FILE PHOTO: A man wears a cap with the logo of PDVSA as he attends the swear - in ceremony of the new board of directors of Venezuelan state oil company PDVSA in Caracas, Venezuela January 31, 2017. (reuters.com)
Saudi Arabia's willingness to delay the initial public offering of state oil company Aramco to 2019 has several motivations, from regulatory risk to competing projects in the government's crowded agenda. (bloomberg.com)
Venezuela's President Nicolas Maduro on Nov. 2 announced plans to restructure the country's foreign debt, but also said state oil company Petroleos de Venezuela would make a $ 1.1 billion payment on a bond maturing the same day. (breakingviews.com)