As you've seen before here in Oil & Energy Investor,
national oil company PDVSA looms large in this unfolding crisis.
Not exact matches
The arrests, by
national intelligence agents, marked the first at a Western
oil firm in Venezuela and represent a dramatic escalation of growing tensions between
PDVSA and foreign
companies over control of supply contracts.
The arrests, by
national intelligence agents, marked the first at a Western
oil firm in Venezuela and represent a dramatic escalation of growing tensions between
PDVSA and foreign
companies over control of supply contracts, the sources told Reuters.
Despite the dominance of the
national oil company, Petróleos de Venezuela (
PDVSA), its
oil industry was for a long time professionally run.
An issue right now is whether the Trump Administration will impose sanctions on
PDVSA, the
national oil company.
2002, after strikes and demonstrations about his corrupt appointments to
PDVSA (the
national oil company), and 19 people dead, the military removed Chavez from power, arrested, and denied his request for asylum in Cuba.
Hot on the heels of Exxon Mobil's failure to hang on to the $ 12bn worldwide freezing injunction ordered by the English court against
PDVSA, the Venezuelan
national oil company, an attempt at freezing the assets of the Republic of Bolivia and its telecommunications
company, Entel, has recently been thrown out by the English court.
PDVSA is the
national oil company of Venezuela and wholly owned by the Bolivarian Republic of Venezuela.
Acting for Bolivia, we successfully discharged freezing injunctions in the value of US$ 12 billion obtained by Exxon Mobil against
PDVSA, the Venezuela
national oil company and the Republic of Bolivia.
ConocoPhillips has reportedly seized
oil products belonging to Venezuela's
national oil and gas
company PDVSA on the Dutch island of Curacao in the Caribbean, after a local court authorised the
company to take hold of US$ 636 million worth of assets to satisfy a US$ 2 billion ICC award.
Representing a global engineering
company in an ICC arbitration against Venezuela's
national oil company,
PDVSA concerning the termination of contracts for the operation of water injection platforms and counterclaims relating to maintenance of platforms.