Chevron's $7 billion investment plan in Venezuela aims to double oil production. The goal is to reach 600,000 barrels per day in five years in the Orinoco Belt.
This move is crucial for the Venezuelan oil industry. Chevron's decision comes just days after the United States announced new energy…
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U.S. crude oil reserves fell by 600,000 barrels
U.S. crude oil reserves experienced an unexpected decrease of 600,000 barrels, according to a report released last week by the Energy Information Administration.
This development contradicts the projections of experts in the field, who…
Ecuador establishes 20 % tariff on personal online purchases
Personal online purchases through platforms such as Amazon, Shein, or Temu in Ecuador will be subject to a 20 % tax starting June 16, according to the Ministry of Production and Foreign Trade.
The local government has reported that the…