Edition:
United States

Marianna Parraga

Pemex may delay call for joint ventures: Mexico energy secretary

Mar 13 2019

HOUSTON Mexico's state-run oil firm Pemex could delay to next year a call to energy companies to form joint ventures planned for October, amid government complaints that firms have not invested quickly enough to make good on the promises of the energy reform, the country's energy secretary said on Wednesday.

Venezuela's Guaido readies to open up oil industry after years of nationalization

Mar 12 2019

HOUSTON Venezuelan congress head Juan Guaido is preparing a groundbreaking reversal of late President Hugo Chavez's energy industry nationalization, allowing private companies a bigger role in its oilfields and shrinking state-run PDVSA, according to opposition advisers and a draft seen by Reuters.

Venezuela's Guaido readies to open up oil industry after years of nationalisation

Mar 12 2019

HOUSTON Venezuelan congress head Juan Guaido is preparing a groundbreaking reversal of late President Hugo Chavez's energy industry nationalisation, allowing private companies a bigger role in its oilfields and shrinking state-run PDVSA, according to opposition advisers and a draft seen by Reuters.

Venezuela's Guaido moves to re-open energy industry -document

Mar 12 2019

HOUSTON, March 12 Venezuela's interim government led by congress head Juan Guaido is preparing new legislation to reverse late President Hugo Chavez's energy industry nationalization, allowing private companies a bigger role in its oilfields and shrinking state-run PDVSA, according to sources and a draft seen by Reuters.

Venezuela blackout halts most oil exports, hits crude upgrading: sources

Mar 11 2019

CARACAS/PUNTO FIJO, Venezuela Venezuelan state-run oil firm PDVSA has been unable to resume crude exports at its primary port since last week's blackout, according to people familiar with the matter, indicating that the country's massive power outage is crippling the OPEC nation's principal industry.

Argentina aims to boost gas output, supply with higher investment: official

Mar 11 2019

HOUSTON Argentina's efforts to boost its natural gas output and supply are progressing through new pipeline and transport projects and auctions, moves that are expected to balance the country's production and demand, the energy secretary said on Monday.

Exclusive: Citgo, Valero try to return Venezuelan oil following sanctions: document

Mar 11 2019

The top U.S. buyers of Venezuelan oil are in the unusual position of trying to return millions of barrels of crude they need but cannot accept because of U.S. sanctions on the South American nation and its state-run energy firm PDVSA.

U.S. presses India to stop buying oil from Venezuela's Maduro: envoy

Mar 10 2019

The United States is pressing India to stop buying oil from Venezuelan President Nicolas Maduro's government, Washington's top envoy for Venezuela said, as the Trump administration this week threatened more U.S. sanctions to cut off Maduro's financial lifelines.

Venezuela must pay Conoco over $8 billion: World Bank

Mar 08 2019

HOUSTON Venezuela must pay ConocoPhillips more than $8 billion to compensate for the 2007 expropriation of oil assets by the country's late socialist leader Hugo Chavez, the World Bank ruled on Friday, making the U.S. energy company the largest victor in claims stemming from nationalizations in the OPEC country.

Venezuela's PDVSA says still working with German shipping firm

Mar 07 2019

PUNTO FIJO, Venezuela Venezuela's state-run oil company PDVSA said on Thursday it has not halted business with maritime contractor Bernhard Schulte Shipmanagement (BSM), after the German firm notified it would remove crews operating 10 of 15 PDVSA vessels over unpaid fees and return the tankers.

World News