The Development Bank of Latin America and the Caribbean (CAF) announced the creation of the Venezuela Recovery and Reconstruction Fund, which will begin with a seed capital of $1 million.
This amount is in addition to the $300,000 allocated by the organization as humanitarian aid to assist the…
Read More...
Browsing Tag
300
Chevron can increase oil production in Venezuela to 300,000 barrels per day
U.S. Energy Secretary Chris Wright visited the oil fields Chevron operates in Venezuela on Thursday, February 12, and indicated that the company can increase production to 300,000 barrels per day.
According to Wright, “there is no doubt”…
Chevron to increase Venezuelan oil exports to the US
Chevron, the main partner of Venezuelan state-owned oil company PDVSA, plans to increase its crude oil exports to the United States from 100,000 to 300,000 barrels per day.
To date, Chevron “has chartered about a dozen tankers to increase…