Tagged With PDV
Latin America's continental contraction
5 December 2017
The region has seen a decade of surging crude consumption come to a crashing halt. Refining woes mean imports are still on the rise
Petropolitics hang over Latin America's producers
5 December 2017
Elections next year in Venezuela, Mexico and Brazil have pivoted politics to the region’s fore again. Can it break the self-destructive resource-nationalist cycle?
Military moves in on Venezuela's oil industry
28 November 2017
A major general is replacing the oilmen that ran the industry which will worry investors and plunge the sector further into crisis
Venezuelan crunch time
17 November 2017
Venezuela faces steep bond payments before the end of the year. It is looking to Russia to help keep it from default
Venezuela's debt crisis deepens
15 November 2017
It's crunch time in Caracas after the country defaulted on two bond payments and oil output continued its freefall
Harvey's aftermath
12 October 2017
The Gulf Coast is now a force on global oil and gas markets, making the hurricanes that regularly ravage the region a greater threat to supply
Latin America's hobbled oil giants
6 October 2017
Plagued by debt, low oil prices and political turmoil, times have been troubled for Latin America's state-run energy firms
PdV’s cash concerns
15 August 2017
The Venezuelan company's plunging revenues show it is still struggling with lower prices and falling output
US sanctions on Venezuela are largely symbolic
2 August 2017
The oil market was waiting for an embargo. But a full blockade would have hurt American firms too
Venezuela living on the edge
2 August 2017
Venezuela's national oil company is under pressure from low prices, plummeting output and several self-inflicted wounds
US oil sanctions on Venezuela would escalate crisis
21 July 2017
As Donald Trump threatens to introduce measures against the South American nation's exports, the outcome could be ruinous for all concerned
Venezuela courting disaster
17 May 2017
A Supreme Court ruling has given the president broad authority to strike oil deals. Will there be any takers?
Latin America takes a hit
14 October 2016
The region’s oil output continues to fall and recovery won’t be swift
Latin America’s NOCs fall from grace
28 June 2016
The state’s heavy hand will slow recovery for the region’s state firms, hurting production and new exploration for years to come
Debts threaten Latin America’s state oil companies
3 February 2016
Petrobras, PdV and Pemex facing mounting financial pressures. Expect deep spending cuts
PdV to increase light oil imports to act as diluent
17 November 2015
Venezuela's PdV is ramping up imports of light oil to use as diluent at its Orinoco projects
Venezuela's PdV starts its recovery in the Orinoco
27 May 2015
Venezuela’s economy is cratering but the state firm has a new development strategy for its heavy oil play
China gives Venezuela break on oil-for-loan repayment
24 October 2014
Amendments eliminate the minimum export requirement and a payment period
New leader of PdV to revitalise 1,000 mature wells
29 September 2014
Venezuela's PdV leader Eulogio del Pino's pragmatic plans will aim to boost the country's oil production
Reshuffle pushes Ramirez out of PdV leadership
11 September 2014
Rafael Ramirez no longer head of PdV or minister for petroleum and mining, after a cabinet reshuffle
Venezuela oil industry woes hit China’s Petro-King
19 June 2014
Services provider Petro-King warned investors of a slowdown
Slow-mo in the Orinoco
28 January 2014
New development of Venezuela’s vast heavy oil belt is moving like treacle
Refiners struggle to keep up in Latin America
16 September 2013
Imports are on the rise across the region as refiners struggle to keep up with demand
PdV: still struggling amid political changes
23 August 2013
Venezuela's state firm controls one of the world's biggest oil resources. Hamstrung by politics, it has failed to capitalise on it
Junin-6 shake-up on cards with Surgutneftegaz exit
8 November 2012
The Russian consortium developing the Junin-6 Orinoco belt heavy-oil project in Venezuela is set for a shake-up after Surgutneftegaz’s board voted on 6 November to exit the project
Reliance eyes Orinoco belt in deal with PdV
27 September 2012
India’s Reliance Industries and Venezuela’s PdV have signed energy cooperation agreements including a preliminary deal that could see Reliance spend billions of dollars in Venezuela’s Orinoco heavy-oil belt
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