PDVSA

Latest articles

6h
Op-Ed News
6 Citgo Board of Directors Detained by Venezuelan Governmentofficer. Tarek William Saab, the new Venezuelan Prosecutor General, has been un
Op-Ed News / Posted 6 hours ago
officer. Tarek William Saab, the new Venezuelan Prosecutor General, has been unveiling a large corruption scheme within PDVSA, country's oil company, which may have left the state without 200 million US dollars at least since 2008. It had... Read more
6h
Fortune
Nicolas Maduro's Debt Restructuring Plan Leaves Bondholders WaryUK-based hedge fund, MacroSynergy Partners, has invited institutional holders o
Fortune / Posted 6 hours ago
UK-based hedge fund, MacroSynergy Partners, has invited institutional holders of Venezuelan and state-owned oil company PDVSA debt to a Nov. 30 meeting in London to discuss the likely path forward and the next steps for creditors, according to... Read more
6h
ABC 7 Gulfshore News
Venezuela arrests Citgo chief in anti-corruption dragnetprosecutor Tarek William Saab said. Saab said the deal provided "unconscionabl
ABC 7 Gulfshore News / Posted 6 hours ago
prosecutor Tarek William Saab said. Saab said the deal provided "unconscionable and unfavorable" terms for state oil giant PDVSA and offered Citgo itself as a guarantee on repayment without prior government approval. Mediators of the contract were... Read more
44 related articles
9h
The Times and Democrat
Venezuela arrests Citgo chief in anti-corruption dragnetThe Venezuelan government and PDVSA officially defaulted on billions of dollars
The Times and Democrat / Posted 9 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
9h
The Sentinel
Venezuela arrests Citgo chief in anti-corruption dragnetThe Venezuelan government and PDVSA officially defaulted on billions of dollars
The Sentinel / Posted 9 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
9h
Journal Gazette & Times-Courier
Venezuela arrests Citgo chief in anti-corruption dragnetThe Venezuelan government and PDVSA officially defaulted on billions of dollars
Journal Gazette & Times-Courier / Posted 9 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
9h
The Times of Northwest Indiana
Venezuela arrests Citgo chief in anti-corruption dragnetThe Venezuelan government and PDVSA officially defaulted on billions of dollars
The Times of Northwest Indiana / Posted 9 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
9h
Santa Maria Times
Venezuela arrests Citgo chief in anti-corruption dragnetThe Venezuelan government and PDVSA officially defaulted on billions of dollars
Santa Maria Times / Posted 9 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
9h
Sioux City Journal
Venezuela arrests Citgo chief in anti-corruption dragnetThe Venezuelan government and PDVSA officially defaulted on billions of dollars
Sioux City Journal / Posted 9 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
9h
Rapid City Journal
Venezuela arrests Citgo chief in anti-corruption dragnetThe Venezuelan government and PDVSA officially defaulted on billions of dollars
Rapid City Journal / Posted 9 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
9h
The Bismarck Tribune
Venezuela arrests Citgo chief in anti-corruption dragnetThe Venezuelan government and PDVSA officially defaulted on billions of dollars
The Bismarck Tribune / Posted 9 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
9h
Arizona Daily Sun
Venezuela arrests Citgo chief in anti-corruption dragnetThe Venezuelan government and PDVSA officially defaulted on billions of dollars
Arizona Daily Sun / Posted 9 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
10h
The Chippewa Herald
Venezuela arrests Citgo chief in anti-corruption dragnetThe Venezuelan government and PDVSA officially defaulted on billions of dollars
The Chippewa Herald / Posted 10 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
10h
Fremont Tribune
Venezuela arrests Citgo chief in anti-corruption dragnetThe Venezuelan government and PDVSA officially defaulted on billions of dollars
Fremont Tribune / Posted 10 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
10h
Missoulian
Venezuela arrests Citgo chief in anti-corruption dragnetThe Venezuelan government and PDVSA officially defaulted on billions of dollars
Missoulian / Posted 10 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
10h
The World
Venezuela arrests Citgo chief in anti-corruption dragnetThe Venezuelan government and PDVSA officially defaulted on billions of dollars
