Venezuela’s government giant oil corporation sacked half its board of directors Thursday after PDVSA ’s pension fund lost about 500 million US dollars in a Ponzi scheme linked to a Connecticut-based ...

The ramp-up of U.S. pressure on Venezuelan President Nicolas Maduro's government is bringing fresh attention to the nation's ...

The dispute began in the English courts, where in 2020 and 2021, the High Court held that PDVSA had failed to meet its contractual payment obligations to BSJI. When PDVSA took no steps to satisfy that ...

Venezuelan oil faces deep discounts in Asia due to abundant sanctioned supplies from Russia and Iran and increased U.S.

CARACAS/MARACAY, Venezuela (Reuters) - Over a hundred employees at Venezuela's state oil company PDVSA, plus others in the oil ministry and parts of the public sector, have been forced to resign over ...

Caracas, October 29, 2023 (venezuelanalysis.com) – Venezuelan state oil company PDVSA has signed at least three spot sales contracts and is in the midst of negotiating more supply deals following ...

Venezuela's PDVSA announced it was suspending most of its crude oil exports to review the contractual terms. The review aims to make sure there will be no payment defaults, pointing out that the ...

Venezuelan officials may have finally met a PDVSA corruption scandal they cannot allow to go unpunished, hinting at just how dire the country’s oil and gas shortage has become. In early February, ...

Mérida, December 2, 2019 (venezuelanalysis.com) – Venezuela’s state-run oil company PDVSA has managed to temporarily extend its lease on Curacao’s Isla Refinery. The agreement will allow PDVSA to ...

NEW YORK, Sept 22 (Reuters) - Citigroup Inc (C.N), opens new tab blocked an attempt by Venezuelan state oil company PDVSA to make debt payments to a Siemens unit, a Citi executive testified on ...

In a total about-face on the “socialism” and “communism” and the Yankee-Go-Home attitude of the ruling Socialists United of Venezuela (PSUV), the country’s beleaguered and bankrupt oil firm PdVSA has ...

Venezuelan state oil company PDVSA's contract to operate Curacao's 335,000-barrel-per-day Isla refinery will end on Dec. 31, despite an earlier agreement to extend the contract by a year, the ...