Delcy Rodríguez calls on Guyana to resume negotiations over Essequibo

The acting president told the UN General Assembly that the territorial dispute should be resolved through bilateral negotiations under the Geneva Agreement. The Daily Journal.- Venezuela’s acting president, Delcy Rodríguez, reaffirmed Caracas’ claims to the Essequibo region before the 81st United Nations General Assembly on Wednesday and called on the government of Guyana to resume […]

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NABEP aims to produce 500,000 barrels per day by 2028

The Daily Journal.- North American Blue Energy Partners (NABEP), the oil company backed by the Donald Trump administration to develop oil fields in Venezuela, expects to increase its crude production to 500,000 barrels per day (bpd) by the end of 2028, more than double the approximately 200,000 bpd it currently produces, according to a Bloomberg […]

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Chevron to ‘more than double’ number of oil rigs in Venezuela

The Daily Journal.— U.S. energy corporation Chevron will significantly expand its operating capacity in Venezuela by “more than doubling” the number of active drilling rigs as part of its five-year production plan, the company’s Chief Financial Officer Eimear Bonner said during a conference organized by Barclays. The deployment of new equipment supports the investment program […]

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Chevron expects to increase production in Venezuela by 15%

The Daily Journal — Chevron expects to increase its oil production in Venezuela by 15% over the next 18 to 24 months as the Trump administration seeks to expand investment by U.S. energy companies in the country. Chevron’s joint ventures in Venezuela currently produce about 280,000 barrels per day, Chief Financial Officer Eimear Bonner said. […]

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ExxonMobil Returns to Venezuela

Julio A. López, Editor-in-Chief.- According to highly reliable sources linked to the U.S. Department of Energy, the American government has reportedly reached an agreement with ExxonMobil to facilitate its return to oil production activities in Venezuela. The move could become one of the most symbolic and strategic developments in the global energy industry. As discreet […]

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