Delcy Rodríguez said oil output in the western state climbed from 70,000 barrels per day to its current level and announced plans to expand natural gas production and exports. The Daily Journal — Oil production in Zulia state has increased from 70,000 to 370,000 barrels per day, with output expected to reach 400,000 barrels per […]
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Delcy Rodríguez linked the investments to recently signed agreements and said the bilateral deal with the United States includes drilling operations involving 250 rigs across 17 oil fields. The Daily Journal — Venezuela expects to attract approximately $76 billion in investments in its oil sector over the next five years through a series of recently […]
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The Daily Journal – North American Blue Energy Partners (NABEP) announced the opening of a registration process for Venezuelan professionals, technicians, and suppliers, aiming to incorporate them into its operations in western Venezuela. The company announced this during the 2026 Energy, Oil and Gas Conference (CEPEG 2026), held at the Tibisay Hotel on the shores […]
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The Daily Journal – Petróleos de Venezuela (PDVSA) has set a target of ending 2026 with national oil production of 1.3 million barrels per day (bpd), up from its currently reported 1.24 million bpd, according to an announcement by the state-owned company’s president, Héctor Obregón Pérez, during the Energy, Oil and Gas Conference (CEPEG 2026) […]
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The French oil company holds a stake in the Urdaneta Oeste field in Lake Maracaibo and continues its well rehabilitation program. Julio A. López, Editor-in-Chief.- French oil company Maurel & Prom (M&P) maintains its presence in Venezuela’s oil sector through its 40% stake in Petroregional del Lago. This joint venture operates the Urdaneta Oeste field […]
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