On Monday, April 13, Petróleos de Venezuela (PDVSA) and the U.S. company Chevron signed an agreement to boost crude oil production in the Orinoco Belt. The meeting was chaired by acting president Delcy Rodríguez.
According to Rodríguez, “this agreement will allow us to make significant progress in…
Read More...
Browsing Tag
oil production
Venezuela aims for increased oil production in 2026
Oil sector analysts indicate that production in Venezuela could increase to 1.5 million barrels per day by the end of 2026 if the growth rate recorded since 2023 is maintained.
According to petroleum engineer and consultant Germán Márquez,…
OPEC+ agreed to increase oil supply starting in December
Starting in December, OPEC+ will increase its crude oil supply to the market to 137,000 barrels per day, marking the organization's ninth consecutive increase.
The decision was announced this Sunday, November 2, by the ministers of eight…
Economists prepare economic recovery plan for Venezuela
A team of economic and oil experts has developed a proposal to rescue the Venezuelan economy, according to economist Gustavo García, former professor at the Institute of Advanced Studies in Administration (IESA) and former official at the…
Venezuelan government reaffirms its commitment to global energy stability
During the 62nd Meeting of the Joint Ministerial Monitoring Committee of OPEC and OPEC+, the Venezuelan government, through Executive Vice President and Minister of Hydrocarbons Delcy Rodríguez, reaffirmed its commitment to global market…
Venezuela’s oil production exceeds 1 million barrels per day
Venezuelan Vice President Delcy Rodríguez indicated that the country's oil production remains above 1 million barrels per day.
This statement was made by the Minister of Hydrocarbons during a working meeting with the Council of Vice…
Venezuela maintains normal oil production
The Executive Vice President of the Republic, Delcy Rodríguez, reported that oil production in Venezuela is normal and is following the plan outlined for increased production in various fields.
The official, also Minister of Hydrocarbons,…