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Petroleos de Venezuela (PVDSA)

Edificio Petróleos de Venezuela
Av. Libertador La Campiña, torre Este
Distrito Federal

Telephone : 58-212-7081111
Email :
Web :

Article archive for Petroleos de Venezuela (PVDSA);

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Explosion at major Venezuela refinery injures two 02 January 2018

A furnace exploded during a unit restart at Venezuela’s largest refining complex, injuring two workers, sources told Reuters on December 28. The explosion occurred at the naphtha reformer of the Cardon refinery on the Paraguana peninsula, the sources said. The two victims are receiving medical treatment....

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Venezuelan oil company could lose key Dutch Antilles oil terminal because of lack of funds for maintenance 19 December 2017

Authorities on the Dutch Caribbean island of Bonaire have warned Venezuela’s state-owned oil company PDVSA could lose its license to operate an oil storage terminal it owns if it does not soon fulfil maintenance demands by regulators. According to a Reuters report, the company has until January 5 to introduce maintenance and safety enhancements at the terminal or it would be shut down....

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News Extra: Political unrest in Venezuela increases pressure on state oil company PDVSA 22 September 2017

The move by Venezuelan President Nicolas Maduro to bypass the country’s opposition-led Congress and appoint a new assembly to rewrite the constitution has increased instability across the country’s politics and institutions, with street protests and official repression increasingly resembling a low level civil war. One key institution that is facing a very uncertain future is the state oil company, Petroleos de Venezuela SA (PDVSA)....

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Venezuela's PDVSA announces major oil spill 08 November 2016

Venezuela's state oil company PDVSA said on November 7 that an oil spill in central Anzoategui state east of Caracas had polluted drinking water supplies to a number of communities over a radius of 50 kilometres. The leak occurred in a pipeline in the locality of Santa Clara and the group said it had launched an operation to supply drinking water and protect local ecosystems....

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Venezuela loses US refinery stake to ConocoPhillips after court ruling 24 September 2015

A US Federal Court has upheld an International Chamber of Commerce (ICC) arbitration allowing US oil giant ConocoPhillips to take Venezuelan state oil company PDVSA’s 50% stake in a delayed coking unit at the Sweeny refinery in Old Ocean, Texas. The 70,000 barrel-per-day coking unit was originally owned by a joint venture between PDVSA and Phillips. ...

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Spill from Venezuelan oil plant pollutes river 01 April 2015

Reports from local sources in mid-March say a significant leak from state-owned oil giant PDVSA’s Jusepín complex has polluted the Guarapiche River in northeastern Venezuela.In February 2012 some 80,000 barrels‘ worth of oil spilled into the river within 20 hours. At the time, it was the worst oil slick Venezuela had seen in 74 years....

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Explosion at PDVSA refinery on Curacao injures two 07 November 2014

An explosion at a gas plant of Curacao's 335,000 barrel per day (bpd) Isla refinery on November 5 injured two people, according to workers at the facility quoted by Reuters. The Venezuelan state oil company PDVSA, which operates the refinery on the former Dutch Caribbean island, would not comment on the issue....

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Venezuela says it will pay under $1 bn to Exxon over 2007 nationalisation 16 October 2014

On October 9 the World Bank’s ICSID tribunal awarded Exxon Mobil $1.6 billion compensation for its nationalised assets in Venezuela. The case relates to the 2007 takeover of a large heavy crude project in the Orinoco region by then president Hugo Chavez's government....

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Venezuelan Government insists power cuts and infrastructure failures caused by “sabotage” 05 December 2013

On the night of December 2, a large-scale power outage plunged large parts of Venezuela into darkness. Power was cut in Caracas and other cities around the country in the evening for several hours, which affected both residents and commuters. The outage was similar to the massive blackout on September 5, one of the worst in the country’s history....

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Venezuela President says 2012 refinery blast was sabotage 28 August 2013

President Nicolas Maduro of Venezuela has said that the Amuay refinery disaster on 25 August 2012, which killed 42 and injured dozens more, was caused by sabotage carried out by political opponents. A serious of explosions and subsequent fire destroyed part of the refinery, as well as adjacent homes and businesses, and resulted in damage worth more than $2 billion....

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