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Venezuela Overview

in figures

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
Colombia - February 04, 2025

Rosmilar Ceballo, executive president of Atina Energy, talks to The Energy Year about how the company is addressing constraints in exploration and production and how it…

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A need to accelerate gas exploration_Tomas-Gonzalez
Interview
Colombia - February 04, 2025

Tomás González, director of the Regional Centre for Energy Studies (CREE), talks to The Energy Year about the need to accelerate natural gas exploration and…

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Interview
Trinidad and Tobago - September 03, 2024

Shaun Rampersad of Ramps Logistics talks about how logistics companies help achieve decarbonisation goals.

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