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Exclusive: After U.S. sanctions, Venezuela seeks to collect some oil payments via Rosneft

(This April 18 story corrects to make clear Reuters could not determine payments were made under the proposed arrangement, removes reference to Evrofinance Mosnarbank and clarifies that experts see no violation of sanctions).....»»

Category: topSource: reutersApr 23rd, 2019

Exclusive: Venezuela skirts U.S. sanctions by funneling oil sales via Russia

President Nicolas Maduro is funneling cashflow from Venezuelan oil sales through Russian state energy giant Rosneft as he seeks to evade U.S. sanctions designed to oust him from power, according to sources and documents reviewed by Reuters......»»

Category: topSource: reutersApr 18th, 2019

Exclusive: Russia clashes with Western oil buyers over new deals as sanctions loom

Russian energy majors are putting pressure on Western oil buyers to use euros instead of dollars for payments and introducing penalty clauses in contracts as Moscow seeks protection against possible new U.S. sanctions......»»

Category: topSource: reutersNov 9th, 2018

Russia clashes with Western oil buyers over new deals as sanctions loom

EXCLUSIVE: Russian energy majors are putting pressure on Western oil buyers to use euros instead of dollars for payments and introducing penalty clauses in contracts as Moscow seeks protection against possible new U.S. sanctions. Francis Maguire reports......»»

Category: videoSource: reutersNov 9th, 2018

US Tightens Sanctions Lasso On Rosneft Operations Handling Venezuelan Oil

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) continues to pursue Russian state-controlled Rosneft Oil Co. (OTCMKTS: RNFTF) and its overseas affiliates involved with international transactions of Venezuela oil. read more.....»»

Category: blogSource: benzingaMar 13th, 2020

US Tightens Sanctions Lid On Russian Oil Shipper Rosneft

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has added another entity of Russian oil shipper Rosneft to its growing list of sanctioned companies that continue to conduct business with the Maduro regime of Venezuela. read more.....»»

Category: blogSource: benzingaFeb 18th, 2020

Trump Sanctions Rosneft, Russia"s Largest Oil Company, For Helping Maduro In Venezuela

Trump Sanctions Rosneft, Russia's.....»»

Category: blogSource: zerohedgeFeb 18th, 2020

Rosneft sanctioned by Treasury for supporting Maduro regime

The Trump administration on Tuesday announced sanctions on Rosneft Trading S.A., a unit of Rosneft Oil Co. over operating in Venezuela's oi.....»»

Category: topSource: marketwatchFeb 18th, 2020

Exclusive: Venezuela"s PDVSA steps up fuel shipments to Cuba as shortages bite

Venezuela's state energy firm PDVSA has been shipping more oil this month to close ally Cuba, as tighter U.S. sanctions have worsened fuel shortages on the Caribbean island, according to sources and internal company documents seen by Reuters......»»

Category: topSource: reutersFeb 14th, 2020

Exclusive: Weakened by sanctions, Venezuela"s PDVSA cedes oilfield operations to foreign firms

Venezuelan st.....»»

Category: topSource: reutersJan 3rd, 2020

Exclusive: Facing U.S. sanctions, Venezuela offers suppliers payment in Chinese yuan - sources

Venezuela's government and its oil company PDVSA have offered to pay suppliers and contractors into accounts in China using the yuan currency, five people familiar with the matter said......»»

Category: topSource: reutersNov 28th, 2019

Former Chevron exec seeks $500 million for post-sanctions Venezuela

The former chief of Chevron Corp's Latin .....»»

Category: topSource: reutersOct 21st, 2019

Exclusive: New York Fed cracks down on Puerto Rico banks following Venezuela sanctions

U.S. sanctions on Venezuela have led the New York Federal Reserve to crack down on Puerto Rico's $50 billion offshore banking industry, according to four sources and a document seen by Reuters......»»

Category: topSource: reutersApr 18th, 2019

Exclusive: Venezuela"s PDVSA braces for low output from crucial crude upgraders

Venezuelan state-owned oil company PDVSA expects its crucial crude upgraders to operate well below capacity this month, according to industry sources and documents seen by Reuters, as U.S. sanctions and energy blackouts hit the OPEC nation's oil industry......»»

Category: topSource: reutersApr 4th, 2019

Exclusive: Venezuela oil exports stable in March despite sanctions, blackouts

Venezuela's state-run energy company, PDVSA, kept oil exports near 1 million barrels per day in March despite U.S. sanctions and power outages that crippled its main export terminal, according to PDVSA documents and Refinitiv Eikon data......»»

Category: topSource: reutersApr 2nd, 2019

Exclusive: Venezuela oil exports stable in March despite sanctions, blackouts -data

Venezuela's state-run energy company, PDVSA, kept oil exports near 1 million barrels per day in March despite U.S. sanctions and ongoing power outages that crippled its main export terminal, according to PDVSA documents and Refinitiv Eikon data......»»

Category: topSource: reutersApr 2nd, 2019

Exclusive: Trump eyeing stepped-up Venezuela sanctions for foreign companies - Bolton

U.S. President Donald Trump is considering imposing sanctions on companies from other countries that do business with Venezuela to cut off revenues to President Nicolas Maduro, Trump's national security adviser John Bolton told Reuters TV on Friday......»»

Category: topSource: reutersMar 29th, 2019

Exclusive: Shell seeks to sell Venezuela JV stake to France"s Maurel & Prom - sources

Royal Dutch Shell Plc is negotiating the sale of its stake in a Venezuelan oil joint venture to Paris-based Maurel & Prom , three sources said this week, a move to scale down its crude business in the ailing OPEC-member country to focus on gas......»»

Category: topSource: reutersOct 11th, 2018

Russia"s oil sanctions cost may bounce back West

EXCLUSIVE: Russia's national oil company, Rosneft, wants its big Western clients such as BP and Royal Dutch Shell to take penalties and fees if new U.S. sanctions disrupt Russian sales......»»

Category: videoSource: reutersNov 7th, 2018

Exclusive: Rosneft"s Sechin flies to Venezuela, rebukes Maduro over oil shipments

The head of Russian oil company Rosneft , Igor Sechin, flew to Caracas this week to meet Venezuelan President Nicolas Maduro and complain over delayed oil shipments designed to repay loans, two sources briefed on the conversation said on Saturday......»»

Category: topSource: reutersNov 24th, 2018

Exclusive: U.S. senators ask White House to probe ZTE work in Venezuela

Two U.S. senators on Wednesday will ask the Trump administration to investigate whether ZTE Corp, the Chinese telecommunications company, violated U.S. sanctions by helping Venezuela set up a database that monitors the behavior of its citizens......»»

Category: topSource: reutersNov 28th, 2018