Cardón IV Archives - The Daily Journal

Repsol maintains gas production in Venezuela at 580 million cubic feet per day

October 2, 2026October 2, 2026Tatiana Da GamaLeave a Comment

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 […]

ENI negotiates new contracts in Venezuela and expects to increase production at Junín 5

July 31, 2026July 31, 2026Tatiana Da GamaLeave a Comment

The Daily Journal. — Italian energy company ENI is negotiating new contracts with Venezuela and Petróleos de Venezuela (Pdvsa) to align its operations with the country’s new legal framework for the oil sector. At the same time, the company expects to accelerate development of the Junín 5 project in the Orinoco Oil Belt, Reuters reported. […]