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Venezuela's state-run oil company PDVSA is getting ready to resume work at its joint ventures under terms similar to ...
PDVSA's payroll has more than doubled to 115,000 employees since Chávez took office in 1999, and debt has risen 10-fold since 2006 to $34 billion.
By Alexandra Ulmer and Marianna Parraga CARACAS/HOUSTON (Reuters) – Decisions at some joint ventures with foreign firms are delayed. A growing number of oil tankers sit idle because no one ...
Venezuela still seems willing and able to pay. In the worst-case scenario, PDVSA might use a grace period of a few weeks, as it did last year, in order to pull coins out of the sofa to pay these ...
CARACAS—State energy giant Petróleos de Venezuela, or PdVSA, will raise $5 billion through a private sale of 10-year bonds to the South American country's public banking sector, the company ...
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 ...
PDVSA is also at the heart of Venezuela’s geopolitical alliances: 36 percent of its production is used to repay loans to China and Russia, as well as sending crude oil to Cuba and the Caribbean ...
Venezuela's state-run oil company PDVSA has begun loading an Iran flagged large tanker with Venezuelan heavy crude for export, a source with knowledge of the situation said on Tuesday, as ties ...
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 ...
The Trump administration is considering granting new authorizations to key partners of Venezuela's PDVSA, including Chevron, ...
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