Claudio Descalzi Archives - The Daily Journal

Venezuela formalizes new energy agreements during Chris Wright’s visit to Caracas

September 3, 2026September 3, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.— During U.S. Energy Secretary Chris Wright’s visit to Caracas, the Venezuelan government formalized new agreements for the hydrocarbons sector on Wednesday at a meeting with a Washington delegation at Miraflores Palace. The agreements include expanded participation by U.S.-based Chevron and Italy’s Eni in joint ventures operating in the Orinoco Oil Belt. Earlier […]

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. […]