Thursday, July 24, 2025
Exclusive: Venezuela's PDVSA steps up fuel shipments to Cuba as shortages bite- oil and gas 360

Exclusive: Venezuela’s PDVSA steps up fuel shipments to Cuba as shortages bite

Reuters MEXICO CITY/HAVANA – Venezuela’s state energy firm PDVSA has been shipping more oil this month to close ally Cuba, as tighter U.S. sanctions have worsened fuel shortages on the Caribbean island, according to sources and internal company documents seen by Reuters. Six vessels, most of them owned by PDVSA’s maritime arm, have exported an average of 173,000 barrels per

Hornbeck Offshore Enters Into Transaction Support Agreement And Stockholder Support Agreements And Commences Exchange Offers, Tender Offer And Consent Solicitations For Any And All Of Its $674 Million Of Outstanding 5.875% Senior Notes Due 2020 And 5.000% Senior Notes Due 2021

Hornbeck Offshore Enters Into Transaction Support Agreement And Stockholder Support Agreements And Commences Exchange Offers, Tender Offer And Consent Solicitations For Any And All Of Its $674 Million Of Outstanding 5.875% Senior Notes Due 2020 And 5.000% Senior Notes Due 2021

U.S. rig count had an increase of 1 this week, at 255- oil and gas 360

U.S. rig count has no change this week, stays at 790

This week’s Baker Hughes rig count shows that U.S. had no change over last week, resulting in a total count of 790 rigs. Canada had a decrease of 2 over last week, resulting in a total Canadian count of 255 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only the Cana Woodford, Granite Wash, and Permian regions