News

Venezuela exported some 844,000 barrels per day (bpd) of crude and fuel in June, an 8% increase from the previous month as ...
A U.S. court officer has selected miner Gold Reserve's $7.38 billion bid as the preliminary winner of an auction of shares in ...
After all, PDVSA is, for all practical purposes economically, Venezuela. Indeed, PDVSA accounts for virtually all of Venezuela’s foreign exchange earnings (93% over the past 5 reported years).
Venezuelan President Nicolás Maduro received five delegates from the Communist Party of China (CPC) at the Miraflores Palace ...
Venezuela's oil giant PdVSA was late on a coupon payment for its 2035 bonds and provided no explanation for it. The market quickly saw it as a solvency issue, bond prices fell, ...
Reuters cited shipping data and documents showing the state producer has ramped up exports to Asia since then. Deals have ...
— -- La VICTORIA, Venezuela — Beatriz Rodriguez sits in a long line under a sweltering sun, waiting for state oil company Petróleos de Venezuela to deliver cylinders of natural gas she ...
Venezuela's government-run oil giant -- the country's largest source of cash -- is warning that it could default on its bonds as early as next week. Petroleos de Venezuela S.A., or PDVSA, failed ...
CARACAS (Reuters) -With U.S. sanctions spooking key oil buyers and depriving its government of cash, Venezuela last year inked a deal with a little-known ...
An oil refinery in Maracaibo, Venezuela. AFP via Getty Images. PDVSA, Repsol, Eni, Maurel & Prom, Reliance and the US State Department did not immediately reply to requests for comment.
The PDVSA-Crypto scandal, involving Venezuela’s state oil company Petróleos de Venezuela, S.A. (PDVSA), was a massive failure. Significant oil shipments were sold, and payments were made in ...
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 ...