Venezuela
Industry
Oil market fundamentals remain unattractive. Demand refuses to recover. The US driving season was a non-starter, with gasoline consumption much lower than had been hoped. Industrial...
2009-08-17Industry
Having led the way among refined products on the hopes of a strong US driving season, the strength of gasoline has been undermined by stock data and disappointing demand. In July,...
2009-08-17Political Risk
An umbrella organisation representing Venezuela's powerful oil labour unions, Federación Unitaria de Trabajadores del Petróleo de Venezuela (FUTPV), is gearing up for landmark leadership...
2009-08-14Companies
State-owned Petróleos de Venezuela (PdVSA) and Spanish major Repsol YPF have completed a joint reserves assessment for the Junin 7 field in the Orinoco heavy oil belt. Using data...
2009-08-11Industry
Petróleo Brasileiro (Petrobras) and Petróleos de Venezuela (PdVSA) have reached agreement over the Abreu e Lima refinery that is currently being built in the state of Pernambuco...
2009-08-10Companies
News: US-based services group Helmerich & Payne (H&P) has published its financial results for Q309, which ended June 30 2009.
2009-08-04Companies
The Japan Bank for International Co-operation (JBIC) is in the process of reviewing a US$1.5bn loan to upgrade the Puerto la Cruz and El Palito refineries in Venezuela, according...
2009-06-23Political Risk
London insurer Lloyd's has withdrawn maritime 'war risk' policy cover for Venezuela, the first such exclusion of a Latin American country for 20 years. The move is the latest sign...
2009-06-18Industry
News: US major Chevron has announced that its Cardon III well, located in the offshore Gulf of Venezuela, failed to encounter oil and gas reserves.
2009-06-12Companies
State energy company Petróleos de Venezuela (PdVSA) will enter into a joint venture (JV) with a consortium of Russian companies to develop two blocks in the Carabobo area of the...
2009-06-04



