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On February 4. most European Union member-states recognized Guaido as Venezuela’s interim president.
Read More »Gazprombank Rejects Report on Venezuelan PDVSA New Accounts
Venezuela Oil Production Likely to Fall 300.000 b d by End-February
Venezuela'.s total crude output will fall to below 800.000 b d by the end of February.
Read More »PDVSA to Redirect Exports to Customers in Europe and Asia
Currently. Washington'.s sanctions apply only to US entities.
Read More »Venezuelan Oil Exports Disrupts Heavily due to US Sanctions
PDVSA and Maduro’s government could have a much harder time finding destinations for Venezuelan oil than first thought.
Read More »Trump Says Military Intervention in Venezuela `An Option`
The Trump administration last week issued crippling sanctions on Venezuelan state-owned oil firm PDVSA.
Read More »European Buyers Stop Buying Venezuelan Crude
In Europe. PDVSA trades with Spain’s energy major Repsol. commodity traders Trafigura and Vitol.
Read More »Trump Uses Oil Sanctions to Force Maduro to Step Aside
Russian energy giant Rosneft has loaned more than $6bn to PDVSA.
Read More »US Gives Non-US Firms Three Months to Close PDVSA Deals
PDVSA uses naphtha from the US to thin its heavy crude so it can be shipped.
Read More »John Bolton: Don’t Deal in Gold. Oil with Venezuela!
The US has sanctioned Nicaragua’s Albanisa company. which exports and sells Venezuelan oil products.
Read More »Oil Rise on Venezuela Sanctions
The sanctions aim to freeze sale proceeds from PDVSA’s exports of roughly 500.000 barrels per day (bpd) of crude oil to the United States.
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