Venezuela Plans to Sign Oil Production Deals with Investors
Venezuela's Oil Minister announced plans to sign production-sharing contracts to increase output from its vast crude reserves during a meeting in Houston.
11 articles tagged with #Venezuela
Venezuela's Oil Minister announced plans to sign production-sharing contracts to increase output from its vast crude reserves during a meeting in Houston.
Venezuela has signed agreements with SLB and Hunt to increase its oil production capacity, signaling a strategic move to revitalize its energy sector.
Venezuela has signed contracts with SLB and Hunt to enhance its oil output, aiming to attract foreign investment in its struggling energy sector.
BP has entered the Venezuelan oil trade, aiming to compete with major players Trafigura and Vitol, signaling a shift in the global oil landscape.
Heirs of billionaire Oswaldo Cisneros allege that Venezuela unlawfully confiscated oil-drilling rights, transferring them to a US firm.
BP Plc has started trading Venezuelan oil, joining Trafigura and Vitol in the market after the US lifted restrictions on the country's oil exports.
Despite promises of increased oil and gas output, the US-Venezuela partnership has yet to deliver significant production gains six months after the pledge.
Venezuela and its opposition are negotiating to retrieve $4 billion in gold stored at the Bank of England, following US-backed discussions.
BP has obtained an offshore license in Venezuela, marking a significant return for Big Oil to the region less than nine months after the fall of Maduro.
Venezuela and Israel have agreed to restore consular ties after 17 years, marking a significant diplomatic shift following recent political changes in
The US has sold a Venezuela-linked oil tanker seized in January after a high-seas chase, allowing for its demolition, according to the buyer.