The Venezuelan state oil company PDVSA signed a memorandum of understanding with TotalEnergies E&P New Ventures, a subsidiary of the French company TotalEnergies, to establish strategic cooperation in the hydrocarbons sector.

The signing took place in Caracas, at Miraflores Palace, with the participation of Venezuela’s interim president, Delcy Rodríguez, PDVSA president Héctor Obregón, Minister of Hydrocarbons Paula Henao, and TotalEnergies’ chief financial officer, Jean-Pierre Sbraire.

 

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Una publicación compartida por Noticias Venevision (@noticierovenevision)

M.Pino

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The energy agenda between Colombia and Venezuela is progressing positively, according to the president of Petróleos de Venezuela (PDVSA), Héctor Obregón, regarding the visit to Caracas of the Colombian Minister of Mines and Energy, Edwin Palma.

Obregón pointed out: “Together with Interim President Delcy Rodríguez, we held a working meeting with the Colombian Minister of Mines and Energy, Edwin Palma, to further develop the binational energy agenda.” Officials from both nations have analyzed “concrete opportunities” to strengthen relations and “advance projects that contribute to regional energy security.”

The president of Venezuela’s state oil company declared that he will soon meet with Colombian President Gustavo Petro to discuss the energy agenda. During these meetings, trade between the two countries was also addressed.

Trade between the two countries reached $1.17 billion in 2025, representing a 4.1% increase compared to the $1.124 billion recorded in 2024.

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Source: elnacional

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During a meeting with the Council of Vice Ministers of Hydrocarbons and the president of PDVSA, Héctor Obregón, Venezuelan Vice President Delcy Rodríguez stated that the hydrocarbons sector contributes 17 % of the national GDP.

Rodríguez emphasized that the national energy sector has shown sustained growth throughout 2025 and added that “the hydrocarbons sector has driven the creation of new companies linked to the oil, gas, and fuel supply chain.”

According to the official, this upswing is the result of “national alliances and international investments that have strengthened production,” allowing the country to raise operational levels and improve the efficiency of the energy system.

The meeting also provided an opportunity to review the progress achieved so far this year, as well as plans to reinforce the industry, where energy plays a strategic role.

Rodríguez stated that “the growth of the hydrocarbons sector will allow for greater economic development and new opportunities for companies in the area.”

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Source: elpublicotv

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