Oil companies worldwide have reported substantial profits during the first quarter and first half of the year, with cautious expectations given the Middle East conflict.
Regional scenario: Latin America and the United States
Brazilian company Petrobras reported a daily average of 3.281 million…
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crude oil production
Venezuelan oil production surpasses one million barrels per day
Venezuelan Minister of Hydrocarbons, Paula Henao, stated that crude oil production has reached 1,200,000 barrels per day, describing it as an operational achievement for the national energy industry.
The official made the statement during…
Fedeindustria estimates 2026 as a positive year for the Venezuelan economy
The territorial president of the Federation of Chambers and Businesses of Venezuela (Fedeindustria), Jorge Hernández, has indicated that 2026 will be a positive and decisive year for the country's economic recovery.
In the words of the…
OFAC authorizes sale of US diluents to Venezuela
The Office of Foreign Assets Control (OFAC) issued a new license last week for the sale of US diluents to Venezuela, as part of the opening of crude oil exports from the South American country.
According to this license, the export and…
Venezuela exceeded one million barrels of daily crude oil production in January
According to the report of the Organization of Petroleum Exporting Countries (OPEC); in the month of January Venezuela exceeded one million barrels of daily oil production.
“Venezuelan production reached the figure of 1,031,000 barrels of…