Shell and bp
Venezuela has announced that it has awarded Shell and bp a Non-Associated Gas Licence for development of the offshore Loran gas field.
[Read more…] about Non-Associated Gas Licence for Loran gas fieldRepsol signs deal with Venezuela to increase production by 50%
Fossil Energy – Venezuela
Repsol has signed an agreement with the Venezuelan government and the state-owned oil company PDVSA, taking control of a production asset in the South American country and paving the way for increased output.
[Read more…] about Repsol signs deal with Venezuela to increase production by 50%Chevron and Shell move toward oil development agreements in Venezuela
Fossil Energy – Venezuela
Chevron and Shell are advancing discussions with Venezuelan authorities on new oil production agreements that could significantly expand their operations in the country’s energy sector.
[Read more…] about Chevron and Shell move toward oil development agreements in VenezuelaShell signs new Venezuela energy deals
Fossil Energy – Venezuela
Shell has signed new oil and gas agreements with Venezuela, reviving development plans for the offshore Dragon Gas Project.
[Read more…] about Shell signs new Venezuela energy dealsExxon studies Venezuela return as Chevron plots increase in production
Fossil Energy – Venezuela
Exxon Mobil CEO Darren Woods said on Friday the U.S. oil major is ready to evaluate a potential return to Venezuela in what would be a stunning development after its assets in the South American country were nationalized nearly 20 years ago.
[Read more…] about Exxon studies Venezuela return as Chevron plots increase in productionVenezuela moves to cut oil output due to US export embargo
General – Venezuela
Reuters reports that Venezuela’s state-run oil company PDVSA has begun cutting crude production because it is running out of storage capacity.
[Read more…] about Venezuela moves to cut oil output due to US export embargoVenezuela ends gas supply talks with Trinidad and Tobago
General – Politics
Venezuela has announced the immediate termination of all contracts, agreements, and ongoing negotiations related to the supply of natural gas to Trinidad and Tobago, citing what it described as hostile actions linked to the United States.
[Read more…] about Venezuela ends gas supply talks with Trinidad and Tobago