Venezuela

The government of the Dominican Republic has completed negotiations on the sale of a 49% stake in the 34,000 barrel per day (b/d) Haina refinery to state-run Petróleos de Venezuela... 2009-11-02

The government of the Dominican Republic has completed negotiations on the sale of a 49% stake in the 34,000 barrel per day (b/d) Haina refinery to state-run Petróleos de Venezuela... 2009-11-02

Spanish major Repsol YPF confirmed the size of the Perla gas discovery off the Venezuelan coast. Production tests at Perla indicate the presence of 159-220bn cubic metres (bcm) of... 2009-10-16

A Russian oil consortium chosen for the development of the Junin 6 Block in the Orinoco heavy oil belt will have to pay a signature bonus of US$600mn, not the US$1bn previously announced... 2009-10-07

South African national oil company PetroSA expects first oil production from its recently announced Venezuelan project by 2012. PetroSA formed a 40:60 joint venture (JV) with state-run... 2009-10-05

An umbrella organisation representing Venezuela's powerful oil labour unions, Federación Unitaria de Trabajadores del Petróleo de Venezuela (FUTPV) has voted to elect pro-government... 2009-10-02

The Venezuelan energy ministry is allegedly considering softening the terms of the Carabobo licensing round to attract the required level of foreign investment.

A joint venture (JV) between state-run PetroVietnam and Petróleos de Venezuela (PdVSA) plans to begin production from the Junin 2 Block in the Orinoco heavy oil belt by Q211,... 2009-09-29

Colombia's state-run Ecopetrol was expected to resume gas exports to Venezuela on September 21 after three days of scheduled maintenance works, but it remains unclear whether gas... 2009-09-22

Caracas and Tehran have broadened their energy co-operation with the signing of three deals during the visit of Venezuelan President Hugo Chávez to Iran on September 6-7. Under the... 2009-09-08