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.
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 ...
Tellechea, a decorated army colonel with little experience in the energy industry, was put in charge of two of Venezuela's most powerful institutions - PDVSA and the oil ministry - while retaining ...
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 ...
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 ...
Venezuela had ramped up its claims to a huge, sparsely populated area west of the Essequibo River, covering almost half of the former British colony territory. But massive oil deposits have been ...
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 ...
Venezuela’s Oil Minister Pedro Tellechea has told Bloomberg in an interview. The LNG export licenses would allow Venezuela to start shipments of natural gas, having spent decades focusing only ...
“Venezuela will create a cryptocurrency,” backed by oil, gas, gold and diamond reserves, Maduro said in his regular Sunday televised broadcast, a five-hour showcase of Christmas songs and dancing. The ...
Venezuela's Oil Minister and President of the Venezuelan state oil company PDVSA Pedro Tellechea attends a news conference at ...
Tellechea, a decorated army colonel with little experience in the energy industry, was put in charge of two of Venezuela's most powerful institutions - PDVSA and the oil ministry - while retaining ...
