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2014-08-06 17:50:00

VENEZUELA WANTS $10 BLN

VENEZUELA WANTS $10 BLN

Petroleos de Venezuela SA, the Latin American nation's state-owned crude producer, said the U.S. oil refining and marketing assets it's seeking to sell are worth more than $10 billion.

"Their value is much, much more," Rafael Ramirez, president of the oil producer known as PDVSA, told reporters yesterday. The company is receiving offers for assets of Houston-based Citgo Petroleum Corp., he said, without providing details of the value of the bids received.

PDVSA is seeking to sell Citgo assets, the U.S. unit said in a July 29 bond prospectus document. The company owns three refineries capable of handling about…

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Tags: VENEZUELA, OIL, PDVSA, CHINA
Chronicle:
VENEZUELA WANTS $10 BLN
2020, September, 29, 12:30:00
ELECTRICITY MARKET MODERNIZATION
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2020, September, 29, 12:25:00
EUROPE'S INDEX DOWN
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2020, September, 29, 12:20:00
ROSATOM OVERSEAS PORTFOLIO $140 BLN
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2020, September, 28, 12:10:00
OIL PRICE: NOT BELOW $41 AGAIN
Brent fell 37 cents, or 0.9%, to $41.55 a barrel, WTI was at $39.86 a barrel
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2020, September, 28, 12:05:00
ТРАНСФОРМАЦИЯ МИРОВОЙ ЭНЕРГЕТИКИ
Структура энергетической отрасли будет трансформироваться, как со стороны спроса, так и со стороны предложения.
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NORD STREAM 2 BLOCKING
Nord Stream 2 would double the capacity of the gas corridor via the Baltic Sea to Germany to 110 Bcm/year and would reduce the need for Russia to use Ukraine as a transit country for gas supply to Europe.
VENEZUELA WANTS $10 BLN
2020, September, 28, 11:55:00
NORWAY'S OIL & GAS PRODUCTION 1.722 MBD
The production figures for oil in August include this cut of 134 000 barrels per day in the second half of 2020.
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