ConocoPhillips gets judge to approve seizing of payments to …
WEB16 hours ago · The court-approved receiver will control any compensation payable to PDVSA for relinquishing a right to the joint Dragon Gas Field project, and any infrastructure it owns, court documents showed.
Treasury Sanctions Venezuela’s State-Owned Oil Company …
WEBWashington – Today the Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Petroleos de Venezuela, S.A. (PdVSA) pursuant to Executive Order (E.O.) 13850 for operating in the oil sector of the Venezuelan economy.
Conoco Court Win Sends Venezuela's Gas Money Up In Smoke
WEB14 hours ago · ConocoPhillips has taken a significant step forward in its long-standing battle to recover payments from Venezuela's state oil company, PDVSA. On September 27, 2024, a Trinidadian court approved...
US court overseeing Citgo share auction ends talks with Venezuela ...
WEB18 hours ago · A U.S. court officer overseeing an auction of shares in a Citgo Petroleum (PDVSAC.UL) parent disclosed on Friday he has ended talks with holders of Venezuela 2020 bonds seeking to receive...
ConocoPhillips Secures Court Approval to Seize Payments to …
WEB1 day ago · PDVSA has seven days after being served with the Trinidad court's latest decision to try and have it set aside. The court's decision comes as part of ConocoPhillips' ongoing efforts to recover compensation after the expropriation of its assets by Venezuela.
ConocoPhillips wins judge's approval to seize payments to Venezuela's PDVSA
WEBA Trinidad court said Friday it approved the seizure of payments from Trinidad to Venezuela's state oil company PDVSA for a proposed offshore gas project between the neighboring countries.
US broadly eases Venezuela oil sanctions after election deal
WEBOct 18, 2023 · Two decades of mismanagement and insufficient investment, coupled with U.S. oil sanctions since 2019, are expected to stymie state-run PDVSA's ability to make a quick comeback to cash-paying...
Billionaire Texas oilman inks deal with Venezuela’s state ... - AP News
WEBApr 24, 2024 · As part of the deal announced Wednesday, LNG was awarded contracts by state-run PDVSA to take over production and develop two oil fields in eastern Venezuela that currently produce about 3,000 barrels of crude per day.
U.S. reconsiders Venezuela oil sanctions as deadline approaches : NPR
WEBApr 16, 2024 · It slapped sanctions on Venezuela's state-run oil company, known as PDVSA, which effectively prevented it from selling petroleum to the United States — Venezuela's biggest customer. Along with...
Judge Clears Way for Final Bids on Citgo in Setback to PDVSA
WEBMay 17, 2024 · Judge Clears Way for Final Bids on Citgo in Setback to PDVSA. PDVSA’s claim that bondholders are favored in sale is rejected; Exxon, Siemens, Crystallex among those pushed out of Venezuela