For sale: 864,793 barrels of crude oil, bitumen, fuel oil and other products Another 550,000 barrels of crude in oil tanker sold on the international market for $25 million RdK, Curacao Oil Refinery Complex in tentative agreement to operate refinery Curacao plans to auction May 28 hundreds of thousands of barrels of crude oil and refined products formerly owned by PDVSA due to the Venezuelan state-owned company’s failure to pay the island’s government back rent and interest for its storage. According to a government notice published in local media, 864,793 barrels of crude, bitumen, fuel oil and other products, including components to make gasoline and naphtha, stored in Korsou Refinery’s Bullenbay terminal are to be auctioned. PDVSA operated the Curacao refinery, known as the Isla Refinery, from 1985 to 2019 under a rental agreement with […]