Tuesday, 27th October 2020
Crude inventories at Venezuela’s export terminal, Jose, have surpassed their highest levels since August due to customers' fears over sanctions deadlines.
Tuesday, 20th October 2020
Venezuela’s state-owned oil company Petroleos de Venezuela (PDVSA) is set to offload crude from the Nabarima floating oil facility amid environmental concerns.
Sunday, 18th October 2020
The catalytic cracker at Venezuela’s Cardon refinery, key to gasoline production, was halted on Friday due to equipment failure.
Sunday, 4th October 2020
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.
Wednesday, 16th September 2020
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.
Monday, 24th August 2020
Venezuela’s state-run oil company, Petroleos de Venezuela, has resumed gas output at Cardon refinery in the midst of widespread fuel shortages.
Monday, 18th May 2020
Venezuela’s state-run oil company Petroleos de Venezuela (PDVSA) has created a new unit to run its oil terminals.
Sunday, 7th July 2019
OPEC produced 29.6 million per day (b/d) in June, down by 170,000 b/d compared with May.
Wednesday, 12th September 2018
Russian energy minister Alexander Novak has expressed confidence that the OPEC-led group of crude exporters are capable of covering potential supply shortages.
Tuesday, 28th August 2018
Signatories to the OPEC non-OPEC supply cut agreement reduced production in July by 9% more than agreed, according to an official committee.