PdVSA | Egypt Oil & Gas

PDVSA Restricts Most Oil Exports for Contract Review

In a move to avoid payment defaults, the new CEO of Venezuela's PDVSA Pedro Rafael Tellecheahas stopped most oil export contracts while his team reviews them according to an internal document seen by Reuters and p ...

Venezuela’s Second Largest Refinery Restarts Gasoline Production

PDVSA, the Venezuelan government-owned oil and gas firm, has resolved its technical issues and resumed gasoline production at the nation's second-largest refinery, Reuters reported citing five sources with knowled ...

Venezuelan Crude Inventories Surge as Sanctions Loom 

Crude inventories at Venezuela’s export terminal, Jose, have surpassed their highest levels since August due to customers' fears over sanctions deadlines.

Venezuela Cardon Refinery Halts Gasoline Production 

The catalytic cracker at Venezuela’s Cardon refinery, key to gasoline production, was halted on Friday due to equipment failure.

Venezuela’s Oil Exports Rise in September

Venezuelan oil exports rose again for a consecutive month after customers aim to buy as much crude as possible from the sanctioned nation before the US ramps up sanctions.

Venezuela to Blend Crude to Recover Oil Output

Venezuela’s state-run PDVSA is set to recover a portion of the oil output lost in recent months by boosting crude blending operations at its main producing region, the Orinoco Belt.

Venezuela Restarts Gasoline Production at Cardon Refinery

Venezuela’s state-run oil company, Petroleos de Venezuela, has resumed gas output at Cardon refinery in the midst of widespread fuel shortages.

Venezuela’s PDVSA Creates New Unit for Oil Terminals

Venezuela’s state-run oil company Petroleos de Venezuela (PDVSA) has created a new unit to run its oil terminals.

Venezuela’s PDVSA to Securitize Oil Debts as Production Falls

According to the President of the Venezuelan state oil company PDVSA, Eulogio del Pino, who is also Venezuela’s Oil Minister, the company is currently in talks with other oil services companies to turn unpaid bills i ...

Venezuela’s PDVSA Gives Paraguay Deadline to Repay Debt

Venezuela's state oil company, PDVSA, has given Paraguay a 10-day deadline to pay a $287m debt for crudes sales dating back to 2009. However, the country would, for now, only be able to pay 50% of the debt.

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