The Junin 1 oil field is forecasted to have a production of 200.000 bpd China’s hydrocarbons company Sinopec and Venezuela’s PDVSA (Petroleos de Venezuela SA) agreed investments to develop the ...
Venezuela's oil output production fell 5% from May of 2022 to the previous month, according to the latest Organization of the Petroleum Exporting Countries (OPEC) released Tuesday. The document ...
Venezuela’s state oil company PDVSA has got new management that plans to boost production of crude to 1.17 million barrels daily by the end of the year, Reuters has reported, citing an internal ...
Venezuela's economy will take the largest hit, and is now forecast to contract by 7% in 2015. Indeed, each $10 decline in oil prices worsens Venezuela's trade balance by 3.5% of GDP, a bigger ...
The majority of the oil tankers owned by Venezuela are in such decrepit condition that they lack certification by flag nations and are at risk of collisions, spills, fires, and sinking ...
Venezuela cannot pay for equipment needed to dredge a coastal lake that is a key to oil exports, slowing Chevron's (NYSE:CVX) plan to increase shipments from the country, Bloomberg reported Friday.
HOUSTON/CARACAS, May 10 (Reuters) - Chevron Corp's (CVX.N) renewed oil operations in Venezuela begin a new phase next month that will boost production with the goal of accelerating a plan to ...
Venezuela has the largest oil and gas reserves in the world, but produces hardly any of it. The decision to do so is up to the government. If it does nothing, Venezuela's oil might stay in the ...
The second oil tanker sold to Venezuela is seen in Bushehr coast, Iran on June 8, 2022. Sadra Company/WANA (West Asia News Agency)/Handout via REUTERS PUNTO FIJO, May 4 (Reuters) - More than half ...
HOUSTON, May 3 (Reuters) - Venezuela's oil exports topped 700,000 barrels per day (bpd) in April for the second month in a row, according to shipping data, after a wide-ranging audit of state-run ...
HOUSTON/CARACAS (Reuters) - Chevron Corp's renewed oil operations in Venezuela begin a new phase next month that will boost production with the goal of accelerating a plan to recover all of the $3 ...
PUNTO FIJO (Reuters) - More than half of the 22 oil tankers in Venezuela's fleet are so run down that they should be immediately repaired or taken out of service, according to an internal report from ...
