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PDVSA OIL SHIPMENTS
Cuba faces blackout as US oil blockade cripples the country; Trump boasts ‘I could do anything I want with it’Cuba's power grid has collapsed, plunging millions into darkness. This nationwide blackout follows a severe energy crisis. Fuel imports hav...- Oil sales under US-Venezuela deal expected to reach $2 billion by end of FebruaryU.S. oil supply agreement sales with Venezuela are projected to hit $2 billion by month's end, with 40 million barrels expected to be sold....
- US to allow resale of Venezuelan oil to Cuba, Treasury saysThe U.S. Treasury Department will authorize companies to resell Venezuelan oil to Cuba, aiming to alleviate the island's severe fuel shorta...
- Chevron sells oil to Reliance for first time since 2023 as Venezuela readies larger cargoes for exportUS oil giant Chevron has made its first sale of Venezuelan crude oil to India's Reliance Industries. This marks the first time in about six...
- Venezuela readies larger oil cargoes for exports, targets IndiaVenezuelan oil exports are set to accelerate. The first Very Large Crude Carriers are now chartered for shipments. This development follows...
- US seizes Olina tanker in Caribbean, fifth vessel taken in Venezuela blockadeThe U.S. has seized the Olina tanker in the Caribbean, the fifth vessel targeted recently as Washington intensifies efforts to curb Venezue...
- Oil trades sideways despite political turmoil in VenezuelaOil prices saw a slight increase as investors assessed potential disruptions to Venezuelan shipments following U.S. President Trump's actio...
- US attack on Venezuela unlikely to hit Indian refiners hardThe country produces around 900,000 barrels per day of crude - about 1% of the global supply. Of the roughly 765,000 bpd it exports, nearly...
- Venezuela forced to double discount on oil to Asia due to flood of sanctioned crudeAsian buyers are seeking significant price cuts for Venezuelan oil. This is driven by a surplus of sanctioned crude from Russia and Iran. I...
- US seizes largest oil tanker off Venezuela coast—here's how oil prices and international relations will be impactedAmerica has seized a large oil tanker near Venezuela. President Donald Trump confirmed the action. This move escalates tensions with Caraca...
- Venezuela's Maduro to visit China to re-engage amid China-West tensionsVenezuela is also heavily indebted to China following a $50 billion oil-for-loan deal agreed in 2007 by then-president Hugo Chavez. In 2020...
- US to let Eni, Repsol ship Venezuela oil to Europe for debt: SourcesThe two European energy companies, which have joint ventures with Venezuelan state-run oil company PDVSA, can count the crude cargoes towar...
- Indian refiners RIL, Nayara Energy plan to wind down Venezuelan oil buys in April: SourcesSuch a step by Reliance, which operates the world's biggest refining complex, and Nayara - part owned by Russian oil major Rosneft - would ...
- Reliance Industries says not violating US sanctions on Venezuela, bought oil with knowledge of US authoritiesReliance has purchased Venezuelan crude oil from companies such as Rosneft long before the imposition of the US sanctions.
- Reliance says not involved in any cash payment arrangement to Venezuela's PDVSA for oilOne internal PDVSA document indicated shipments of Venezuelan oil to Reliance in April would be settled via Rosneft.
- RIL says not violated US sanctions on VenezuelaRIL's denial comes after a report said that the company has sidestepped US sanctions on Venezuela.
- RIL in talks with Venezuela's oil company PDVSA to produce heavy oilReliance Industries is in talks with Venezuela's PDVSA to produce heavy oil in the South American OPEC nation, PDVSA Executive Director Fad...
- RIL signs areement with Venezuela for heavy oil projectReliance Industries today said it has signed an agreement with Venezuela for a project to produce heavy oil in the South American OPEC nati...
- Reliance Industries keen on taking project in Venezuela's heavy crude beltRIL wants to partner Venezuelan state oil monopoly Petroleos de Venezuela to develop a project in the Orinoco extra heavy crude belt, indus...
- Venezuela does not plan on halting oil exports to the USPresident Hugo Chavez sent a soothing message to American motorists, saying that Venezuela is not preparing to cut off oil shipments to the...
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