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Marianna Parraga

U.S. glass maker seeks to seize Venezuela-owned oil tanker to collect award, court papers show

9:56am EDT

NEW YORK/MEXICO CITY U.S. glass manufacturer O-I Glass Inc is seeking to seize an oil tanker owned by Venezuela to collect part of a $500 million arbitration award it won after the 2010 expropriation of two manufacturing plants, according to a summons filed with a Singapore court seen by Reuters.

U.S. glass maker seeks to seize Venezuela-owned oil tanker to collect award, court papers show

1:31am EDT

NEW YORK/MEXICO CITY U.S. glass manufacturer O-I Glass Inc is seeking to seize an oil tanker owned by Venezuela to collect part of a $500 million arbitration award it won after the 2010 expropriation of two manufacturing plants, according to a summons filed with a Singapore court seen by Reuters.

UPDATE 1-U.S. glass maker seeks to seize Venezuela-owned oil tanker to collect award, court papers show

1:27am EDT

NEW YORK/MEXICO CITY, Aug 6 U.S. glass manufacturer O-I Glass Inc is seeking to seize an oil tanker owned by Venezuela to collect part of a $500 million arbitration award it won after the 2010 expropriation of two manufacturing plants, according to a summons filed with a Singapore court seen by Reuters.

U.S. glass maker seeks to seize Venezuela-owned oil tanker to collect award, court papers show

12:00am EDT

NEW YORK/MEXICO CITY, Aug 6 U.S. glass manufacturer O-I Glass Inc is seeking to seize an oil tanker owned by Venezuela to collect part of a $500 million arbitration award it won after the 2010 expropriation of two manufacturing plants, according to a summons filed with a Singapore court seen by Reuters.

Mexico switches up fuel import contracts as it clamps down on costs

Jul 31 2020

NEW YORK/MEXICO CITY Pemex's trading arm is overhauling its fuel importing practices, five sources close to the matter said, which includes shifting to swapping crude oil with major partners in exchange for gasoline and other fuels to save cash.

Brazil boosts oil exports to Asia as global rivals make record cuts

Jul 20 2020

RIO DE JANEIRO/MEXICO CITY Brazil increased crude exports to Asia in the first half of the year, stealing a slice of a coveted developing market from global rivals who made record cuts to shipments to match the unprecedented fall in demand caused by the coronavirus pandemic.

India's Reliance to load Venezuelan oil cargo under fuel swap deal: sources

Jul 09 2020

LONDON/WASHINGTON/MEXICO CITY India's Reliance will load its first cargo of Venezuelan crude in three months this week in exchange for diesel under a swap deal the parties say is permitted under the U.S. sanctions regime on the Latin American country, according to a Reliance source and a shipping document from state oil firm PDVSA.

Venezuela's oil exports sank in June to 77-year low: data

Jul 01 2020

Venezuela's oil exports slumped in June to their lowest level since 1943 after half a dozen tankers, looking to avoid the threat of U.S. sanctions, sailed away from the nation's waters without loading, according to vessel tracking data.

Venezuela's oil exports sank in June to 77-year low -data

Jul 01 2020

July 1 Venezuela's oil exports slumped in June to their lowest level since 1943 after half a dozen tankers, looking to avoid the threat of U.S. sanctions, sailed away from the nation's waters without loading, according to vessel tracking data.

Exclusive: Oil tankers carrying two months of Venezuelan output stuck at sea

Jun 24 2020

MEXICO CITY/SINGAPORE Tankers carrying nearly two months' worth of Venezuelan oil output are stuck at sea as global refiners shun the nation's crude to avoid falling foul of U.S. sanctions, according to industry sources, PDVSA documents and shipping data.

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