Colombia-based oil producer takes over an Venezuelan oil block following an equity deal with Grupo Gilinski
Category: Venezuela
Posted inDaily Brief
GeoPark lines up international bond deal
Colombia-based oil producer will use the proceeds for a buyback offer as its largest shareholder seeks to take over the firm
Posted inDaily BriefIMF/World Bank Bangkok 2026
Backed by US, Venezuela seeks return to global financial fold
As the US helps reshape Venezuelan government policy, major question marks hang over the restructuring of the country’s estimated $200 bln-plus debt and economic stabilization
Posted inDaily Brief
Halliburton inks deals for supporting projects in Venezuela
US oil services firm will work with Brazil’s Eneva and Venezuela’s WESCA on oil and gas projects there
Posted inDaily Brief
Gilinski to take control of GeoPark
Colombian conglomerate negotiates the share purchase as part of its expansion into Venezuelan oil field
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
Posted inDaily Brief
Nutresa expands in Venezuela
Colombian food conglomerate agrees to buy Industrias Tío Rico, one of Venezuela’s oldest ice cream brands
Posted inDaily Brief
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
Posted inDaily Brief
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
Posted inDaily Brief
Maha to boost stake in Venezuelan oil firm
Investment firm reaches a deal to buy out PetroUrdaneta’s other minority shareholder