Tag: Héctor Obregón

Héctor Obregón says U.S. oil deal can be renewed “for as long as necessary”

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The Daily Journal — Petróleos de Venezuela (PDVSA) President Héctor Obregón said Monday that the oil agreement with the United States involves three parties and allows renewals for as long as necessary. However, the underlying contract sets an initial 25-year term. “The contract has a 25-year term, but legally, by mutual agreement, the parties can […]

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Venezuela and the African Energy Chamber deepen hydrocarbon cooperation

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The Daily Journal – The Venezuelan government held a strategic working session in Caracas with representatives of the African Energy Chamber (AEC) to explore joint investment opportunities and strengthen the country’s oil and natural gas industry. Acting President Delcy Rodríguez led the meeting alongside Minister of Hydrocarbons Paula Henao and PDVSA President Héctor Obregón. NJ […]

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