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Top related persons:
PDVSA's Jose Antonio - 1 Carlos Garcia Rawlins - 1 PDVSA - 1 Rosneft - 1 Nicolas Maduro's - 1 Roszarubezhneft - 1 Alexandra Ulmer - 1 Marianna Parraga - 1
Top related locs:
PDVSA's Anzoategui Caracas Moscow Venezuela U.S Russia Ukraine
Top related orgs:
REUTERS - 1 Chevron - 1 PDVSA - 1 Washington - 1 U.S . Treasury - 1 National Security - 1 State Department - 1 Nicolas Maduro's United Socialist Party - 1

Search resuls for: "PDVSA's Jose Antonio"


3 mentions found


☆ Exclusive: Russian firm asks Venezuela to match Chevron oil-for-debt deal
  + stars: | 2023-06-27 | by ( Alexandra Ulmer Marianna Parraga | Alexandra Ulmer | Marianna Parraga | ) www.reuters.com   time to read: +5 min
Roszarubezhneft's five joint ventures now must rely on PDVSA-designated intermediaries that take a large share of the revenues for their services, the people said. The joint ventures are owed about $3.2 billion from sales handled by PDVSA, one of the people said. Roszarubezhneft, Russia's oil ministry, PDVSA and Venezuela's oil and foreign affairs ministries did not reply to requests for comment. It also could help PDVSA make progress toward its goal of raising Venezuela's oil output by 40% this year. Oil production at the five joint ventures has dwindled as U.S. sanctions have hampered investment and maintenance work, and deterred many buyers of Venezuelan crude.
Persons: PDVSA's Jose Antonio, Carlos Garcia Rawlins, PDVSA, Rosneft, Nicolas Maduro's, Roszarubezhneft, Alexandra Ulmer, Marianna Parraga, Vivian Sequera, Daniel Flynn Organizations: REUTERS, Chevron, PDVSA, Reuters, Washington, U.S . Treasury, National Security, State Department, Nicolas Maduro's United Socialist Party, Assembly, Thomson Locations: PDVSA's, Anzoategui, Caracas, Moscow, Venezuela, U.S, Russia, Ukraine, Roszarubezhneft, Venezuela's, Rosneft
☆ Exclusive: Venezuela's PDVSA audits accounts with tycoon's petcoke firm amid probe
  + stars: | 2023-03-28 | by ( Deisy Buitrago Marianna Parraga Sudarshan Varadhan | Deisy Buitrago | Marianna Parraga | ) www.reuters.com   time to read: +5 min
The unpaid invoices originated with dozens of little-known companies acting as middlemen for Venezuela's oil exports since U.S. sanctions in 2020 halted deals with international trading firms and customers. Venezuela's Attorney General's office in October began a probe after oil tankers absconded without full payment to PDVSA. Venezuela's oil ministry and PDVSA did not reply to a request for comment. Maroil boosted Venezuela's petcoke exports following a commercial pact with PDVSA in 2016. In Venezuela, two heavy oil upgrading facilities controlled by PDVSA, Petro San Felix and Petrocedeno, produce and store petcoke.
☆ Exclusive: Venezuela tightens oil prepayment rules
  + stars: | 2023-01-30 | by ( Marianna Parraga | Thomson Reuters | Focused On Energy-Related Sanctions | ) www.reuters.com   time to read: +5 min
[1/2] An oil tanker is docked while oil is pumped into it at the ships terminal of PDVSA's Jose Antonio Anzoategui industrial complex in the state of Anzoategui April 15, 2015. It reinforces measures implemented last year after several buyers skipped out on payments for oil, which provides most of the South American country's income. After taking the helm, Tellechea launched an extensive audit of supply contracts, according to a written order to PDVSA seen by Reuters. The new terms narrow a wide variety of contract modalities to a few requiring prepayment of cargoes entirely in cash or allowing payment via goods and services to Venezuela, but they must be received before Venezuela will release the oil, according to the documents. Even long-term buyers must abide by the new rules that require payment in full by cash before each oil delivery.
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