Market intelligence, trend analysis and forecasts for the Oil and Gas industries across the regions

Venezuela

Venezuela Articles

Industry

A report by the US Geological Survey (USGS) has claimed that Venezuela's Orinoco oil belt could hold a mean volume of 513bn barrels (bbl) of technically recoverable oil.

2010-01-25

Companies

Following the disappointing news that Venezuela's offshore Mariscal Sucre gas project failed to attract a single bid, it has been announced that the country's Carabobo heavy oil licensing... 2010-01-20


Industry

International oil companies (IOCs) interested in developing the Mariscal Sucre gas project offshore Venezuela were due to submit their offers on January 15. The much-delayed Mariscal... 2010-01-18


Companies

The managing director for Chevron in Latin America, Wes Lohec, has said he believes that the amended terms for the Carabobo ultra-heavy oil auction, which were released by the Venezuelan... 2009-12-04


Economy

The Venezuelan government delivered the final terms for the long-awaited Carabobo ultra-heavy oil auction on December 1. While the terms include several regulatory sweeteners intended... 2009-12-02


Economy

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 PetrĂ³leos de Venezuela... 2009-11-02


Economy

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 PetrĂ³leos de Venezuela... 2009-11-02


Industry

The BMI oil supply and demand assumptions for 2009 and beyond have again been revised for all 67 countries forming part of our detailed coverage, reflecting the changing macroeconomic... 2009-10-20


Industry

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


Industry

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

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