Holders of Venezuelan state oil company PDVSA’s 2020 bonds will receive by Thursday an amortization payment that was due last week, five market sources told Reuters on Tuesday, citing a Continue Reading
Venezuela’s state oil company PDVSA said on Tuesday that a storage tank at its Amuay refinery had overflown because of heavy rains and that a cleanup had begun to avoid Continue Reading
In a historic auction for deepwater oil assets in Brazil, the oil majors showed up on October 27 and bought several offshore blocks, indicating a high level of interest in Continue Reading
Oil major Royal Dutch Shell Plc won half the blocks awarded in Brazil’s deepwater oil auction on Friday, while rival BP took two blocks and Exxon Mobil Corp took one Continue Reading
Oil major Royal Dutch Shell Plc RDSA.L won half the blocks awarded in Brazil’s deepwater oil auction on Friday, while rival BP ( BP.L ) took two blocks and Exxon Continue Reading
Brazilian President Michel Temer said Friday’s auction of pre-salt offshore oil blocks will generate investments of more than 100 billion reais ($30.8 billion) in Brazil by the winning oil companies. Continue Reading
PDVSA says it paid principal due on amortizing 2020 bonds Doesn’t mention interest payment, which has grace period Venezuela’s state-run oil company said it transferred the funds to make an Continue Reading
Venezuela’s state-owned oil giant announced on Friday it had made a critical debt payment, avoiding a catastrophic default that could have seen the company lose control of the U.S.-based refiner Continue Reading
PDVSA says it paid principal due on amortizing 2020 bonds Doesn’t mention interest payment, which has grace period Venezuela’s state-run oil company said it transferred the funds to make an Continue Reading
Brazil and Mexico are competing for a diminishing resource: the investment dollars of oil majors. HOUSTON/RIO DE JANEIRO, Oct 26 (Reuters) – Brazil and Mexico are competing for a diminishing Continue Reading
