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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KEO Capital’s U.S. subsidiary will manage the joint venture’s technical operations in the Lake Maracaibo Basin. Julio A. López, Editor-in-Chief — KEO Energy, the U.S. subsidiary of KEO Capital specializing in oil and gas, is expanding its presence in Venezuela’s oil industry through an agreement with Petróleos de Venezuela (PDVSA) to manage PetroUrdaneta. This joint […]
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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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Leonardo Salazar “We all want to enjoy nature, but not all of us are willing to take care of it.” This maxim takes on alarming relevance when walking through the streets of Venezuela’s major cities. What should be a vital ecological asset for public health has become the target of a silent yet devastating practice: […]
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Coal production plunged to 350,000 short tons in 2024 from 8.7 million in 2000 The Daily Journal.- Glencore Plc, Peabody Energy Corp. and Heeney Capital are considering agreements to produce coal in Venezuela’s Zulia state. The talks have focused on operational control and offtake rights rather than direct ownership of the mines. According to a […]
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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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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.- 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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