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Keywords: PDVSA
Authorities in the United States and Venezuela are reviewing dozens of confidential oil agreements signed during the rule of former leader Nicolás Maduro, according to Bloomberg, as part of an investigation that could complicate efforts to revive the country’s struggling oil sector. The......
Venezuela’s state oil company, Petróleos de Venezuela, S.A. (PDVSA), has limited crude sales over the past two weeks to companies holding individual licences from the United States, curbing exports despite a broader general licence issued by US authorities earlier this year. According to......
The United States' seizure of Venezuelan oil exports has stranded shipments intended to settle the South American nation's substantial debt to China, setting the stage for a potential showdown between the two global powers. This move threatens to further delay Venezuela's efforts to emerge......
Around a dozen oil tankers loaded with Venezuelan crude oil and fuel have discreetly departed the country’s territorial waters in recent days, according to maritime monitoring service TankerTrackers.com. The movements come amid tight US pressure that intensified prior to the capture of ousted Venezuelan......
Two Chinese flagged supertankers are continuing operations close to Venezuelan waters despite a blockade announced in mid December by President Donald Trump and an expanding campaign of tanker seizures, according to maritime tracking data. The situation is shaping into a key test of United States enforcement......
A fully loaded Panama-flagged oil tanker has returned to Venezuelan waters after the United States intensified its maritime blockade targeting the country’s oil exports. The vessel, initially bound for foreign ports, reversed course following reports that the U.S. Coast Guard intercepted several......
Venezuela has deployed its navy to guard oil tankers leaving its main ports in response to a new U.S. blockade threat targeting ships engaged in its crude exports. The move marks a sharp escalation in the ongoing standoff between Caracas and Washington over sanctions and the country’s oil trade. Navy......