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 ...
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 ...
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's Oil Minister and President of the Venezuelan state oil company PDVSA Pedro Tellechea attends a news conference at ...
Chevron's (NYSE:CVX) renewed oil operations in Venezuela are expected to begin a new phase next month with the aim of accelerating a plan to recover all of the $3B of debt owed by the country by ...
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 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 ...
Fishermen covered in oil get their boat ready for fishing on Lake Maracaibo near La Salina crude oil shipping terminal in Cabimas, Venezuela ... began under Chavez’s rule.
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 ...
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 ...
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 ...
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 ...
