News

The Cardón refinery, Venezuela's second-largest with a capacity of 310,000 barrels per day, shut down after a power outage ...
Venezuela's second-largest refinery, the 310,000-barrel-per-day Cardon plant operated by state company PDVSA, has been halted due to a power blackout, two sources with knowledge of operations said on ...
Houston, Texas-based oil giant Chevron is transferring joint venture control to its partner, state company PDVSA, while maintaining a staff presence in Venezuela.
To put PDVSA’s depletion rate into perspective, let’s compare it to Exxon’s. At the end of 2015, Exxon’s depletion rate was 8.15% -- which is comparable to most of the world’s major oil ...
During the Venezuelan general strike of 2002–2003, Chávez fired 19,000 employees of the state oil company Petróleos de Venezuela, S.A. (PDVSA) and replaced them with employees loyal to his ...
Venezuela's oil ministry instructed most corporate employees of state-run PDVSA (PDVSA.UL) and its subsidiaries to work from home beginning Jan. 8 to avoid the rapid spread of the Omicron variant ...
Venezuela’s national oil company, PdVSA, is expected to offer bondholders $7 billion in new bonds in exchange for existing debt. A dog walks with its owner in front of a PdVSA gas station in ...
Venezuela's oil exports remained almost unchanged last month as increased shipments to customers in China offset a decline in U.S.-authorized sales, according to vessel-tracking data and internal ...
B y Miluska Berrospi. NEW YORK, Oct 10 (IFR) - One of the largest holders of the 2020 bond issued by Venezuelan oil company PDVSA is bracing for a possible default later this month on what is the ...
Bondholders who choose not to participate in PdVSA’s $5.3 billion exchange offer “are playing a dangerous game they can end up losing,” Eulogio del Pino, the president of the firm, said in ...
Also, PDVSA-Bitor was facing possible future restrictions on the commercial availability of the new surfactants. For this new formulation, PDVSA-Bitor tested more than 10 surfactant packages.