Brazil's Supreme Court made a provisional decision by suspending the 8.5 billion reais (approximately $1.7 billion) fine imposed on the construction company Odebrecht due to its involvement in corruption cases.
Judge José Antonio Dias Toffoli questioned the circumstances that led Odebrecht, a key…
Read More...
Browsing Tag
Oil company
Venezuelan PDVSA seeks to reactivate 27,966 oil wells in the state of Zulia
Among the production objectives of the Venezuelan oil company PDVSA are plans to “restart drilling after five years of inactivity, even before the relaxation of sanctions,” as leaked by Reuters.
In this sense, the president of the oil…
Venezuela demands the United States return Citgo
The president of Venezuela, Nicolás Maduro, demanded this Monday from the United States the return of the Citgo oil company, as well as the net profit deposits in banks in that country, which are around US$ 4 billion.
The request was made…
Italian oil company opens ruble accounts to pay for Russian gas
The Italian oil company Eni announced the opening of bank accounts in euros and items in the Russian financial entity Gazprombank in order to carry out the necessary transactions for the supply of Russian gas and thus comply with the new…
PDVSA fully acquires Petrocedeño
This week the state company, Petróleos de Venezuela (PDVSA), acquired 100% of the shares of the company Petrocedeño, one of the most powerful mixed groups in Latin America.
Through his account on the social network Twitter, the Minister of…
Exxon Mobil faces heavy losses
The crisis that has been dragging the oil company Exxon Mobil since 2013 worsens and reaches losses, during the third quarter of 2020, of about 680 million dollars.
As if this were not enough, the oil company has laid off a high percentage…