The World / Posted 10 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
10h
Lincoln Journal Star
Venezuela arrests Citgo chief in anti-corruption dragnetThe Venezuelan government and PDVSA officially defaulted on billions of dollars
Lincoln Journal Star / Posted 10 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
11h
New York Daily News
Venezuela arrests Citgo chief in anti-corruption dragnetTarek William Saab said. According to Saab, the deal provided "unconscionable
New York Daily News / Posted 11 hours ago
Tarek William Saab said. According to Saab, the deal provided "unconscionable and unfavorable" terms for state oil giant PDVSA and offered Citgo itself as a guarantee on repayment without prior government approval. Mediators of the contract were... Read more
44 related articles
12h
San Antonio Express-News
Citgo executives detained in Venezuela on corruption suspicionsrefinance company bonds. According to Saab, the deal provided "unconscionable
San Antonio Express-News / Posted 12 hours ago
refinance company bonds. According to Saab, the deal provided "unconscionable and unfavorable" terms for state oil giant PDVSA and offered Citgo itself as a guarantee on repayment without prior government approval. Mediators of the contract were... Read more
44 related articles
12h
WFTV 9 Orlando
Acting Citgo president detained in VenezuelaTarek William Saab said. According to Saab, the deal provided "unconscionable
WFTV 9 Orlando / Posted 12 hours ago
Tarek William Saab said. According to Saab, the deal provided "unconscionable and unfavorable" terms for state oil giant PDVSA and offered Citgo itself as a guarantee on repayment without prior government approval. Mediators of the contract were... Read more
44 related articles
13h
Zero Hedge
Bankrupt Venezuela Is Demanding Oil From JV Partners Without PaymentNow that Venezuela, and its state-owned petroleum company PDVSA, were both offi
Zero Hedge / Posted 13 hours ago
Now that Venezuela, and its state-owned petroleum company PDVSA, were both officially declared in default on their debt by ISDA last Friday, analysts were closely watching what the insolvent Maduro government would do next, now that it is - at least... Read more
2 related articles
13h
New York Daily News
Acting Citgo president detained in Venezuelarefinance company bonds. According to Saab, the deal provided "unconscionable
New York Daily News / Posted 13 hours ago
refinance company bonds. According to Saab, the deal provided "unconscionable and unfavorable" terms for state oil giant PDVSA and offered Citgo itself as a guarantee on repayment without prior government approval. Mediators of the contract were... Read more
44 related articles
14h
WPXI Pittsburgh
Officials: Acting Citgo president detained in Venezuelarefinance company bonds. According to Saab, the deal provided "unconscionable
WPXI Pittsburgh / Posted 14 hours ago
refinance company bonds. According to Saab, the deal provided "unconscionable and unfavorable" terms for state oil giant PDVSA and offered Citgo itself as a guarantee on repayment without prior government approval. Mediators of the contract were... Read more
44 related articles
14h
The Chippewa Herald
Officials: Acting Citgo president detained in VenezuelaThe Venezuelan government and PDVSA officially defaulted on billions of dollars
The Chippewa Herald / Posted 14 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
14h
Fremont Tribune
Officials: Acting Citgo president detained in VenezuelaThe Venezuelan government and PDVSA officially defaulted on billions of dollars
Fremont Tribune / Posted 14 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
14h
WSOC-TV Charlotte
Acting Citgo president detained in Venezuelarefinance company bonds. According to Saab, the deal provided "unconscionable
WSOC-TV Charlotte / Posted 14 hours ago
refinance company bonds. According to Saab, the deal provided "unconscionable and unfavorable" terms for state oil giant PDVSA and offered Citgo itself as a guarantee on repayment without prior government approval. Mediators of the contract were... Read more
44 related articles
14h
Missoulian
Officials: Acting Citgo president detained in VenezuelaThe Venezuelan government and PDVSA officially defaulted on billions of dollars
Missoulian / Posted 14 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
14h
The World
