Colombian conglomerate negotiates the share purchase as part of its expansion into Venezuelan oil field
Category: Venezuela
Posted inDaily Brief
Venezuela says US oil deal key to recovery
For bond investors, oil production is a major variable in the country’s proposed debt restructuring
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Nutresa expands in Venezuela
Colombian food conglomerate agrees to buy Industrias Tío Rico, one of Venezuela’s oldest ice cream brands
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UN estimates damage from Venezuela quakes at $37bn
Calculation includes physical damage to buildings as well as infrastructure, with telecoms the worst affected sector, UN says
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Venezuela to reveal higher-than-expected sovereign debt
The government is expected to report debts of as much as $240 bln and aims to reach a restructuring deal this year, FT reports
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Maha to boost stake in Venezuelan oil firm
Investment firm reaches a deal to buy out PetroUrdaneta’s other minority shareholder
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GeoPark mulls more acquisitions in Vaca Muerta
Colombia-based oil producer is betting on the Argentine shale deposit for growth
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Investors see ‘huge momentum’ in Venezuela as restructuring begins
The country’s US-backed economic reopening has enthused investors, but the debt restructuring process will be fraught with risk
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Venezuela moves to start mega debt restructuring
US-backed administration says it will act with “celerity” and transparency to restructure its defaulted debt
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IDB ready to resume dealings with Venezuela
Spokesperson tells LatinFinance the bank is poised to re-engage with the country following similar moves by IMF, World Bank Group