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2019-03-11 11:15:00

VENEZUELA'S PAYMENT TO CONOCO $8.7 BLN

VENEZUELA'S PAYMENT TO CONOCO $8.7 BLN

PLATTSAn international tribunal on Friday ordered Venezuela to pay ConocoPhillips roughly $8.7 billion in compensation for the seizure of company assets in 2007.

Among other payments, the World Bank Group's International Center for Settlement of Investment Disputes ordered Friday that Venezuela must pay nearly $4.5 billion to compensate for the seizure of ConocoPhillips' Hamaca project and nearly $3.4 billion to compensate for the seizure of its Petrozuata project. In addition to those two heavy oil…

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Earlier:

VENEZUELA'S PAYMENT TO CONOCO $8.7 BLN
2019, February, 27, 09:10:00

VENEZUELA'S OIL FOR CHINA

PLATTS - China's crude imports from Venezuela surged 50.7% month on month to 411,000 b/d or 1.74 million mt in January, posting the fifth month in a row of increase after hitting a four-year low last September, data released by the General Administration of Customs showed

VENEZUELA'S PAYMENT TO CONOCO $8.7 BLN
2019, February, 27, 09:05:00

STRONG VENEZUELA SANCTIONS

PLATTS - The US is set to impose "even stronger sanctions" on Venezuela President Nicolas Maduro's financial networks, likely further hindering crude oil production and exports as US sanctions on state-owned oil company PDVSA entered their fifth week, US Vice President Mike Pence said Monday.

VENEZUELA'S PAYMENT TO CONOCO $8.7 BLN
2019, February, 8, 11:35:00

U.S., VENEZUELA SANCTIONS

EIA - Recently announced U.S. sanctions directed at Venezuela’s energy sector and state oil company, Petróleos de Venezuela, S.A. (PDVSA), will essentially eliminate U.S. imports of Venezuelan crude oil as the full effects of the sanctions emerge. However, the U.S. Energy Information Administration (EIA) does not anticipate any significant decrease in U.S. refinery runs as a result of these sanctions.

VENEZUELA'S PAYMENT TO CONOCO $8.7 BLN
2019, February, 1, 11:30:00

U.S. LOOSE VENEZUELA'S OIL 500 TBD

PLATTS- US refiners cannot rely on Mexico to replace Venezuelan heavy oil imports as the country is battling to reverse its declining production and Pemex's oil is sold under contractual basis, analysts and others say.

VENEZUELA'S PAYMENT TO CONOCO $8.7 BLN
2019, January, 30, 11:35:00

WEAK VENEZUELA SANCTIONS

OGJ - “The sanctions will affect refinery margins in the US. Now they will have to import heavy crude from the Middle East at a premium. US refiners will be amongst the biggest losers, as we have noted earlier,” Rodriguez-Masiu said.

VENEZUELA'S PAYMENT TO CONOCO $8.7 BLN
2019, January, 30, 11:30:00

U.S., VENEZUELA SANCTIONS ALWAYS

PLATTS - The Trump administration announced Monday that it will sanction PDVSA, Venezuela's state-owned oil company, a move that could suspend roughly 500,000 b/d of Venezuelan crude exports to US Gulf Coast refineries and shut down US exports of diluents to the South American nation.

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Tags: VENEZUELA, CONOCOPHILLIPS,

Chronicle:

VENEZUELA'S PAYMENT TO CONOCO $8.7 BLN
2019, March, 20, 10:50:00

ИНВЕСТИЦИОННЫЕ ПРОЕКТЫ ГАЗПРОМА

Совет директоров ПАО «Газпром» одобрил проводимую компанией работу по реализации крупнейших инвестиционных проектов. В числе приоритетных направлений деятельности компании — Восточная газовая программа.

VENEZUELA'S PAYMENT TO CONOCO $8.7 BLN
2019, March, 20, 10:45:00

РУССКИЙ ГАЗ ДЛЯ СЕРБИИ

В 2018 году «Газпром» поставил в Сербию 2,15 млрд куб. м газа — на 1,2% больше чем в 2017 году (2,12 млрд куб. м).

VENEZUELA'S PAYMENT TO CONOCO $8.7 BLN
2019, March, 20, 10:40:00

EUROPE'S GAS SECURITY

IEA - At the moment, Russia is sending record volumes to Europe while LNG utilisation rates remain relatively low. Limits to European production capacity and import infrastructure (with over half of pipelines operating at monthly peaks above 80%) may contribute to market tightness over the coming years, particularly if Asia continues to absorb the ramp up in global LNG liquefaction capacity.

VENEZUELA'S PAYMENT TO CONOCO $8.7 BLN
2019, March, 20, 10:35:00

S.KOREA'S LNG WILL UP

The South Korean government Tuesday gave its final approval to lower taxes on LNG used for power production by 75%, and raise those on thermal coal by 28% from April 1, in a move likely to boost downstream gas consumption.

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