Venezuela’s state-owned PDVSA is in talks with local and foreign oilfield firms to hire equipment and services that would allow it to revive depressed output, sources close to the meetings said, after the U.S. relaxed sanctions on the country. The U.S. Treasury Department in October authorized for six months the production and export of Venezuelan crude, gas and fuel, the procurement of goods and services, new investments and payments to PDVSA with few limitations on business partners. The general license authorizing those activities is subject to compliance with a key electoral pact between President Nicolas Maduro’s government and the opposition that outlines the path to a presidential election in 2024. By Deisy Buitrago and Marianna Parraga. Full Text -> Reuters

El rublo no tiene vida en esta parte del planeta. Los contratistas petroleros rusos lo tienen muy mal en Venezuela porque nadie les acepta rublos para pagar la nómina, la vivienda, taxis y gastos de comida desde que sancionaron a la banca rusa por la guerra desatada tras la invasión del presidente Vladimir Putin contra Ucrania. Por Ludmila Vinogradoff. Texto Completo -> ABC

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A Russian oil company used to provide a workaround to U.S. oil trading sanctions on Venezuela is scrabbling to avoid another set of sanctions, documents show, this time from Europe and the United States over Russia’s invasion of Ukraine. By Alexandra Ulmer and Marianna Parraga. Full Text -> Financial Post

Traducción de cortesía -> A Russian oil company used to provide a workaround to U.S. oil trading sanctions on Venezuela is scrabbling to avoid another set of sanctions, documents show, this time from Europe and the United States over Russia’s invasion of Ukraine.

Traducción al español -> Google Translación

«Viene segunda ronda de negociaciones con Estados Unidos en Miraflores en unas semanas. Hay 11 empresas petroleras listas para conversar y dispuestas a venir a pesar del Informe de la ONU donde se denuncia que aquí continúan las violaciones a los Derechos Humanos», escribió el famoso comunicador social [Nelson Bocaranda] en su Twitter cerca de las 7 pm del lunes 21 de marzo. «Si todo va bien en reuniones con Maduro y su equipo, los Estados Unidos podrían adelantar apertura de oficina consular en Caracas. El tema petrolero tiene mucha presión al gobierno de Biden», agregó en un segundo Tweet.

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The chief executive of ONGC Videsh, India’s second-largest oil and gas company, on Sunday confirmed talks between India and the U.S. State Department are underway to allow the company to settle past debts by trading Venezuelan oil cargoes. By Gary McWilliams. Full Text -> Reuters

Traducción de cortesía ->El director ejecutivo de ONGC Videsh, la segunda compañía de petróleo y gas más grande de India, confirmó el domingo que se están llevando a cabo conversaciones entre India y el Departamento de Estado de EE. UU. para permitir que la compañía salde deudas pasadas mediante el comercio de cargamentos de petróleo venezolano. Traducción al español -> Google Translación

 INPEX CORPORATION(INPEX) announced that Japan Carabobo UK Ltd. (hereinafter “JCUK”) had submitted a notification of withdrawal from Carabobo Project 3 (hereinafter “Project”) to the government of Venezuela and the Project partners by April 26, 2021, and has hereby terminated its business operations concerning the Project. Full Text->MarketScreener

Traducción de cortesía -> INPEX CORPORATION(INPEX) anunció que Japan Carabobo UK Ltd. (en adelante “JCUK”) había presentado una notificación de retiro del Proyecto Carabobo 3 (en adelante “Proyecto”) al gobierno de Venezuela y a los socios del Proyecto antes del 26 de abril de 2021, y ha por lo tanto puso fin a sus operaciones comerciales relacionadas con el Proyecto

Chevron and Reliance Industries are meeting with U.S. State Department officials to request a rollback of some of the previous administration’s restrictions against Venezuela’s oil industry. Representatives from the two companies are holding virtual discussions with officials this week, according to people with knowledge of the matter, who asked not to be identified because the information isn’t public. High on the agenda: reinstating transactions known as oil swaps that would allow companies to receive Venezuelan crude in exchange for supplying diesel, one person said. By Lucia Kassai. Full Text -> WorldOil

Venezuelan state oil company Petroleos de Venezuela last month sent letters to joint venture partners asking if they wish to maintain stakes in their various projects once they expire, four people familiar with the matter said on Wednesday. Contracts for many of the ventures expire in 2026, with the option to renew for 15 years. The negotiation period for the potential renewal begins five years before the expiration date, said the people, who described the communications as procedural. Full Text -> Regina Leader Post

Canadian firm NGX Energy International Corp. has signed a deal with Venezuelan service provider CPVEN for the development four gas wells in Colombia’s Lower Magdalena valley basin.  The Vancouver-based company said the market pricing-based preferred supply agreement would be valid for all phases of development on the SN-9 block.  Full Text -> Bnamericas

Perenco’s acquired Venezuelan assets include a 60% stake in Boqueron field in eastern Venezuela and 100% interest in Desarrollo Zulia Occidental field (DZO field) in the western part of that country. BP serves as operator for both fields. Full Text -> Oil &GasJournal