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Finishing Hugo Chavez's unfinished task in Venezuela

Sustaining the Bolivarian revolution after Hugo Chavez won’t be easy. But we must all celebrate its considerable achievements and wish it well, says Praful Bidwai. He was called a......

RIL in talks with PdVSA to produce heavy oil

Reliance Industries is in talks with Venezuela's PdVSA to produce heavy oil in the South American OPEC nation, PdVSA, executive director Fadi Kabboul said on Wednesday. Venezuela's state oil......

Rajasthan oil field: Venezuelan firm, OIL ink pact

Venezuelan national oil company Petroleos de Venezuela S A (PDVSA) will help Oil India Ltd exploit about $2 billion worth of heavy crude oil in Baghewala oil field in Rajasthan.The field is......

India eyes oil-for-drugs deal with Venezuela to recoup pharma cash

Like pharmaceutical companies globally - which used to enjoy a preferential exchange rate in Venezuela - Indian producers have been left badly stung by the collapse of the bolivar currency Indian......

OVL wants to dip into RIL payments to clear Venezuelean dues

The firm has now proposed two options -- either Venezuela offers it crude oil in lieu of the dues or adjustments are made with 300,000 to 400,000 barrels per day of crude oil being imported by RIL.......

Reliance eyeing Petronas stake in Venezuela project

Reliance Industries is looking at buying Petronas' 11 per cent stake in Venezuela's $20 billion Carabobo-1 project, a company official said. RIL, which had in 2009 dropped out of the winning bid......

Drivers puzzled by Formula One's new rules for tyres

IMAGE: Mercedes mechanic checks the pressure of Pirelli tyres ahead of the Italian F1 Grand Prix in Monza (Image used for representational purposes). Photograph: Max Rossi/Reuters Formula One's......

Lopez replaces Boullier as Lotus F1 principal

Gerard Lopez replaced Frenchman Eric Boullier on Friday as principal of the unsettled Lotus Formula One team.The timing of the news immediately triggered speculation that Boullier could be heading......

Williams boosted by new F1 commercial deal

A new Formula One commercial agreement helped to boost first half profit and turnover for Williams Grand Prix Holdings, the former champion motor racing team. Net profit for the British-based team......

Formula One grid shows a wealth of talent

Jarno Trulli and Rubens Barrichello could only commiserate with one another after their Formula One teams replaced them with fresher faces for the new season. What softened the blow for the......

Maldonado signs up for Williams in 2012

Venezuelan Pastor Maldonado will race for Williams again next season with Finland's Valtteri Bottas handed the role of reserve, the Formula One team said on Thursday. There was no mention of the......
  Web results for Pdvsa
Venezuela says 'a challenge' to recover lost crude output by end 2018

VIENNA (Reuters) - Venezuela has the ability to boost crude output by 1 million barrels per day (bpd) by end of the year in its bid to recover lost... ...

http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/v7zUzhkFRAg/venezuela-says-a-challenge-to-recover-lost-crude-output-by-end-2018-idINKBN1JI15T
Venezuela's PDVSA mulling force majeure on oil exports - sources

HOUSTON/CARACAS (Reuters) - Venezuela's state-owned oil company PDVSA is considering a declaration of force majeure if customers do not accept new... ...

http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/_35NCvKg4CI/venezuelas-pdvsa-mulling-force-majeure-on-oil-exports-sources-idINKCN1J205H
Venezuela halts payments to ONGC, San Cristobal imperiled

NEW DELHI (Reuters) - Venezuela's state oil company PDVSA has halted payment to India's ONGC Videsh Ltd (OVL), Managing Director N K Verma said on... ...

http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/bRiLda1_-lE/venezuela-halts-payments-to-ongc-san-cristobal-imperiled-idINKCN1IW2P9
Chevron evacuates Venezuela executives following staff arrests

(Reuters) - U.S. oil major Chevron Corp has evacuated executives from Venezuela after two of its workers were imprisoned over a contract dispute... ...

http://www.business-standard.com/article/reuters/chevron-evacuates-venezuela-executives-following-staff-arrests-118042600072_1.html
U.S. says ex-official at PDVSA unit pleads guilty to money laundering

pleaded guilty on Thursday to a U.S. charge of conspiracy to commit money laundering, the U.S. Justice Department said. Cesar Rincon, a Venezuelan... ...

http://www.business-standard.com/article/reuters/u-s-says-ex-official-at-pdvsa-unit-pleads-guilty-to-money-laundering-118042000025_1.html

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