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Crude Oil News

Ten Charged in US Accused of Aiding Venezuela’s PDVSA

April 23, 2024 Mariel Alumit

United States authorities have indicted 10 people for breaching sanctions against Petróleos de Venezuela SA (PDVSA), one of them a Venezuelan military official, the Department of Justice (DOJ) said Monday. They conspired to export millions […]

EnergyNews

Middlemen have left Venezuela’s PDVSA with $21.2 billion in unpaid bills

March 22, 2023 Mariel Alumit

HOUSTON, March 21 (Reuters) – Venezuela’s state-run oil company PDVSA has accumulated $21.2 billion in accounts receivable, according to documents viewed by Reuters, after turning to dozens of little known intermediaries three years ago to […]

Venezuela’s
Crude Oil News

Venezuela’s Oil Exports Drop By More than A Third In July

August 3, 2022 Mariel Alumit

Venezuela’s crude oil exports fell in July, Refinitiv Eikon data showed on Tuesday, as oil markets are on the prowl for additional oil supplies to ease the tight market. Venezuela’s crude oil industry has been […]

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