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International

Marianna Parraga

Analysis-Venezuelan oil, masked as Malaysian, rushes into China before fuel tax

Jun 03 2021

SINGAPORE/KUALA LUMPUR/MEXICO CITY Traders are racing to deliver record volumes of Venezuelan crude oil masked as Malaysian bitumen blend to China, ahead of new fuel taxes that look set to upend the lucrative flow of sanctioned oil to the world's top crude importer.

Exclusive-First diesel cargo in six months arrives in Venezuela -sources

May 27 2021

MARACAY, Venezuela (Reuters) -Venezuela's first diesel imports since November arrived this week aboard the tanker Bueno, carrying almost 500,000 barrels of fuel desperately needed by farmers and truckers in the sanction-hit country, according to a shipping document and three sources.

EXCLUSIVE-First diesel cargo in six months arrives in Venezuela -sources

May 27 2021

MARACAY, Venezuela, May 27 Venezuela's first diesel imports since November arrived this week aboard the tanker Bueno, carrying almost 500,000 barrels of fuel desperately needed by farmers and truckers in the sanction-hit country, according to a shipping document and two sources.

U.S. oil service group seeks $100 million from Mexico in arbitration claim

May 18 2021

MEXICO CITY/HOUSTON A U.S. oil service group introduced a $100 million claim before a World Bank arbitration court alleging Mexico violated investor protections under the NAFTA trade pact by failing to honor agreements, lawyers for the firms and court documents showed.

Venezuela's oil exports stabilize at 700,000 bpd after stock drain - data

May 03 2021

Venezuela's April oil exports were flat at about 700,000 barrels per day (bpd) for the third month in a row, with three-quarters of its shipments headed to Asia and the Middle East, according to tanker tracking data and documents from state-run Petroleos de Venezuela.

Mexico port works on U.S.-sanctioned tankers that carry Venezuelan oil

Apr 30 2021

VERACRUZ, Mexico, April 30 Three Cuban-flagged tankers that are under U.S. sanctions for transporting Venezuelan oil to the Communist-run island have been serviced in the port of Veracruz on Mexico's Gulf coast, according to vessel tracking data and industry sources.

PDVSA's refining boost leaves crude exports short of blendstocks - sources

Apr 22 2021

CARACAS Venezuela's state oil company PDVSA is increasingly using its limited output of medium and light crude for refining, resulting in shortages for blending operations to produce exportable grades, seven people close to the matter said.

More crude to China helped Venezuela maintain exports in March -data

Apr 06 2021

April 6 U.S.-sanctioned Venezuela managed to ship more crude in March directly to China, its main export destination, even as overall shipments dipped modestly last month, according to internal documents and Refinitiv Eikon data.

Citgo Petroleum director Luisa Palacios to leave board at month's end: company

Mar 20 2021

Citgo Petroleum Corp's Luisa Palacios will leave the board of the eighth-largest U.S. oil refiner at month's end, the company said in a statement on its website.

Exclusive: Ecuador reaches pre-agreement with Thailand's PTT to renegotiate oil-for-loan deal

Mar 11 2021

Ecuador has reached a preliminary agreement with a unit of Thailand's state-run PTT PCL to extend to 2024 the payment period of an oil-for-loan agreement that was originally planned to be fully paid through 2022, the country's energy minister said on Thursday.

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