Sailu Urribarri

Curacao refinery gets court order for unloading Venezuelan oil

Feb 25 2019

A Curacao refinery has received a court order requiring shippers to discharge a cargo of Venezuelan oil seized by maritime companies due to debts owned by Venezuela's state-run company PDVSA, Refineria di Korsou said in a statement on Monday.

Aruba refinery puts refurbishment on hold due to Venezuela sanctions

Feb 18 2019

The 209,000-barrel-per-day Aruba refinery, operated by a unit of U.S. Citgo Petroleum, is putting a $685 million refurbishment on hold due to sanctions imposed on Venezuela by the United States last month, the company said on Monday.

Citgo Petroleum to dismiss workers in Aruba over U.S. sanctions: prime minister

Feb 15 2019

A Citgo Petroleum Corp refining unit in Aruba plans to dismiss workers following sanctions imposed by the United States on Venezuela's state-run PDVSA, the parent company of the U.S. refining firm, the island's prime minister said on Friday.

Citgo to resume Aruba refinery's refurbishing work next month

Aug 15 2018

Aug 15 A unit of Citgo Petroleum in September plans to resume long-delayed work to refurbish an idled, 235,000-barrel-per-day (bpd) oil refinery on Aruba, the Caribbean island's government said on Wednesday.

Curacao mulling 15 firms to replace Venezuela as refinery operator

Jul 23 2018

Curacao's Isla refinery is considering offers from 15 companies interested in temporarily operating the 335,000-barrel-per-day facility to replace the current operator, Venezuela's ailing PDVSA state oil company, the refinery and the Curacao government said in a joint statement on Monday.

Curacao refinery runs slow as PDVSA port backlog starts to ease

Jun 18 2018

The 335,000-barrel-per-day Isla refinery operated by Venezuela's state-run PDVSA in Curacao is working at minimum capacity while awaiting new crude shipments and as a tanker backlog in the country's ports began to ease, four sources close to the facility told Reuters on Monday.

Aruba court lifts Conoco seizures affecting Citgo oil cargoes

May 23 2018

A court in Aruba on Wednesday lifted liens on two oil cargoes put in place by ConocoPhillips as part of a legal strategy to enforce a $2 billion arbitration decision, the latest reversal for the U.S. oil firm's collection efforts.

Conoco aims to seize oil cargoes near Citgo's Aruba terminal

May 15 2018

U.S. oil company ConocoPhillips has brought new court actions to seize two cargoes of crude and fuel near a terminal operated by PDVSA subsidiary Citgo Petroleum in Aruba, the Aruban government confirmed on Tuesday.

Conoco has seized Venezuela PDVSA products from Isla refinery: Curacao

May 13 2018

U.S. oil major ConocoPhillips has seized products belonging to Venezuelan state oil company PDVSA [PDVSA.UL] from the Isla refinery it runs on Curacao, an island official told Reuters on Sunday.

Aruba parliament approves reactivation of Citgo refinery

Sep 28 2016

ORANJESTAD, Sept 27 Aruba's parliament late on Tuesday approved a law that permits the reactivation of the Caribbean island's 235,000 barrel-per-day refinery, operated by Citgo Petroleum, the U.S. unit of cash-strapped Venezuelan state oil company PDVSA.

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