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Venezuela Overview

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Repsol, PDVSA ink oil and gas production deal
NEWS
Venezuela - June 17, 2026

Repsol has signed an oil and gas production agreement with PDVSA that could add 20,000 bopd to production.

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Venezuela inks five oil and gas agreements with Shell
NEWS
June 15, 2026

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, Crossover sign heavy oil deals in Venezuela
NEWS
Venezuela - April 30, 2026

Hunt Oil and Crossover Energy have signed agreements to develop oil and gas projects in Venezuela’s Orinoco Belt.

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Eni strikes deal to relaunch Venezuela production
NEWS
Venezuela - April 29, 2026

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 agreement greenlights production boost in Venezuela
NEWS
Venezuela - April 17, 2026

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 grows Venezuela heavy oil position with asset swap
NEWS
Venezuela - April 14, 2026

Chevron has executed an asset swap with PDVSA to expand its heavy oil position in Venezuela.

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USA authorises oil companies to resume work in Venezuela
NEWS
Venezuela - February 13, 2026

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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Interview
Saudi Arabia - August 11, 2017

Sadad Husseini, founder and president of Husseini Energy and former executive vice-president of Saudi Aramco, talks to TOGY about the lessons that the global oil…

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Interview
Trinidad and Tobago - August 02, 2017

Jimmy Mphelane, Air Liquide Trinidad & Tobago managing director, talks to TOGY about ongoing natural gas shortages, National Gas Company’s (NGC) role as aggregator,…

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Oil struggles ahead of OPEC meeting
NEWS
Multinational - July 24, 2017

Oil prices wavered between small gains and losses in European trade on Monday, ahead of a highly-anticipated meeting of some oil ministers from OPEC and non-OPEC…

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Interview
Colombia - June 01, 2017

Dominic Dacosta Ordoñez, partner at Dacosta Ordoñez Attorneys, talks to TOGY about encouraging exploration, the National Hydrocarbons Agency (ANH) and financing…

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Shell acquires attractive Trinidad acreage
NEWS
Trinidad and Tobago - June 01, 2017

Shell has announced plans to acquire lucrative acreage in Trinidad and Tobago’s east marine area from super major Chevron for USD 250 million.

The transaction,…

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Interview
Colombia - April 27, 2017

TOGY talks to Jorge Neher, partner at international law firm Norton Rose Fulbright’s Colombia office, about the state of the oil and gas industry in Latin America and…

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Interview
USA - April 05, 2017

TOGY talks to Paul Horsnell, head of commodities research at Standard Chartered Bank, about OPEC, oil prices and the USA’s energy policy. The bank provides advisory,…

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Helena INNISS
Interview
Trinidad and Tobago - March 29, 2017

TOGY talks to Helena Inniss, executive director of Kronus Geological Services and former director of resource management for the Ministry of Energy and Energy…

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Shell in Trinidad-Venezuela pipeline deal
NEWS
Trinidad and Tobago - March 16, 2017

Hailed as a major deal, collaborative efforts between Trinidad and Tobago and Venezuela were strengthened with a new gas export agreement on Wednesday.

Signatories…

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