PDVSA

EspañolVenezuela has lost at least US $8 billion since 2015 due to the falling oil production of PDVSA, the country's state-owned oil company. In 2017 alone, production fell by more than 170,000 barrels per day. In December 2016, it…
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EspañolThe government of Belize has decided to suspend its purchase of petroleum from Venezuela due to "inconveniences" caused by continuing defaults. Alba PetroCaribe Belize Energy Limited (Apbel) released a statement this week…
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EspañolThe state-owned oil company PDVSA has been one of the strongest pillars of the Maduro regime in Venezuela, but it's gradually begun a collapse due to corruption, falling oil prices, lack of technological innovation and an absence…
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Español Donald Trump is continuing to analyze options to suspend the purchase of crude oil from Venezuela; if so, the United States policy would affect a third of the total foreign sales of state oil company PDVSA. Although the US…
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EspañolVenezuelan National Assembly President Julio Borges has sent a letter to United States officials asking them to investigate the banking and investment group Goldman Sachs, which purchased state oil bonds this month from…
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Español On Tuesday, the Federal Electoral Commission reported that Citgo Petroleum, the only remaning subsidiary in the United States of the Venezuelan state-owned oil company Petroleos de Venezuela S.A. (PDVSA), donated half a…
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Español Russia is losing patience with ally Venezuela because of the country's million-dollar debt. Russia confiscated an oil tanker that belonged to the state-owned oil companhy PDVSA because Maduro's regime owes Russia USD $30…
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Español More than five million dollars has been invested by the government of Nicolas Maduro in political lobbying in the United States, a country that has been accused on several occasions of trying to overthrow him. Despite the…
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Español On Thursday, February 9th, Reuters revealed that the Venezuelan state-run oil company PDVSA has not sent oil and fuel that it owes to China and Russia for months. "Delayed shipments to these crucial political allies and…
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Español While Venezuelan state oil company PDVSA is at its worst point in history, embroiled in numerous cases of corruption and facing impending default, Nicolás Maduro recently restructured the board of directors and appointed his…
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EspañolTankers carrying crude oil and fuel barrels have been stranded in the Caribbean because of PDVSA's inability to pay for basic pre-docking port services. At least 12 vessels are anchored offshore with crude oil stains on their…
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Español This Thursday, December 8, Bloomberg published a report stating that the US Attorney's Office is investigating a US $3 billion money laundering operation diverted to Iran through the Venezuelan state oil company, PDVSA.…
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