Oil spills in Venezuela
The figures presented below are the result of the monitoring and systematization of news and reports on oil spills in Venezuela. We must point out that the information was gathered by analyzing portals, networks and expert organizations on the subject such as Clima 21, the Observatorio de Ecología Política de Venezuela, the Observatorio Venezolano de […]
Flaring of natural gas: global impact and Venezuela’s critical case
Flaring of natural gas is one of the main sources of carbon dioxide (CO₂) emissions worldwide. Although it is sometimes necessary for safety reasons or due to the lack of infrastructure to capture and process gas, its excessive use represents a serious environmental threat, a waste of energy and industrial resources, and a risk to […]
Management of PDVSA AD HOC and CITGO during 2024
The Ad Hoc Administrative Board of PDVSA reiterates its commitment to defending Venezuela’s assets abroad, fulfilling its mandate to safeguard PDVSA’s assets. In 2024, the Board has faced claims exceeding $20 billion, primarily stemming from expropriations and debts incurred under the negligent regimes of Hugo Chávez and Nicolás Maduro. Since 2018, the District Court of […]
Regarding the Special Master’s statement on the orderly sale of PDVH shares.
Houston, September 27, 2024 Dear Venezuelans, Today, the Special Master in the case of Crystallex vs. Venezuela has presented his recommended bidder for the court-ordered sale by the U.S. District Court of Delaware for 100% of the shares in PDVH. The offer is reportedly contingent upon multiple unresolved issues within and outside the judicial process. […]
Barclays recommends buying PDVSA 2020 bonds as CITGO sale nears
Barclays está recomendando comprar bonos de la empresa petrolera estatal de Venezuela, PDVSA, que vencieron en 2020, argumentando que un tribunal de Delaware podría permitir la liberación del aval sobre la deuda en mora antes de julio. La reclamación de los tenedores de bonos podría resolverse antes de la venta ordenada por el tribunal de […]
