Shell launches bidding process for Dragon Field drilling project

The Daily Journal. — Energy company Shell has launched the bidding process to hire drilling services for the Dragon gas field project in eastern Venezuela. Sources familiar with the process told Reuters that the plan calls for drilling four wells in the area beginning in the second quarter of 2027. The sources said Shell expects […]

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Fedecámaras and German industry leaders strengthen ties in Berlin to open investment opportunities

The Daily Journal — A delegation from Venezuela’s private sector held a high-level meeting in Berlin with the German Chamber of Commerce and Industry (DIHK). The main objective was to present Venezuela’s investment portfolio and the wide range of business opportunities currently available in the country. The German-Venezuelan Chamber of Commerce (AHK Venezuela) organized and […]

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U.S. Oil Companies Form Alliance to Rehabilitate More Than 5,000 Wells in the Orinoco Belt

The Daily Journal. — U.S. corporations White Hilt Capital and Sunergon Oil Operating have formed a strategic alliance to support the development, production, and export of oil and gas in Venezuela’s Orinoco Oil Belt. Alejandro Terán Martínez, president of the Latin American Association of Oil Professionals of Texas (ALEP) and chief executive officer of Sunergon, […]

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Colombia and Venezuela Accelerate Cross-Border Power Interconnection with Investments Exceeding $22 Million.

The Daily Journal — The governments of Colombia and Venezuela are moving forward with the reactivation of their binational power interconnection through a project in the Vichada border region. The initiative aims to expand electricity coverage, strengthen energy security, and revive cooperation in energy infrastructure between the two countries. Colombia’s Minister of Mines and Energy, […]

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