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Eni was owed $3.3 billion by Venezuela's oil company PDVSA at the end of last year, including around $1 billion in accrued interest, the Italian company said in
The US issued a general license on Wednesday broadly authorizing US companies to do business with Venezuela's state-run oil company PDVSA, a key step that could
US refiners Phillips 66 and Citgo Petroleum are seeking to buy heavy crude directly from Venezuelan state oil company PDVSA starting in April to maximise profit
Venezuela's state-run oil company PDVSA has refused to sell oil to companies without individual US licences in the past two weeks, four sources from companies s
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