CARACAS — GE Vernova expects to bring one gigawatt of new, reliable power generation capacity online in Venezuela within the first 24 months of implementing its agreement to modernize and expand the country’s energy infrastructure, according to a fact sheet released Friday by the U.S. Embassy. The projection is part of a broader plan to […]
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The Daily Journal.— General Electric (GE) Vernova plans to create more than 1,000 local jobs as part of a strategic partnership signed Wednesday to restore and stabilize electrical infrastructure supporting Venezuela’s oil industry, a senior executive from the U.S. company announced during a ceremony at Miraflores Palace. GE Vernova Venezuela President Carlos Mousadi and Petróleos […]
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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 […]
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The Daily Journal – Technicians from the U.S. Department of Energy and the Pacific Northwest National Laboratory (PNNL) assessed the Guri Dam, Venezuela’s main source of electricity generation, which supplies more than 60% of the country’s power. The assessment falls under the U.S. Department of State’s Power Sector Program. It represents part of the three-phase […]
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Reuters — Energy company IMPSA has made progress in renegotiating a contract to develop and rehabilitate two key hydroelectric projects in Venezuela, a move that could add up to 672 megawatts of generating capacity to the national power grid in the coming months, company President Jorge Salcedo told Reuters. More than a decade ago, IMPSA—originally […]
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