Venezuela Oil & Gas Articles

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Downbeat Outlook On Downstream Sector

While we forecast an uptick in Venezuela's nameplate refining capacity, from 1.3mn b/d in 2012 to 1.5mn b/d in 2017, this is well below the level implied by PdVSA's number of planned projects. Our...

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Loan Management Key For PdVSA

PdVSA has secured yet another line of credit from Gazprombank that will give the cash-tight firm some breathing room to support its operations. However, we continue to highlight that these loans...

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