PDVSA Woes Deepen as Caribbean Debt Soars
Unpaid debts and broken promises are making Venezuelan oil giant PDVSA an outcast in several Caribbean countries where it had been a guest of honor. The state-run company's crumbling finances are causing operational disruptions across one of its most essential regions, according to internal company documents, six sources with knowledge of its operations, and Thomson Reuters vessel-tracking data.
OPIC to Support Jamaican Solar Energy Facility
The Overseas Private Investment Corporation (OPIC), the U.S. Government’s Development Finance Institution, today signed a financing agreement with Content Solar Ltd., solidifying a $47 million OPIC loan to support a 20 megawatt grid-connected solar photovoltaic facility in Clarendon, Jamaica. The project is being developed by Tampa, Fla.-based WRB Enterprises (WRB).
Jamaica's Petrojam to Buy Product Tankship Cargoes
Jamaica's refining company Petrojam launched a tender to buy a 265,000 barrel cargo combining gasoline, high-sulfur diesel (HSD) and jet fuel for delivery May 1-3 at Kingston, according to a document seen by Reuters on Monday. Petrojam, formed by the Jamaican government and Venezuela's state-run PDVSA to run the 35,000 barrel per day Kingston refinery, this month also bought a 100…
Petrojam to Buy Gasoline, Diesel and Jet Fuel
Jamaica's refining company Petrojam launched a tender to buy a 265,000 barrel cargo combining gasoline, high-sulfur diesel (HSD) and jet fuel for delivery May 1-3 at Kingston, according to a document seen by Reuters on Monday. Petrojam, formed by the Jamaican government and Venezuela's state-run PDVSA to run the 35,000 barrel per day Kingston refinery, this month also bought a 100…
