An affiliate of hedge fund Elliott Investment Management has raised its bid for the Venezuela-owned parent company of U.S. refiner Citgo Petroleum to a total value of $8.82 billion, according to a ...

Chevron has resumed Venezuelan crude exports to the U.S. after President Trump reinstated its sanctions exemption under ...

A Chevron-chartered tanker docked at Venezuelan state company PDVSA's Jose terminal on Tuesday, positioning it to be the first to export crude to the United States under a new license Chevron received ...

At least three vessels that oil major Chevron had used to transport Venezuelan crude to the U.S. were navigating toward the ...

According to vessel tracking data and internal company documents, Venezuela’s oil exports dropped around 10% in July from the previous month. The fall comes when major partners of the state oil ...

Venezuela's state-run petroleum firm PDVSA has been barred from using a NuStar Energy oil storage terminal in the Caribbean over $26 million in unpaid bills, according to documents reviewed by ...

B y Miluska Berrospi NEW YORK, Oct 10 (IFR) - One of the largest holders of the 2020 bond issued by Venezuelan oil company PDVSA is bracing for a possible default later this month on what is the ...

Bondholders who choose not to participate in PdVSA’s $5.3 billion exchange offer “are playing a dangerous game they can end up losing,” Eulogio del Pino, the president of the firm, said in ...

PDVSA didn’t respond to multiple requests for comment. The plan, one year in the making, calls for PDVSA to dismantle non-oil affiliates and merge its European business into one Russia-based ...

Also, PDVSA-Bitor was facing possible future restrictions on the commercial availability of the new surfactants. For this new formulation, PDVSA-Bitor tested more than 10 surfactant packages.

PdVSA, Venezuela’s national oil company, is expected to offer bondholders $7 billion in new bonds Wednesday in exchange for existing debt, an effort to ease a cash-flow squeeze.