Coronavirus-related Inspections Delay Venezuelan Oil Exports
At least two cargoes of Venezuelan crude have been delayed due to health inspections aboard tankers to prevent the spread of the coronavirus, according to an internal document from state oil company Petroleos de Venezuela seen by Reuters.The delays add to a growing glut of…
Citgo: Oil Tanker Caught in Dispute Enters International Waters
U.S. refiner Citgo said the Gerd Knutsen oil tanker, which had been carrying crude claimed by both the company and Venezuelan parent PDVSA, departed Venezuela's Jose Terminal on Thursday and entered international waters on Friday morning.The tanker over the past week discharged its 1 million barrel cargo…
Ven's Blackout Halts Oil Exports From Primary Port
Venezuela'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.Power remained patchy in most…
Oil Prices Jump as Gulf of Mexico Rigs Evacuated
Oil prices rose sharply on Tuesday after the evacuation of two Gulf of Mexico oil platforms in preparation for a hurricane.U.S. light crude rose $1.60 a barrel from Friday's close to a peak of $71.40, its highest since mid-July, before easing slightly to around $71.15 by 1140 GMT. U.S.
Venezuelan Crude Sales to the US Jump 4% in May
Venezuelan crude oil sales to the United States rose nearly 4 percent in May to 762,000 barrels per day (bpd) after declining since January amid falling output and delays at the country's main oil port, according to Thomson Reuters data on Tuesday. The United States last month received 47 cargoes of Venezuelan crude…
Venezuela importing 2.5-3 mln naphtha bblpm
Venezuela is importing 2.5 million to 3 million barrels of heavy naphtha per month from Caribbean facilities and trading firms to use as diluent for extra heavy oil output, according to an internal report from state oil company PDVSA seen by Reuters. A tender was awarded to trading firm Vitol in the second quarter of the year…
Second Algerian Light Crude Cargo Arrives at Venezuelan Port
A tanker carrying Algerian light oil arrived at the Venezuelan port of Jose late on Monday and is waiting to unload up to 2 million barrels in PDVSA's second crude purchase from state-run Sonatrach, according to Reuters vessel-tracking data. Venezuela last month started importing crude for the first time in its history.
Second Algerian Crude Cargo Sails to Venezuelan Port
A second tanker carrying Algerian light crude for Venezuela's state-run PDVSA has sailed from Bejaia port and is scheduled to deliver up to 2 million barrels at Jose terminal on Nov. 17, according to Reuters vessel tracking data. Venezuela last month started importing crude for the first time in its history…
PDVSA Splits Algerian Crude Discharge
The tanker Carabobo carrying Algerian light crude to Venezuela has finished unloading at Jose terminal and has set sail to the Caribbean island of Saint Eustatius, where it will deliver the rest of its content, according to Reuters vessel tracking data and a document from state-run PDVSA.
PDVSA Charters Another Algerian Crude Cargo
Venezuela's state-run oil company PDVSA has hired a supertanker to load a second 2 million-barrel cargo of Algerian crude, according to preliminary tanker fixture data. Venezuela will start importing light crude this month with a shipment of Algerian Saharan Blend scheduled to arrive at its Jose terminal on Oct. 26.