Officials: Acting Citgo president detained in VenezuelaThe Venezuelan government and PDVSA officially defaulted on billions of dollars
The World / Posted 14 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
14h
The Times and Democrat
Officials: Acting Citgo president detained in VenezuelaThe Venezuelan government and PDVSA officially defaulted on billions of dollars
The Times and Democrat / Posted 14 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
14h
Lincoln Journal Star
Officials: Acting Citgo president detained in VenezuelaThe Venezuelan government and PDVSA officially defaulted on billions of dollars
Lincoln Journal Star / Posted 14 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
14h
Journal Gazette & Times-Courier
Officials: Acting Citgo president detained in VenezuelaThe Venezuelan government and PDVSA officially defaulted on billions of dollars
Journal Gazette & Times-Courier / Posted 14 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
14h
The Sentinel
Officials: Acting Citgo president detained in VenezuelaThe Venezuelan government and PDVSA officially defaulted on billions of dollars
The Sentinel / Posted 14 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
14h
WSB-TV 2 Atlanta
Officials: Acting Citgo president detained in Venezuelarefinance company bonds. According to Saab, the deal provided "unconscionable
WSB-TV 2 Atlanta / Posted 14 hours ago
refinance company bonds. According to Saab, the deal provided "unconscionable and unfavorable" terms for state oil giant PDVSA and offered Citgo itself as a guarantee on repayment without prior government approval. Mediators of the contract were... Read more
44 related articles
14h
WFTV 9 Orlando
Acting Citgo president detained in Venezuelarefinance company bonds. According to Saab, the deal provided "unconscionable
WFTV 9 Orlando / Posted 14 hours ago
refinance company bonds. According to Saab, the deal provided "unconscionable and unfavorable" terms for state oil giant PDVSA and offered Citgo itself as a guarantee on repayment without prior government approval. Mediators of the contract were... Read more
44 related articles
14h
Santa Maria Times
Officials: Acting Citgo president detained in VenezuelaThe Venezuelan government and PDVSA officially defaulted on billions of dollars
Santa Maria Times / Posted 14 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
14h
The Times of Northwest Indiana
Officials: Acting Citgo president detained in VenezuelaThe Venezuelan government and PDVSA officially defaulted on billions of dollars
The Times of Northwest Indiana / Posted 14 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
14h
Sioux City Journal
Officials: Acting Citgo president detained in VenezuelaThe Venezuelan government and PDVSA officially defaulted on billions of dollars
Sioux City Journal / Posted 14 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
14h
Rapid City Journal
Officials: Acting Citgo president detained in VenezuelaThe Venezuelan government and PDVSA officially defaulted on billions of dollars
Rapid City Journal / Posted 14 hours ago
The Venezuelan government and PDVSA officially defaulted on billions of dollars' worth of bonds earlier this month. The International Swaps and Derivatives Association, a group of banks and brokers that determine whether an entity like Venezuela has... Read more
44 related articles
14h
WFMZ Eastern Pennsylvania and Western New Jersey
Officials: Acting Citgo president detained in Venezuelarefinance company bonds. According to Saab, the deal provided "unconscionable
WFMZ Eastern Pennsylvania and Western New Jersey / Posted 14 hours ago
refinance company bonds. According to Saab, the deal provided "unconscionable and unfavorable" terms for state oil giant PDVSA and offered Citgo itself as a guarantee on repayment without prior government approval. Mediators of the contract were... Read more
44 related articles
15h
FOX Business
Venezuela arrests acting president of U.S. refiner Citgoaccusations, the chief prosecutor said on Tuesday. Authorities detained Jose P
FOX Business / Posted 15 hours ago
accusations, the chief prosecutor said on Tuesday. Authorities detained Jose Pereira during an event at state oil company PDVSA's headquarters in Caracas, two sources told Reuters earlier on Tuesday, in another high-level arrest of an... Read more
44 related articles
15h
FOX Business
