Poland’s largest company, Orlen SA, is convinced that previous employees at the firm’s Swiss trading unit cost the business ...
The bulk of the losses pertained to purchases of oil from Venezuela: on that both Rog and ... think through the issue and acted according to a rule that all that the predecessors had done is ...
“The new management didn’t think through the issue and acted according to a rule ... prepayment — probably for oil from South Sudan, according to Rog. The next advance payment was carried out in ...
Venezuela's state-run oil company PDVSA plans to increase digital currency usage in its crude and fuel exports as the U.S.
USDT-issuer Tether says it will block payments made to OFAC-sanctioned entities after Venezuela’s state-run oil company said ...
Venezuelas state oil company, PDVSA, is facing renewed US sanctions. To secure its oil trade revenues, it is increasingly ...
The U.S. Treasury Department said last week that it will reimpose oil-related sanctions on Venezuela, giving PDVSA customers and providers until May 31 to wind down transactions under a general ...
Corruption in Venezuela's oil industry is a many-headed monster that has devoured billions of dollars in taxpayers' money in the past 20 years, experts say. Long the country's only notable export ...
The company's statement said the deal to develop and produce oil and gas in Venezuela was closed on April 17 and involves two onshore areas with a current output of 3,000 barrels per day.
The U.S. Treasury Department in October issued a licence lifting sanctions on Venezuela's oil production and exports through mid-April, prompting trading houses to buy cargoes from little known ...