PDVSA

Eni signs Venezuela oil deal to recover $2.3B debt

Italian energy company Eni signed an agreement with Venezuela's state oil company PDVSA on Wednesday to develop the Junin 5 heavy oil project in the Orinoco Belt, a move analysts say improves the company's chances of recovering more than $2.3…

Venezuela signs oil deals with SLB and Hunt Oil

Venezuela signed oil contracts with two U.S. companies on Tuesday in Houston, as the South American nation pushes to attract foreign investment and raise crude production amid surging global oil prices.

Venezuela creditor group adds 15 funds ahead of record debt restructuring

A group of investors holding defaulted Venezuelan bonds is growing its ranks as the country edges toward what could become the largest sovereign debt restructuring on record, with total claims approaching $240 billion.