Edition:
United States

Luc Cohen

Idled Venezuelan floating oil facility under repairs amid environmental concerns - source

Oct 16 2020

An idled floating oil facility off Venezuela's eastern coast is undergoing repairs, according to a person familiar with the matter, as images showing the crude-laden vessel at an incline have raised concerns about possible environmental hazards.

Venezuelan coal exports rise as U.S. escalates oil sanctions

Oct 13 2020

Venezuela is ramping up its production and export of coal to European nations, according to export figures and vessel tracking data, as it seeks new sources of foreign currency amid tightening U.S. sanctions aimed at topping President Nicolas Maduro.

Small investment funds buy Venezuela bonds to pressure Maduro and Guaido

Oct 12 2020

CARACAS Three small investment funds have started buying defaulted Venezuelan bonds as hopes of a change of government are fading and the South American nation is proposing a restructuring, according to sources and documents.

Small investment funds buy Venezuela bonds to pressure Maduro and Guaido

Oct 12 2020

CARACAS, Oct 12 Three small investment funds have started buying defaulted Venezuelan bonds as hopes of a change of government are fading and the South American nation is proposing a restructuring, according to sources and documents.

U.S. again extends protection for Citgo from PDVSA creditors

Oct 06 2020

The U.S. Treasury Department on Tuesday once again extended a measure barring creditors of Venezuelan state oil company Petroleos de Venezuela from seizing shares in the parent company of U.S. refiner Citgo, a PDVSA subsidiary.

Special Report: A killing at sea implicates the armed forces in lawless Venezuela

Sep 23 2020

CARACAS Around midnight on February 23, Eulalio Bravo, a marine electrician, was dozing in his rack aboard the San Ramon, an oil tanker anchored off the coast of Venezuela.

PDVSA, Eni weigh options to transfer oil from idled facility amid risks

Sep 03 2020

(This 2nd September story corrects paragraph 18 after Eni, corrects to clarify comments sent in English)

PDVSA, Eni weigh options to transfer oil from idled facility amid risks

Sep 02 2020

Sept 2 Venezuelan state oil company PDVSA and Italy's Eni are looking at options to safely offload crude from a floating storage facility on Venezuela's eastern coast that has remained idle for over a year due to U.S. sanctions, according to sources close to the discussions.

Exxon presses for government approval of third Guyana oil project

Aug 27 2020

GEORGETOWN/NEW YORK Exxon Mobil Corp is pressing Guyana's newly-installed government for approval of its third offshore oil project, which has been under a months-long review that coincided with political turmoil in the South American country.

Exclusive: Iranian vessel loads with Venezuelan alumina, amid closer ties - sources

Aug 27 2020

PUERTO ORDAZ, Venezuela/NEW YORK An Iranian-flagged vessel loaded a cargo of alumina in Venezuela this month after delivering supplies for an Iranian supermarket in the South American nation, three sources familiar with the shipment said, in the latest sign of closer ties between the U.S.-sanctioned nations.

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