Pdvsa

The PDVSA 2026 bond slipped 1 cent to trade at 24.5 cents in the dollar, while the sovereign 2024 issue added 0.44 cents to 32.2 cents - its highest level in 15 months.

Venezuela's PDVSA misses debt payments, used Russian bank to pay ONGC - sources

ONGC Videsh, the overseas investment arm of ONGC, confirmed that PDVSA had fallen behind on the payments, but declined to give details on the delays.

Exclusive - Millions of barrels of Venezuelan oil stuck at sea

More than 4 million barrels of Venezuelan crude and fuels are sitting in tankers anchored in the Caribbean sea, unable to reach their final destination because state-run PDVSA cannot pay for hull cleaning, inspections, and other port services, according to internal documents and Reuters data.

Venezuela's 2015 oil revenues plunge 40%

PDVSA - the world's fifth-largest oil company - earned USD 72.2 billion in revenues last year, a sharp drop from 2014's USD 121.9 billion.

More investments may increase oil production: Platts

Robert Perkins, Senior News Correspondent, Platts gives us his analysis on what the impact of Hugo Chavez's death will be on the Venezuelan oil industry as well as the global oil markets.

RIL signs 15 year oil contract with PDVSA; stock down

Reliance Industries (RIL) has signed 15 year oil contract with Venezuela's PDVSA, reports The Financial Express. At 09:28 hrs the share was quoting at Rs 839, down Rs 5.10, or 0.60%. It has touched an intraday high of Rs 848 and an intraday low of Rs 839.

Expect Crude prices to remain firm: Nirmal Bang

Nirmal Bang has come out with its report on crude oil. According to the research firm, crude oil prices are trading higher on NYMEX today. Prices are expected to remain firm on account of overall optimism of liquidity in the financial markets.