CITGO Petroleum Corporation DESCRIPTION: DETROIT, Aug. 12, 2014 /3BL Media/ – Local CITGO Marketer Barrick Enterprises, Inc. and CITGO Petroleum Corporation teamed up to ...
Cuba Shifts Energy Focus Away from Offshore Aft... [Published MaritimeSecurity.Asia - Aug 11 2014]
Saipem’s Scarabeo 9 conducted an unfruitful exploratory drilling campaign in 2012 offshore Cuba for Repsol YPF. By Marc Frank HAVANA, Aug 11 (Reuters) – Cuba has shifted its focus away from offshore oil, concentrating on renewable energy and ...
After Offshore Oil Failure, Cuba Shifts Energy ... [Published Clusterstock - Aug 11 2014]
By Marc Frank HAVANA (Reuters) - Cuba has shifted its focus away from offshore oil, concentrating on renewable energy and improving output from onshore wells due to a lack of interest by foreign companies for further deepwater exploration, sources ...
Parker Oil Company and Citgo Sponsor Annual MDA... [Published theCSRfeed - Aug 11 2014]
Local Virginia CITGO Marketer Teams with Two CITGO Terminals to Benefit the Muscular Dystrophy Association SOURCE: CITGO Petroleum Corporation DESCRIPTION: South Hill, Va., August 11, 2014 /3BL Media/ – Local CITGO Marketer Parker Oil Company and ...
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Press Releases

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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]
Fitch Downgrades PDVSA's IDRs to 'B'; Outlook N... [Published Fitch Ratings Headlines Corporate - Mar 25 2014]
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