Browsing Tag

Olacde

Venezuela ranks third as an oil producer in Latin America with 11 %

Brazil (42 %), Mexico (17 %), and Venezuela (11 %) are the three main oil producers in Latin America. According to data from the Latin American and Caribbean Energy Organization (OLACDE in Spanish), oil production in Latin America and the Caribbean increased to 318 million barrels (Mbbl) in April…

Latin American countries that lead global oil production

Data published by the Latin American and Caribbean Energy Organization (OLACDE) shows that by 2025, the Latin America and Caribbean region will contribute approximately 11 % of the world's oil supply and nearly 6 % of its natural gas…