Tag: Oil Industry Recovery

NABEP opens registration for Venezuelan technical professionals and suppliers for Lake Maracaibo operations

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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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Recovery of Venezuela’s oil industry will require at least US$100 billion and a decade of work

Tatiana Da GamaLeave a Comment on Recovery of Venezuela’s oil industry will require at least US$100 billion and a decade of work

The Daily Journal.- Rebuilding Venezuela’s energy infrastructure, which has suffered severe damage from corrosion and years of accumulated deterioration, will require multibillion-dollar investments that industry estimates place between US$100 billion and US$220 billion. Economist Francisco Monaldi, director of the Latin America Energy Program at Rice University’s Baker Institute for Public Policy, estimates that the minimum […]

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