Pdvsa News Today

Venezuela, which sits on the worlds largest proven reserves of oil, is approaching daily production of a million barrels for the first time in over five years, its petroleum minister said Thursday.

Gold Reserve Inc. is pleased to announce the submission of a credit bid for the common shares of PDV Holdings, Inc. , the indirect parent company of CITGO Petroleum Corp. . The Bid has been...

US-backed factions have drawn accusations of collusion and malpractice after their actions significantly raised CITGO's liabilities.

Opposition members fear Nicolas Maduro could blame them for Citgo's loss and gain a political edge as the elections approach

From our Bureau of Latrine American Parasites and Their Hosts with some assistance from our Bureau of Easily Ignored Sanctions Never let it be said that Venenozuela is ungrateful to its colonial rulers. Once again, Castro, Inc. is receiving large amounts of oil from the Maduro dictatorship, despite existing U.S. sanctions. So, all hail Maduro

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

ConocoPhillips has added a Trinidad claim to ongoing efforts to recoup debt through a court-ordered auction of CITGO shares.

Venezuela significantly increased its oil shipments to its political ally Cuba in May, reaching 70,000 barrels per day (bpd) compared to 23,000 bpd in...

ENERGY Minister Stuart Young has rubbished claims that the recent recognition of a US$1.3 billion arbitral award to US-based energy giant ConocoPhillips in Trinidad and Tobago against Venezuela's state-owned oil and gas companies will affect the 30-year-exploration and production license for the Dragon gas field.

Minister of Energy Stuart Young has dismissed statements by a former minister that a court order puts Trinidad and Tobago’s natural gas dealings with Venezuela at risk.In a Facebook post