Venezuela
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Americas
PDVSA financial report acknowledges US bribery allegations
Venezuela’s state oil firm Petroleos de Venezuela SA (PDVSA) has confirmed in an internal probe that there was fraud in…
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Americas
PDVSA says it can stave off default if oil stays at $50 per barrel
Venezuela’s state oil firm PDVSA, believed to be billions of dollars in arrears to various service providers, could avoid default…
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Americas
PDVSA payment problems leave millions of barrels of BP crude in limbo
Four oil tankers are waiting outside the Caribbean island of Curacao, unable to come in and discharge their loads totalling…
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Americas
Shipping firms owed nearly $1bn in late-return fees for containers in Venezuela
Shipping firms are owed nearly $1 billion by Venezuela in fines for unreturned and late-returned containers, according to Reuters. The…
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Americas
Swiss to provide US investigators with bank info on Venezuela’s PDVSA
US investigators have received a boost in their investigation of corruption at Venezuela’s state oil firm PDVSA (Petroleos de Venezuela…
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Americas
PDVSA denies delays and backlog of ships at port of Jose
Venezuela’s state oil firm PDVSA has strongly denied reports that it had a backlog of ships at its main oil…
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Americas
Stay of enforcement lifted on payout to Tidewater from Venezuelan government
A World Bank ruling on Wednesday means New Orleans-based offshore supply vessel operator Tidewater could soon be seeing more than…
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Americas
Backlog of tankers at Venezuela’s ports begins to clear as PDVSA pays up
A backlog of tankers waiting to enter ports in Venezuela was starting to clear after state run oil firm Petroleos…
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Americas
Oil tankers lined up outside Venezuelan ports demanding upfront payments
A number of oil tankers are refusing to come in and discharge their loads at Venezuelan ports because they don’t…
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Americas
Guyana and Venezuela oil-enhanced border row rumbles on
Guyana started military exercises on Friday, a move that could be seen as provocative by bigger neighbour Venezuela, with whom…
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Americas
Venezuelan authorities stop attempt to smuggle 50,000 barrels of diesel
Venezuelan authorities claim to have foiled an attempt to smuggle 50,000 barrels of diesel fuel out of the country, according…
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Americas
Guyana denies rig removal is “caving” to Venezuela
Guyana has removed an offshore oil rig from waters controversially claimed by Venezuela but the Guyanese denied on Monday that…
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Americas
World Bank tribunal rejects Venezuela’s attempt to reduce Tidewater compensation award
San Francisco: A World Bank tribunal has rejected an attempt by Venezuela to reduce a $46m compensation award in favour…
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Americas
Venezuela recalls ambassador to Guyana in territory and oil dispute
San Francisco: Venezuela is recalling its ambassador to Guyana in the latest move of the territorial dispute between the neighbouring…
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Americas
Guyana accuses Venezuela of breaking international law as offshore dispute heats up
San Francisco: The simmering tensions between Guyana and Venezuela – aggravated by an offshore oil find – have bubbled over…
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Americas
Panamanian special forces deployed as ship attacked off Colon
Panama City: In a bizarre turn of events over the weekend an aging general cargo ship, bound for demolition, was…
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Americas
Venezuela claims victory in $46m Tidewater ruling, but will try to reduce it further
San Francisco: Venezuela will try to have an arbitrator’s $46m compensation ruling reduced, even though it feels vindicated by the relatively…
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Americas
World Bank rules Tidewater is owed $46m by Venezuela
Caracas: The World Bank has moved to resolve a long running dispute between Venezuela and offshore services provider, Tidewater. A…
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Americas
Rig sparks diplomatic spat between Guyana and Venezuela
Caracas: Guyana officials warned Venezuela on Wednesday not to interfere with plans for an ExxonMobil drilling rig in disputed waters.…
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