Halliburton signs agreements with Eneva and WESCA to evaluate new oil and gas projects in Venezuela

The Daily Journal.— Halliburton signed memorandums of understanding with Brazil’s Eneva and WESCA to evaluate oil and gas development opportunities in Venezuela as international companies seek to position themselves in the country’s energy sector. The agreements cover asset evaluation, development planning, and subsurface analysis. However, the companies have not announced any investments, committed capital amounts, […]

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Kamla Persad-Bissessar seeks rapprochement with Delcy Rodríguez

The Daily Journal – Trinidad and Tobago Prime Minister Kamla Persad-Bissessar expressed personal affection for Venezuela’s acting President Delcy Rodríguez and said she is willing to meet with her, signaling an apparent shift toward easing bilateral tensions. When asked whether she had a message for Rodríguez, Persad-Bissessar said: “I love her. I look forward to […]

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New Colombian ambassador proposes buying Venezuelan gas and returning part of it as electricity

The Daily Journal.— Colombia’s new ambassador to Venezuela, Jorge Jaller, proposed that Colombia purchase Venezuelan natural gas to generate electricity and return part of the power to its neighboring country as part of a broader strategy to promote economic integration between the two nations. Jaller outlined the proposal in an interview with El Colombiano, where […]

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Venezuela consolidates position as Latin America and the Caribbean’s Third-Largest oil producer

The Daily Journal.— Venezuela ranked as the third-largest oil producer in Latin America and the Caribbean in April, accounting for 11% of the region’s crude output, according to the latest report from the Latin American Energy Organization (Olacde), cited by EFE. Regional oil production reached 318 million barrels in April, up 10% from the same […]

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PDVSA Reaches 100,000 Barrels of Gasoline Per Day: Key Supply Factors and Outlook for the Domestic Market

The Daily Journal.- Gasoline production in Venezuela has reached a strategic milestone of at least 100,000 barrels per day, according to recent data from the hydrocarbons sector. This figure marks significant progress for PDVSA and helps stabilize the country’s energy supply. According to sources at the Ministry of Hydrocarbons, this production level “makes it possible […]

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Venezuelan authorities visit Shell to assess technologies for the energy sector

Company executives showcased Shell’s technological and operational capabilities in key areas to the Venezuelan delegation The Daily Journal.- A Venezuelan government delegation led by Hydrocarbons Minister Paula Henao visited multinational energy company Shell’s facilities to gain firsthand knowledge of its technological capabilities in offshore exploration, natural gas development, among other areas. Johann Álvarez Márquez, national […]

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BP to develop gas in the Deltana Platform after Chevron scales back

Julio A. López, Editor-in-Chief.— Venezuela’s offshore gas map is being redrawn. Chevron transferred its licenses in Blocks 2 and 3 of the Deltana Platform — home to the Loran and Macuira gas fields — to Pdvsa in exchange for strengthening its position in the Orinoco Belt’s heavy crude sector. Weeks later, BP moved into that […]

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PDVSA transfers stake in Lorán Field to BP and two other oil companies

The Daily Journal.— Venezuela authorized the transfer of a stake held by PDVSA Gas to a consortium comprising Britain’s BP, the UAE’s XRG and Qatar’s UCC Oil and Gas Holding to advance the exploration and production of non-associated natural gas in the Lorán Field, located in Block 2 of the Deltana Platform. The parties formalized […]

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Venezuela and the African Energy Chamber deepen hydrocarbon cooperation

The Daily Journal – The Venezuelan government held a strategic working session in Caracas with representatives of the African Energy Chamber (AEC) to explore joint investment opportunities and strengthen the country’s oil and natural gas industry. Acting President Delcy Rodríguez led the meeting alongside Minister of Hydrocarbons Paula Henao and PDVSA President Héctor Obregón. NJ […]

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Venezuela and Trinidad: The gas play no one sees

By Julio A. López, Editor-in-Chief — In an exclusive interview with The Daily Journal, Dr. Evanán Romero, Venezuela’s former deputy minister of Energy and Mines and a key figure in the country’s oil-sector opening during the 1990s, explained why the natural gas partnership between Venezuela and Trinidad and Tobago could become the region’s most profitable—and […]

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