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Oil storage tanks explode in Venezuela, while main terminal resumes shipments

14 Mar 2019

CARACAS/PUNTO FIJO, Venezuela Two storage tanks exploded at a heavy-crude upgrading project in eastern Venezuela on Wednesday, according to an oil industry source and a legislator, while the country's main oil terminal resumed shipments after a prolonged blackout.

WRAPUP 2-Oil storage tanks explode in Venezuela, while main terminal resumes shipments

14 Mar 2019

CARACAS/PUNTO FIJO, Venezuela, March 13 Two storage tanks exploded at a heavy-crude upgrading project in eastern Venezuela on Wednesday, according to an oil industry source and a legislator, while the country's main oil terminal resumed shipments after a prolonged blackout.

UPDATE 2-Storage tanks explode at Venezuela heavy oil project -sources

13 Mar 2019

March 13 Two storage tanks have exploded at the Petro San Felix heavy-crude upgrading project in eastern Venezuela, according to an oil industry source and a legislator.

Venezuela blackout halts most oil exports, hits crude upgrading: sources

11 Mar 2019

CARACAS/PUNTO FIJO, Venezuela Venezuelan state-run oil firm PDVSA has been unable to resume crude exports at its primary port since last week's blackout, according to people familiar with the matter, indicating that the country's massive power outage is crippling the OPEC nation's principal industry.

UPDATE 2-Venezuela's blackout halts oil exports from primary port

11 Mar 2019

CARACAS/PUNTO FIJO, Venezuela, March 11 (Reuters) - V enezuela's state-run oil firm PDVSA has been unable to resume crude exports from its primary port since last week's massive power outage, essentially crippling the OPEC nation's principal industry, people familiar with the matter said on Monday.

Venezuela's PDVSA says still working with German shipping firm

07 Mar 2019

PUNTO FIJO, Venezuela Venezuela's state-run oil company PDVSA said on Thursday it has not halted business with maritime contractor Bernhard Schulte Shipmanagement (BSM), after the German firm notified it would remove crews operating 10 of 15 PDVSA vessels over unpaid fees and return the tankers.

Venezuela shuts border with Caribbean islands ahead of aid efforts

19 Feb 2019

PUNTO FIJO, Venezuela Venezuela on Tuesday shut the maritime border with nearby Dutch Caribbean islands ahead of an opposition effort to bring in humanitarian aid from foreign territories including neighbouring Curacao despite the protests of President Nicolas Maduro.

Trading houses hit speed bumps in reselling Venezuelan oil: sources

07 Feb 2019

Trading houses that resell Venezuelan crude oil have not yet found workarounds since the United States announced sanctions to cut off socialist President Nicolas Maduro's revenue, according to shipping data and sources.

As Venezuela scrambles for fuel, looming sanctions tangle exports

31 Jan 2019

PUNTO FIJO, Venezuela/HOUSTON Venezuela is ramping up pressure on fuel suppliers to deliver cargoes to its state-run oil firm even if payment issues have not been sorted amid U.S. sanctions, while European clients put scheduled export shipments on hold.

UPDATE 2-As Venezuela scrambles for fuel, looming sanctions tangle exports

31 Jan 2019

PUNTO FIJO, Venezuela/HOUSTON, Jan 31 Venezuela is ramping up pressure on fuel suppliers to deliver cargoes to its state-run oil firm even if payment issues have not been sorted amid U.S. sanctions, while European clients put scheduled export shipments on hold.

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