Year-on-year inflation hits its highest rate due to oil price liberalization and increased production costs
Tag: oil
PDVSA signs development agreements with China
Venezuelan officials say the agreements, the latest between the two countries, are worth $2.7bn
OPEC move bodes well for LatAm bonds
The region’s oil companies and oil-reliant sovereigns overall saw their securities tighten in the hope of higher oil prices
Venezuelan billionaire invests in PDVSA oil field
The investment by a group of Venezuelan businessmen led by Oswaldo Cisneros comes as Venezuela’s state-run oil company PDVSA looks to attract private investment to the country’s struggling energy sector
PDVSA mulls securitization options
Venezuelan oil major looks to securitize outstanding debt owed to oil services companies to ensure they can still operate in the country
Schlumberger subsidiary gets club loan
BBVA, Natixis and Societe Generale have arranged a loan for the oilfield services company’s business in Ecuador
Pacific E&P gets deadline extension
The Colombian oil producer has also formed an independent committee to analyze alternatives for its capital structure
Moody’s downgrades Ecopetrol
The Colombian oil producer’s ratings are also put under review for future downgrades
Moody’s downgrades Petrobras
Brazilian oil and gas company placed on review for further possible downgrades
YPF returns for local bond
Friday’s issuance follows a reopening executed late last month