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PDVSA Begins US Trial over Claim Sanctions Prevented Debt Payments

2021-09-21 15:36:15| OGI

PDVSA, in a bench trial before U.S. District Judge Louis Stanton, will present evidence it says shows attempts to pay were blocked by banks wary of sanctions.

Tags: trial claim payments begins

 

ICC Tribunal Dismisses Conocos $1.5 Billion Claim Against PDVSA

2019-08-05 17:02:41| OGI

Arbitrators rule that PDVSA only owes $33.7 million plus interest.

Tags: claim billion tribunal icc

 
 

US hits 'corrupt' Venezuela oil firm PDVSA with sanctions

2019-01-28 22:49:12| BBC News | Business | UK Edition

US puts sanctions on PDVSA and urges Venezuela's military to accept a peaceful power transfer.

Tags: firm hits oil venezuela

 

Conoco says PDVSA using Citgo sale to hinder arbitration payment: filing

2014-11-27 17:30:13| Oil & Gas - Topix.net

Venezuela's state-run oil company PDVSA is using the sale of its Citgo Petroleum Corp refining assets to hinder the ability of ConocoPhillips said expropriation of Conoco's assets was unlawful. A final ruling is expected for 2015, according to Venezuelan officials and Conoco.

Tags: sale payment filing arbitration

 

PDVSA orders ten new Damen ASD 2810 Tugs

2014-06-16 01:00:00| Ship Technology

Dutch shipbuilding group Damen has received an order from Petroleos de Venezuela SA (PDVSA) to deliver ten azimuthing stern drive (ASD) 2810 tugs, as part of its tug fleet renewal and strategic shift from chartered to owned tonnage.

Tags: orders damen asd pdvsa

 

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