The United States Department of the Treasury extended the operations of the companies Chevron Corporation, Halliburton, Schlumberger Limited, Baker Hughes Holdings LLC and Weatherford International, Public Limited Company until June 1st, 2022.
The information was provided through a statement…
Read More...
Browsing Tag
pdvsa
US Treasury extends protection to Citgo until 2022
The United States Department of the Treasury reported, last Friday through a statement, its decision to extend the PDVSA 2020 bondholders' 5G protection license to Citgo until January 21, 2022.
The 5G license, which was issued in July and…
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…
PDVSA showed a slight increase in its production
The oil economist, Rafael Quiroz Serrano, indicated that Venezuela produced 531,000 B / D in May, according to secondary sources related to the Organization of Petroleum Exporting Countries (OPEC), which represents an increase compared to…
US extends authorization to Chevron until 2021
The United States Department of the Treasury extended the permit to operate in Venezuela held by Chevron and four other oil companies until June 3, 2021, according to a statement.
The previous deadline for Chevron, which is the only major…
Tareck El Aissami is the new Minister of Oil
This Monday the new position of Tareck El Assami as Oil Ministers was announced by the National Executive. Now he becomes the successor of Manuel Quevedo, while Asdrúbal Chávez will remain in the Directorate of the state-owned Petroleos de…
Trinidad and Tobago cancels border gas agreement with Venezuela
The Loran Manatee unified field development program, which refers to an agreement between Venezuela and Trinidad and Tobago on natural gas at the maritime border, has been affected by the sanctions imposed by the United States.
Trinidad…
Venezuela will implement cryptocurrency payment system
The president of Venezuela, Nicolás Maduro, announced in a special transmission to the country that, along with his ministerial train, they are working on cryptocurrencies to implement this mechanism as a free system for national and…
JP Morgan to cut weight of Venezuelan and Pdvsa bonds
The measure was known by several entities for days but it had not become official. In response, several Venezuelan bondholders expressed their concern. Special Prosecutor José Ignacio Hernández, appointed by Juan Guaidó, is trying to…
OPEC cuts back its oil production
The Organization of the Petroleum Exporting Countries (OPEC) cut its production in May by 236,000 barrels of crude oil per day, mainly due to the effect of US sanctions on Iran, according to the monthly report of the cartel on the oil…
ALBA Petróleos investigated for connections with Pdvsa
The government of Venezuela announced through the Twitter account of the Public Ministry that specialists from the Unit Against Impunity of the Attorney General of the Republic (FGR) of El Salvador continue with an exhaustive analysis of…
Venezuelan Cardón Refinery paralyzes crude processing
This Thursday it was learned that the Cardón Refinery, at the State of Falcón, stopped processing crude on Wednesday due to failures in key units for these activity, including distillers.
Through the Reuters news agency, information was…