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United States

Marianna Parraga

Exclusive: Panama to withdraw flags from more vessels that violate sanctions

Jul 12 2019

PANAMA CITY Panama will withdraw its flag from more vessels that violate sanctions and international legislation, the country's maritime authority told Reuters, following the removal of about 60 ships linked to Iran and Syria from the Panamanian registry in recent months.

Squeezed by sanctions, Venezuela sells oil to tiny Turkish firm

Jul 08 2019

MEXICO CITY/CARACAS With U.S. sanctions blocking Venezuela from selling oil to the United States, state-owned energy firm PDVSA has turned to several little-known buyers that include a tiny Turkish company with no refineries but ties to President Nicolas Maduro's government, according to internal documents and a PDVSA source.

Venezuela's June oil exports recover to over 1 million bpd: data

Jul 02 2019

Venezuela's oil exports recovered in June from a sharp drop the month before, helped by increased deliveries to China, which is now state-run oil firm PDVSA's primary destination for its crude, according to company records and Refinitiv Eikon data.

Exclusive: Venezuela reshuffles oil output to favor Asia exports amid sanctions - documents

Jun 28 2019

MEXICO CITY/CARACAS Venezuelan state oil firm PDVSA is revamping one of its major processing operations geared to supplying U.S. buyers to produce instead a crude grade favored by Asian refiners, according to internal documents seen by Reuters.

RPT-Challenges slow Mexico's billion-dollar oil hedge this year -sources

Jun 09 2019

By Devika Krishna Kumar, Stefanie Eschenbacher and Marianna Parraga

Challenges slow Mexico's billion-dollar oil hedge this year: sources

Jun 07 2019

By Devika Krishna Kumar, Stefanie Eschenbacher and Marianna Parraga

Amid clashes with Trump, Latam oil sales fall to U.S. at three-decade low

Jun 07 2019

HOUSTON/MEXICO CITY The Trump administration's clashes with Mexico could further squeeze U.S. imports of critical heavy crude oil from Latin America, which have fallen to their lowest in nearly three decades following sanctions on Venezuela, U.S. government and Refinitiv Eikon data shows.

Exclusive: Citgo's search for CEO progresses, includes former PDVSA executives

Jun 06 2019

Citgo Petroleum Corp, the U.S. arm of Venezuela's state-run oil firm PDVSA, is moving toward appointing a new chief executive, with candidate names including former executives from PDVSA and other companies soon to be submitted to the board.

Venezuela's oil exports drop 17% in May as sanctions kick in: data

Jun 04 2019

Venezuelan PDVSA's oil exports took another hit in May, following a deadline for customers to wind-down purchases in order to comply with U.S. sanctions, according to documents from the state-run company and Refinitiv Eikon data.

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