No cash? No problem. OVL eyes oil from Venezuela instead
The state-run firm is in talks with its Venezuelan partner PdVSA to secure oil cargoes in lieu of unpaid dividends totalling $600 million
Source: livemint.com
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Venezuela: INPEX withdraws from Carabobo Project 3 in Venezuela
INPEX has announced that Japan Carabobo UK ('JCUK') has submitted a notification of withdrawal from Carabobo Project 3 to the government of Venezuela and the Project partners and has terminated its participation in the Project. JCUK is a subsidiary of Japan Carabobo, which is jointly owned by INPEX, Mitsubishi Corp and JOGMEC.
Source: energy-pedia.com
Inpex exits Venezuela, sells all oil and gas assets | Companies
Inpex Corporation announced that Japan Carabobo UK had submitted a notification of withdrawal from Carabobo Project 3 to the government of Venezuela and the project partners by April 26, 2021, and has hereby terminated its business operations concerning the project.
Source: poandpo.com