Venezuela state oil firm's credit woes spread to US unit Citgo: ReutersHOUSTON/NEW YORK (Reuters) - Washington’s recent sanctions against Venezuelan s
FOX Business / Posted 15 hours ago
HOUSTON/NEW YORK (Reuters) - Washington’s recent sanctions against Venezuelan state-run oil company PDVSA have started to ensnare its U.S. unit, Citgo Petroleum, making it harder for the refiner to obtain the credit it needs to purchase crude,... Read more
2 related articles
15h
FOX Business
Venezuela arrests acting president of U.S. refiner Citgoprosecutor said on Tuesday. Continue Reading Below Authorities detained Jose
FOX Business / Posted 15 hours ago
prosecutor said on Tuesday. Continue Reading Below Authorities detained Jose Pereira during an event at state oil company PDVSA's headquarters in Caracas, two sources told Reuters earlier on Tuesday, in another high-level arrest of an... Read more
44 related articles
15h
FOX Business
Venezuela state oil firm's credit woes spread to US unit Citgo: ReutersHOUSTON/NEW YORK (Reuters) - Washington’s recent sanctions against Venezuelan s
FOX Business / Posted 15 hours ago
HOUSTON/NEW YORK (Reuters) - Washington’s recent sanctions against Venezuelan state-run oil company PDVSA have started to ensnare its U.S. unit, Citgo Petroleum, making it harder for the refiner to obtain the credit it needs to purchase crude,... Read more
2 related articles
15h
The Courier Express Newspapers
Officials: Acting Citgo president detained in Venezuelaon suspicion of embezzlement. Saab said Citgo executives requested loans that
The Courier Express Newspapers / Posted 15 hours ago
on suspicion of embezzlement. Saab said Citgo executives requested loans that would be unfavorable for state oil giant PDVSA and offered confidential information to a competitor. The detentions are part of an ongoing investigation by... Read more
44 related articles
15h
FOX News
Acting Citgo president detained in Venezuelaon suspicion of embezzlement. Saab said Citgo executives requested loans that
FOX News / Posted 15 hours ago
on suspicion of embezzlement. Saab said Citgo executives requested loans that would be unfavorable for state oil giant PDVSA and offered confidential information to a competitor. The detentions are part of an ongoing investigation by... Read more
44 related articles
15h
FOX News
Acting Citgo president detained in Venezuelaon suspicion of embezzlement. Saab said Citgo executives requested loans that
FOX News / Posted 15 hours ago
on suspicion of embezzlement. Saab said Citgo executives requested loans that would be unfavorable for state oil giant PDVSA and offered confidential information to a competitor. The detentions are part of an ongoing investigation by... Read more
44 related articles
23h
Morningstar
Should You Be Concerned About Exposure to Defaulted Venezuelan Bonds?Venezuela had serviced its sovereign and PDVSA bonds against an increasingly di
Morningstar / Posted 23 hours ago
Venezuela had serviced its sovereign and PDVSA bonds against an increasingly dire economic situation and dwindling pile of reserves (estimated under $10 billion) up until late October. At that point, it fell into grace periods on two bonds for both... Read more
1d
Zero Hedge
Venezuela's Default Disasterdisaster is spectacular and the greatest example of the devastating effect of s
Zero Hedge / Posted yesterday
disaster is spectacular and the greatest example of the devastating effect of socialism is the state-owned oil company. PdVSA, the national oil company, has gone from being one of the most efficient and profitable twenty years ago, to end up... Read more
1d
The Hill
Venezuela quickly becoming Russia's newest satellite statebusinesses and farms into bankrupt state enterprises. Making things worse, in
The Hill / Posted yesterday
businesses and farms into bankrupt state enterprises. Making things worse, in 2003, Chavez fired 18,000 employees of PDVSA, the Venezuelan national oil company, and, in 2007, pushed out international oil experts. Today, PDVSA produces only... Read more
1d
The Hill
Russia is meddling in Latin America, tooVenezuela’s state oil company PDVSA, and thus the Venezuelan state, is in defau
The Hill / Posted yesterday
Venezuela’s state oil company PDVSA, and thus the Venezuelan state, is in default. Normally default triggers a crisis for the defaulting government that must undergo major reform and for its creditors who must rearrange payments of their debts. But... Read more
More

In this news