Oil

Pequiven reactivates fertilizer imports through subsidiary Monómeros

The restoration of operational exchange seeks to strengthen the agro-industrial sector and boost national production

Quintero: Hydrocarbons Law reform and new agreements unlock investments

He assured that the movement is already being felt in the operational areas and companies are beginning to adapt their projects.

PDVSA expects to exceed 1,5 million barrels per day after signing new agreements

Obregón highlighted that oil production has followed an upward trend over the past 24 months.

Henao: the agreements could exceed 1.400.000 barrels by the end of the year

The Minister for Hydrocarbons, Paula Henao, confirms economic boost after binational oil agreement and emphasizes the sovereignty of the reserves.

OPEC+ will maintain its oil supply unchanged

The decision was adopted in a teleconference by the sector ministers of Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman.

Delcy Rodríguez on energy agreements: our goal is the happiness of the people

During her speech, President Rodríguez denounced attempted sabotage in the western part of the country, urging people to be vigilant.

Venezuela signs agreement with Gilinski Group to strengthen the oil industry

President Delcy Rodríguez stated that the objective of the agreements signed regarding oil is to generate well-being for the population.

Colombian oil company GeoPark acquires the Bare block and will begin operations in Venezuela

With this acquisition, the oil company explains, it will be possible to "reactivate Venezuela's energy sector".

Eni will be the exclusive operator of the Junín 5 field for 25 years

Junín 5 is a heavy crude oil field that holds 35.000 billion certified barrels in place and whose current production is around 12.000 barrels per day.

Venezuela, Mexico and Brazil produce 70% of the crude oil

The Latin American and Caribbean Energy Organization noted that 21% of the value of the region's total oil exports went to countries in Latin America and the Caribbean.