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Marianna Parraga

Venezuela slows oil output and blending as inventories mount

18 Sep 2019

MEXICO CITY/PUNTO FIJO, Venezuela Venezuela's state-run oil company PDVSA has suspended some crude blending and cut back production as inventories have swelled and U.S. sanctions scare off buyers and shippers, according to internal documents, sources and data.

RPT-Venezuela slows oil output, blending as stocks mount -sources, data

18 Sep 2019

* Venezuela's crude inventories at highest since January 2018

Venezuela slows oil output, blending as stocks mount -sources, data

18 Sep 2019

* Venezuela's crude inventories at highest since January 2018

Venezuelan oil exports fall to lowest level in 2019 as U.S. sanctions bite - data

03 Sep 2019

Venezuela's oil exports fell in August to their lowest level in 2019, internal reports and Refinitiv Eikon data showed, hurt by a halt in purchases by the nation's second largest customer, China National Petroleum Corp (CNPC), following tougher U.S. sanctions.

Citgo profits hit following split, CEO sees 2H improvement

23 Aug 2019

The two new top executives at Citgo Petroleum PDVSAC.UL disclosed this week that net income in the second quarter slid to less than half its level a year earlier, hit by a broad slump for the refining industry as well as complications from U.S. sanctions on Venezuela and Citgo's split with state-run oil company PDVSA.

Citgo profits hit by fallout from split, sees 2H improvement -CEO

23 Aug 2019

Aug 23 The two new top executives at Citgo Petroleum disclosed this week that net income in the second quarter slid to less than half its level a year earlier, hit by a broad slump for the refining industry as well as complications from U.S. sanctions on Venezuela and Citgo's split with state-run oil company PDVSA.

RPT-Rosneft becomes top Venezuelan oil trader, helping offset U.S. pressure

23 Aug 2019

MOSCOW, Aug 22 Russian state oil major Rosneft has become the main trader of Venezuelan crude, shipping oil to buyers in China and India and helping Caracas offset the loss of traditional dealers who are avoiding it for fear of breaching U.S. sanctions.

Rosneft becomes top Venezuelan oil trader, helping offset U.S. pressure

22 Aug 2019

MOSCOW Russian state oil major Rosneft has become the main trader of Venezuelan crude, shipping oil to buyers in China and India and helping Caracas offset the loss of traditional dealers who are avoiding it for fear of breaching U.S. sanctions.

Rosneft becomes top Venezuelan oil trader, helping offset U.S. pressure

22 Aug 2019

MOSCOW, Aug 22 Russian state oil major Rosneft has become the main trader of Venezuelan crude, shipping oil to buyers in China and India and helping Caracas offset the loss of traditional dealers who are avoiding it for fear of breaching U.S. sanctions.

China CNPC suspends Venezuelan oil loading, worried about U.S. sanctions: sources

19 Aug 2019

SINGAPORE/MEXICO CITY China National Petroleum Corp, a leading buyer of Venezuelan oil, has halted August loadings following the latest U.S. sanctions on the South American exporter, three sources with direct knowledge of the matter told Reuters on Monday.

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