Showing 906 results for Petroleos Mexicanos sorted by
The United States is considering sanctions against Venezuela to limit the ability of Visa, Mastercard and other financial institutions to process transactions inside the country, as well as block SWIFT access for state-owned financial institutions, Reuters reported March 14.
Although he still has little control over the country's oil sector, Venezuela's partially recognized interim president is proposing a major rescue plan to jump-start Caracas' primary revenue generator.
Stratfor's 2019 Second-Quarter Forecast explores what the coming months ahead will bring, focused on international affairs and global risk through the prism of geopolitics.
The United States will impose sanctions on foreign financial institutions that do business with the government of Venezuelan President Nicolas Maduro, U.S. national security adviser John Bolton announced March 6.
The relocation of the oil company's European office to Moscow and redirected exports won't solve the government's long-term problem of declining oil production.
Mexican President Andres Manuel Lopez Obrador has said his government will not permit any new joint ventures for oil production between state-owned energy company Petroleos Mexicanos (Pemex) and private companies, Reuters reported Feb. 21.
Russian lender Gazprombank has frozen transactions with Venezuela's state-owned energy firm Petroleos de Venezuela (PDVSA) to reduce the risk of falling under U.S. sanctions, Reuters reported Feb. 17.
The U.S. government is considering blocking foreign companies and individuals from conducting business with Venezuela's state-owned energy firm Petroleos de Venezuela (PDVSA), Bloomberg reported Feb. 14.
Growing opposition protests and U.S. sanctions have set the stage for the president’s exit in 2019, leaving behind a crippled and corruption-ridden economy in his place.
After four years of economic collapse and more than a decade of economic mismanagement, Venezuela will need foreign assistance -- but this will be costly and will require oversight.
Juan Guaido, the opposition Venezuelan leader whose claim to the presidency has won partial international recognition, has said his government would remove requirements mandating a controlling stake for state-owned energy company Petroleos de Venezuela (PDVSA) in joint ventures, Bloomberg reported Feb. 4.
Members of the Mexican dissident oil workers' union Gran Alianza Nacional Petrolera have presented a criminal complaint against Sen. Carlos Romero Deschamps, head of the main oil workers' union of Petroleos Mexicanos, better known as Pemex, Polemon reported Feb. 3.
A review of the world's most pressing geopolitical events and insight into what the coming week will bring.
By redirecting oil revenue away from Venezuela's cash-strapped incumbent government, Washington hopes to bolster the country's internationally-recognized opposition.
The U.S. Treasury Department has blocked people and entities subject to U.S. jurisdiction from conducting business with Venezuelan state-owned energy company Petroleos de Venezuela (PDVSA), the BBC reported Jan. 28.
Self-proclaimed Venezuelan President Juan Guaido is planning to introduce new legislation on hydrocarbons to establish flexible fiscal and contractual terms for energy investments in Venezuela, as well as an anti-graft law to target corruption at the state-owned oil and gas company Petroleos de Venezuela (PDVSA), Platts reported Jan. 24.
If the fight against corruption at Pemex causes lingering disruptions, the campaign could become a political liability for the president.
The government's efforts to curb theft at a state-run refinery could be contributing to undersupply at over 1,000 fuel stations.
Anger at crime and corruption catapulted right-wing lawmaker Jair Bolsonaro to victory in October. As he prepares to take office on Jan. 1, 2019, here's a look back at Brazil's -- and Bolsonaro's -- past 12 months.