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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BP has brought forward the date on its anticipated FID on Trinidad and Tobago’s deepwater Calypso field to as early as the end of 2025.
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Venezuela and Trinidad and Tobago have signed an agreement with British energy giant Shell and Trinidad’s state-owned National Gas Company to develop the offshore…
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Energy giants Shell and BP are changing their stakes in Trinidad and Tobago’s Atlantic LNG facility in a bid to return to full production, Reuters reported on…
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The Venezuelan government has launched a referendum asking its citizens to vote on the nation’s claim to the oil-rich Essequibo region that is now controlled by…
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Venezuela has upped oil production to 850,000 bpd with the goal of reaching 1 million bopd, the country’s oil minister said on Wednesday.
In October 2023, the USA…
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Maurel & Prom have signed agreements to revive oil production at its assets in Venezuela, the French E&P company announced on Wednesday.
The agreements include…
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Chinese NOC PetroChina has proposed to buy up to 8 million boe per month from state-run Petróleos de Venezuela (PDVSA), Reuters reported on Thursday.
According to…
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Maha Energy has positioned itself to take on a 40% stake in Venezuelan oil and gas player PetroUrdaneta, the Swedish energy company announced on Thursday.
The…
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The USA has significantly eased sanctions on Venezuela’s oil sector due to guarantees agreed by the local government for an election in the South American country in…
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Trinidad and Tobago has begun price negotiations for natural gas imports from Venezuela, Reuters reported on Monday.
Trinidad’s Minister of Energy and Energy…
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