The Daily Journal.- U.S. Energy Secretary Chris Wright said the U.S. government’s participation in oil projects in Venezuela could help reduce political risk for investors and provide a measure of stability in the event of future changes in government. Wright made the remarks during an interview with Charlotte Howard, U.S. editor of The Economist. His […]
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The Daily Journal.- Robert González, a leader of the United Federation of Venezuelan Oil Workers (Futpv), called on Petróleos de Venezuela (PDVSA) on Wednesday to immediately begin negotiations on the sector’s collective bargaining agreement, citing a delay of more than eight years in negotiations over labor benefits. González made the demand during a sector-wide plenary […]
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The Daily Journal.- Spanish energy company Repsol continues to produce around 580 million cubic feet of natural gas per day from the Cardón IV field, which it operates alongside Italy’s Eni in Venezuela, a company source said Wednesday during the Venezuela International Oil and Gas Summit. Production has remained unchanged since March, when the government […]
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EFE.- Venezuela started up a power turbine in Zulia state, the region hardest hit by blackouts, which will begin supplying electricity within the next 72 hours, government authorities said Thursday. “TZ07 has just begun its slow rotation, which will allow it to synchronize with the SEN (National Electric System) within the next 72 hours,” Public […]
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The Daily Journal. — More than 60 inmates have died in state custody at detention facilities across Venezuela since April, according to a report released Thursday by the nongovernmental organization Venezuelan Prison Observatory (OVP). The human rights organization said the most recent case involved Luis Alejandro García, 30, who died at the Juan López New […]
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After securing the license for the Loran project, Upstream head Erik Keskula said the company is looking for opportunities “across all sectors” The Daily Journal.- Qatar-based producer UCC Oil and Gas Holding confirmed that it is holding talks over a potential entry into new oil and gas fields in Venezuela as it seeks to expand […]
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Series “Oil Under Control: The Nation, the State, the Industry and Oil Revenue in Venezuela” Grupo La Petrólia As efforts continue to institutionalize the country’s surrender of sovereignty over its main natural resource and greatest source of wealth, it is worth remembering that this crisis has deep roots. In this six-part series, we will analyze […]
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They warned that the power system represents the biggest obstacle, with a deficit of more than 1,500 MW and prolonged blackouts The Daily Journal.- Executives from major international oil companies warned this week that Venezuela’s power supply represents the biggest obstacle to their projects, citing a deficit of more than 1,500 megawatts (MW) and blackouts […]
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The Daily Journal.– Venezuela’s National Assembly began the first debate on Tuesday on a bill to approve the 1997 Protocol, which incorporates Annex VI of the International Convention for the Prevention of Pollution from Ships (MARPOL). This instrument establishes controls on polluting emissions from maritime transport. The bill formed part of the legislative agenda for […]
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The Daily Journal.- Representatives of oil industry unions in Zulia state have called on workers to attend a meeting on October 1 to discuss collective bargaining negotiations and other labor issues affecting industry employees. The meeting will take place at 9:00 a.m. at the Casa de la Cultura and will bring together workers from Baralt […]
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