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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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Venezuela chaos sparks IOC worries
NEWS
Venezuela - January 24, 2019

Eni and other IOCs said they are watching the situation in Venezuela closely on Thursday, a day after the opposition announced the formation of a rival government with…

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Trinidad eyes gas from Venezuela field
NEWS
Multinational - January 23, 2019

Trinidad and Tobago has set a 2020 target for first gas from the Dragon field offshore Venezuela, local media reported on Tuesday.

In August 2018, the two countries…

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Franklin KHAN, Minister of Energy and Energy Industries
Interview
Trinidad and Tobago - December 26, 2018

Franklin Khan, Trinidad and Tobago’s energy minister, talks to TOGY about collaboration with other countries in the region, government efforts to provide…

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Jerry C Brooks Gerry C. Brooks, chairman of The National Gas Company of Trinidad and Tobago NGC
Interview
Trinidad and Tobago - November 22, 2018

Gerry C. Brooks, chairman of The National Gas Company of Trinidad and Tobago Limited (NGC), talks to TOGY about how the financial performance and outlook of the company…

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Krishna PERSAD, Founder and CEO of KPA GROUP
Interview
Trinidad and Tobago - November 5, 2018

Krishna Persad, founder and CEO of the KPA Group, talks to TOGY about the geology of Trinidad and Tobago and the region, the country’s hydrocarbons profile, and…

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