The Venezuelan Petroleum Chamber confirmed increased activity among companies and equipment in the sector The Daily Journal.- The Venezuelan Petroleum Chamber (CPV) confirmed Thursday that oil activity in Zulia state has begun to pick up, with companies increasing operations and production reaching between 350,000 and 360,000 barrels per day. Roy Biagioni, president of the CPV’s […]
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The Daily Journal.— U.S. President Donald Trump on Monday avoided taking a position on Venezuela’s potential withdrawal from the Organization of the Petroleum Exporting Countries (OPEC), saying the decision rests with Caracas despite the new energy agreement that deepens oil cooperation between the two countries. “Well, I don’t know. That’s up to them,” Trump said […]
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Audio: https://clyp.it/p2koe0pw Julio A. López, Editor-in-Chief .— Chevron is set to sign preliminary agreements to invest in two Iraqi oil fields and join a consortium of investors studying the construction of a pipeline linking Iraq’s oil-producing basin to Syria’s Mediterranean coast, specifically the port of Baniyas. The Context: Iraq, the Most Exposed Iraq — the second-largest […]
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Audio: https://clyp.it/ne1oh5te Julio A. López, Editor-in-Chief — Petronas, through its subsidiary Petronas Suriname E&P B.V., announced two new hydrocarbon discoveries and a successful appraisal well in Block 52, offshore Suriname, bringing its total number of successful wells in the country to eight and surpassing 1 billion barrels of oil equivalent in recoverable resources. Three Wells, Three […]
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Julio A. López, Editor-in-Chief.— