Repsol has signed an oil and gas production agreement with PDVSA that could add 20,000 bopd to production.
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Shell has inked five oil and gas agreements in Venezuela, including a licence for the first phase of the Loran offshore gas…
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Hunt Oil and Crossover Energy have signed agreements to develop oil and gas projects in Venezuela’s Orinoco Belt.
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Eni has secured an agreement with Venezuela to relaunch production at the Junín-5 heavy oilfield in the Orinoco Belt.
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Repsol has signed with PDVSA to increase oil production at Petroquiriquire by up to 50% in 12 months, and potentially triple output in three years.
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Chevron has executed an asset swap with PDVSA to expand its heavy oil position in Venezuela.
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The USA has authorised BP, Chevron, Shell, Eni and Repsol to resume oil and gas activities in #Venezuela under new US-issued licences.
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A regional court in the Russian city of Chelyabinsk on Monday confirmed the award of USD 2.32 billion to Rosneft in a court case against conglomerate Sistema.
The…
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Venezuelan President Nicolas Maduro unveiled plans for the “petro,” a cryptocurrency backed by natural reserves, primarily oil and gas, on Sunday.
“Venezuela…
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Venezuelan NOC PDVSA is negotiating fresh credit lines with top IOCs as well as gas supply deals with Colombia, Aruba and Trinidad and Tobago, international media…
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The International Swaps and Derivatives Association ruled on Thursday that Venezuela and its NOC Petróleos de Venezuela (PDVSA) have defaulted on debt and bonds,…
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Angolan NOC Sonangol has reduced its debt by USD 3 billion, Isabel dos Santos said on Wednesday.
The daughter of former President José Eduardo dos Santos added,…
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Crude oil prices were hovering at multi-month highs on Thursday, as news of a decline in global oil production continued to support the commodity.
The U.S. West…
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Trinidad and Tobago’s former Minister of Energy and Energy Affairs Kevin Ramnarine on Monday expressed concerns following Friday’s announcement that Prime Minister…
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Franklin Khan, minister of energy and energy industries, talks to TOGY about the variables that contributed to the ongoing gas curtailments and the recently sanctioned…
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Ernesto Díaz, Wood Mackenzie’s regional director in Latin America, talks to TOGY about the differences between developing projects in Vaca Muerta and the Permian…
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Dominic Rampersad, Phoenix Park Gas Processors (PPGPL) president, talks to TOGY about the company’s work programme in 2017. PPGPL operates Trinidad and Tobago’s only…
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