State-owned oil company Petroleos de Venezuela (PDVSA) saw its debt jump 42 percent in 2009, compared to a year earlier, climbing to 21.4 billion dollars, according to official figures. In 2008, PDVSA's debt was 15.09 billion dollars, but in the early months of 2009 the energy crisis ...

Venezuela's state-owned oil giant PDVSA has agreed to buy nearly half of the government-owned Dominican Oil Refinery (REFIDOMSA) for 131.5 million dollars, Dominica's finance minister said. Talks to sell 49 percent of the refinery shares concluded late Thursday after negotiations with a senior Petroleos de Venezuela official ...

Venezuela buys ConocoPhillips' stake in offshore natural gas projectVenezuela's state oil company has purchased ConocoPhillips' 40 percent stake in a joint natural gas venture with Chevron Corp. Terms of the deal announced late Friday were not disclosed. State-run Petroleos de Venezuela SA, or PDVSA, said it will now team ...