News // Поиск по тегу 'venezuela'

PetroMonagas, a joint venture between TNK-BP (16.7%) and Venezuela’s national oil company PDVSA (83.3%), intends to increase its heavy oil production by 20% to 145,000 bpd in 2013.

Rosneft and PDVSA today signed a tentative memorandum of understanding to set up a joint venture to develop heavy crude oil reserves in Venezuela as part of the Carabobo-2 project.

07 October in Caracas (Venezuela) Gazprom and state-owned Petroleos de Venezuela S.A. (PDVSA) signed a Memorandum of Understanding in the presence of Igor Sechin, Deputy Prime Minister of the Russian Federation.

Petroleos de Venezuela SA and Eni SpA said they’ll jointly invest $17 billion to produce and refine heavy crude in the Orinoco Belt.

Iran plans to help Venezuela in producing 5.4 million tons of Liquefied Natural Gas

BP Plc agreed to sell assets in Venezuela and Vietnam to Russian oil venture TNK-BP for $1.8 billion as it raises money to help pay for the Gulf of Mexico oil spill

Venezuela has pledged to provide uninterrupted oil supplies to Belarus for next 200 years

Venezuelan state oil company PDVSA will sell its stake in the four Ruhr Oel refineries in Germany to Russia's Rosneft, a PDVSA source said on Thursday

More foreign-owned firms were taken under state control in Venezuela on Sunday, the latest among hundreds of businesses nationalised as part of the government's drive to develop a socialist economy

 Lithuania's Klaipedos nafta is preparing to receive a tanker with 80,000 tons of Venezuelan Santa-Barbara crude this autumn for further delivery to Belarus, company head Rokas Masyulis said, noting negotiations were under way with the Belarussian side.

Iran and Venezuela have agreed to form a joint shipping company to transport crude, Deputy Iranian Oil Minister Hosein Shirazi said.

The failure to pay debts would be one of the reasons for which the Venezuelan authorities decided to take over the drills of the US oil firm. Venezuelan Minister of Petroleum Rafael Ramírez said that 11 drilling rigs have been idled for months, as reported by Reuters.

A gas platform has sunk in the Caribbean Sea off the coast of Venezuela, but the energy minister says it poses no risk to the environment.

Venezuela and China will together invest $16.32 billion in a joint oil venture to pump 400,000 barrels per day from the Junin 4 Block in the Andean nation's crude-rich Orinoco Belt, state-owned Petroleos de Venezuela S.A. has said.

Belarus will import its first cargo of crude oil from Venezuela in late April or early May.

A Japanese company will loan Venezuela $1 billion to develop its stalled, 14.7 trillion cubic feet Mariscal Sucre offshore gas project, oil minister Rafael Ramirez said in a newspaper report today.

Prime Minister Vladimir Putin oversaw the signing of 31 agreements in oil, nuclear power and trade on Friday during his first visit ever to Venezuela, while President Hugo Chavez said they even held talks on joint space exploration.

Venezuela said its 2009 oil reserves rose by 23% to over 211 billion barrels thanks to the addition of more than 39 billion barrels of new reserves, the bulk of which came from the country's Orinoco region.

Russian oil majors will continue to develop their businesses in Venezuela despite most Western companies’ decisions to avoid the country and are eager to take their places.

International oil majors have mostly lost interest in investing in Venezuela, Royal Dutch Shell Plc said on Tuesday, following leftist President Hugo Chavez's nationalisation of assets in recent years.