PDVSA

 

How Igor Sechin earns on US sanctions against Venezuela

Business19.04.2019

The Venezuelan government uses Rosneft to circumvent US sanctions. According to Reuters, the oil state company PDVSA began to send invoices for fuel to a Russian partner, who pays for them immediately and at a discount, and then resells the resources to other buyers for the full price.

Gazprombank resists corruption in Venezuela

Business05.11.2018

Earlier, former top-manager of the Venezuelan state-owned oil company PDVSA, Abraham Edgardo Ortega, confessed to the US authorities to receive a bribe from a Russian bank and a French oil company.

Canadian company strikes in the American court Igor Sechin

Business27.08.2018

The Delaware court issued an order to arrest the American refinery Citgo at the request of the Canadian Crystallex. About half of Citgo's shares are pledged to Rosneft, and the Russian state-owned company has a week to appeal against the court's decision.

American pledge of "Rosneft" for loans to Venezuela was arrested

Business14.08.2018

The American court arrested a foreign asset of the Venezuelan state company PDVSA - Citgo at the suit of the Canadian company Crystallex. 49.9% of its shares were pledged by Rosneft for its loans of almost $ 6 billion.

The US court may arrest the assets of the company pledged on a loan from Rosneft

Business09.05.2018

This is achieved by the owners of the company, nationalized by Venezuela.

Igor Sechin loses his ally in Latin America

Business04.05.2018

The oil sector of Venezuela is falling apart.

Rosneft has fallen in price by 1.5 trillion rubles after the transactions with Venezuela

Business01.12.2017

The market reacted negatively to Igor Sechin's brotherly financial assistance.

Friends of Igor Sechin from Venezuela on the verge of bankruptcy

Business10.11.2017

The Venezuelan partner of Rosneft - PDVSA - can not pay its debts.

Sechin's expansion: why Trump wants to prevent Rosneft from gaining control over Citgo

Business03.09.2017

Washington is preparing for the possible Rosneft's control over the Venezuelan Citgo, which processes 5% of all US crude oil.

Rosneft invested 6 billion dollars in Venezuela

Business09.08.2017

This is the advance payment of Rosneft to the state company PDVSA for oil supplies.

US fears Rosneft

Business20.05.2017

The Russian state-owned company can gain control over Citgo, which owns energy assets in the US.

Igor Sechin is lured into Venezuelan swamp

Business17.03.2017

PDVSA invited Rosneft to get a share in the joint venture with the US Chevron.

Sechin's weird bails

Business27.02.2017

Rosneft is ready to accept the responsibility for $11 billion of loans to third parties.

Net profit of Rosneft has fallen by half

Business23.02.2017

The company estimated the loss from tax maneuver at 165 billion rubles.

Latin reshuffle: what Russia should expect from the regime change in Venezuela

Governance09.12.2015

For the first time since 1999, supporters of Hugo Chavez lost the majority in the Parliament of Venezuela. That shift can affect the economic relations with Russia: the new authorities can review the existing investment projects.