Jovanny Martínez Archives - The Daily Journal

Continental Resources and PDVSA agree to develop Ayacucho 2 block with potential 30 billion barrels

September 18, 2026September 18, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.- U.S. oil company Continental Resources signed a memorandum of understanding (MOU) with Venezuelan state-owned oil company PDVSA to develop and operate the Ayacucho 2 block in the Orinoco Oil Belt. PDVSA Executive Vice President Jovanny Martínez and Continental Resources founder Harold Hamm signed the agreement in Houston during the G20 Energy Ministers’ […]

Venezuela to attend G20 energy summit in Houston

September 14, 2026September 14, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.- A Venezuelan delegation led by Hydrocarbons Minister Paula Henao will attend the G20 energy summit in Houston, Texas, at the invitation of the Trump administration. PDVSA Executive Vice President Jovanny Martínez will also attend the meeting, which will bring together energy ministers from the world’s leading economic powers. The delegation will participate […]

Delcy Rodríguez estimates 200 direct jobs for each activated oil rig

September 10, 2026September 10, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.— Activating each oil rig in Venezuela will create around 200 direct jobs, according to data from Petróleos de Venezuela (PDVSA) cited by Acting President Delcy Rodríguez. “Each rig activates 200 jobs, 200 workers,” Rodríguez said during the inauguration of a boulevard in Puerto La Cruz, Anzoátegui state. Rodríguez said job creation will […]

PDVSA aims to raise oil production to 1.5 million barrels per day in 2027

September 8, 2026September 8, 2026Tatiana Da GamaLeave a Comment

The Daily Journal. — Petróleos de Venezuela S.A. (PDVSA) aims to increase production to 1.3 million barrels per day this year and 1.5 million in 2027, supported by the entry of private operators, the reactivation of drilling rigs and the adoption of new technologies, the company’s Executive Vice President Jovanny Martínez said. The target is […]

GE Vernova plans to create more than 1,000 local jobs to restore oil industry power grid

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

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 […]

PDVSA Reaches 100,000 Barrels of Gasoline Per Day: Key Supply Factors and Outlook for the Domestic Market

August 22, 2026August 22, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.- Gasoline production in Venezuela has reached a strategic milestone of at least 100,000 barrels per day, according to recent data from the hydrocarbons sector. This figure marks significant progress for PDVSA and helps stabilize the country’s energy supply. According to sources at the Ministry of Hydrocarbons, this production level “makes it possible […]