Italy-based tanker company PB Tankers is vowing to fight sanctions placed against it by the U.S. Treasury department over its alleged involvement in the Venezuelan oil sector. PB Tankers S.p.a....

WASHINGTON, April 12 (Reuters) – The United States on Friday announced more sanctions on shipping companies transporting oil from Venezuela, blacklisting four shipping companies and nine vessels, some of which...

HOUSTON, March 15 (Reuters) – A second maritime firm has told Venezuela’s state-run oil firm Petroleos de Venezuela it would end all charter contracts with the company as a result...

By Mircely Guanipa and Marianna Parraga PUNTO FIJO, Venezuela, March 7 (Reuters) – Venezuela’s state-run oil company PDVSA said on Thursday it has not halted business with maritime contractor Bernhard...

By Marianna Parraga March 6 (Reuters) – Plans by the German operator of a portion of the Venezuelan state oil company’s tanker fleet to return 10 vessels because of unpaid...

by Lucia Kassai (Bloomberg) Venezuela is running out of space to store its sanction-stained crude that few dare to buy, forcing it to reduce output at a time when the...

By Collin Eaton and Marianna Parraga HOUSTON/MEXICO CITY, Feb 4 (Reuters) – A flotilla loaded with about 7 million barrels of Venezuelan oil has formed in the Gulf of Mexico,...

By Deisy Buitrago and Marianna Parraga Jan 30 (Reuters) – Venezuela’s oil inventories have started to build up at the country’s ports and terminals as PDVSA is finding it cannot export...

By Mayela Armas and Deisy Buitrago CARACAS, Jan 29 (Reuters) – The Trump administration’s sanctions on Venezuelan oil, aimed at driving President Nicolas Maduro from power, sent shockwaves around the world...

By Julian Lee (Bloomberg Opinion) — President Donald Trump has slapped oil sanctions on Venezuela, and they will hit hard. Although they haven’t been accompanied by threats to drive the country’s oil...

By Matt Spetalnick and Steve Holland WASHINGTON, Jan 28 (Reuters) – The Trump administration on Monday imposed sweeping sanctions on Venezuelan state-owned oil firm PDVSA, the toughest U.S. financial measure...

By Marianna Parraga Oct 2 (Reuters) – Repairs to a dock at Venezuela’s main oil export port will take at least another month to complete following a tanker collision more...

by Marianna Parraga (Reuters) – Venezuela’s main oil port of Jose is operating partially after a tanker collided with a dock at the weekend, curtailing state-run PDVSA’s ability to export...

By Marianna Parraga and Nivedita Bhattacharjee Aug 20 (Reuters) – U.S. producer ConocoPhillips and Venezuela’s PDVSA have reached a payment agreement on a $2-billion arbitration award, the companies said, suspending...

By Marianna Parraga and Mircely Guanipa HOUSTON/PUNTO FIJO, Aug 7 (Reuters) – Venezuela’s state-run oil company PDVSA has limited the damage from an unprecedented slump in crude exports by transferring...

By Marianna Parraga HOUSTON, June 20 (Reuters) – Venezuelan PDVSA’s oil exports fell 32 percent in the first half of June compared with May, according to internal trade reports from the...

  By Marianna Parraga and Mircely Guanipa HOUSTON/PUNTO FIJO, Venezuela, June 7 (Reuters) – Venezuela has begun testing seaborne oil transfers to ease a severe backlog of crude deliveries from its...

By Marianna Parraga June 6 (Reuters) – Venezuela is nearly a month behind in shipping crude to customers from its main oil export port, according to Reuters data, as chronic delays...

CARACAS, May 8 (Reuters) – A legal dispute between ConocoPhillips and Venezuelan state oil firm PDVSA could leave Curacao’s economically important Isla refinery without crude oil to process, posing a...

By Marianna Parraga May 8 (Reuters) – Venezuela’s state-run PDVSA suspended oil storage and shipping from its Caribbean facilities following a move by ConocoPhillips to temporarily seize the firm’s assets...