All publications by tag «PDVSA»
2016, July, 27, 18:35:00
VENEZUELA NEED MONEY
Venezuela and state oil company PDVSA face heavy debt payments this year amid weak oil markets and continuing decay of its socialist economic model. Neither have been able to borrow in recent years because the extremely high yields have made such operations too costly.
2016, February, 4, 19:05:00
ROSNEFT & PDVSA COOPERATION
Efficient joint efforts in the assets’ management enabled to reach remarkable increase of hydrocarbon production volumes both at brownfields and greenfields. Well-elaborated investment strategy provides favorable financial outcome from joint projects despite the challenging macroeconomic environment.
2015, October, 12, 19:05:00
ROSNEFT: UNPRECEDENTED WELL
Rosneft, as part of a PetroMiranda JV including PDVSA and Gazprom Neft, has drilled an unprecedented horizontal well GG1-14 at the Junin-6 block. The well is unique for the shallow depth, only 1,140 feet or about 347 meters, of the reservoir interval and the length of horizontal section 4,920 feet or 1,500 meters. The total length of the well is 6,059 feet (some 1,847 meters).
2015, June, 23, 18:00:00
ROSNEFT & PDVSA DEVELOPMENT
The parties confirmed their intention to create a joint venture for gas and condensate offshore production in Venezuela as part of Mariscal Sucre project. The signed document provides for performing of additional joint research aimed at selection of optimum plan of this project implementation.
2015, May, 28, 18:30:00
VENEZUELA & RUSSIA INVESTMENT: $14 BLN
Venezuela and Russia's top oil producer, Rosneft, have agreed on around $14 billion in investment in the South American OPEC country's oil and gas sector, President Nicolas Maduro said on Wednesday evening.
2014, October, 11, 19:00:00
EXXON WINS $1.6 BLN
A World Bank arbitration tribunal on Thursday ordered Venezuela to pay Exxon Mobil Corp about $1.6 billion to compensate for oil nationalization in 2007, though state oil company PDVSA expects to eventually pay closer to $1 billion.
2014, September, 10, 18:10:00
PDVSA SELLS $10 BLN
PDVSA seeks bids for Citgo in potential $10 billion deal
2014, August, 6, 17:50:00
VENEZUELA WANTS $10 BLN
Venezuela Says It Wants $10 Billion for Citgo Oil Assets
2014, July, 31, 18:05:00
ROSNEFT & PDVSA AGREE
Rosneft and PDVSA Signed a Range of Agreements on Offshore Projects and Drilling Technologies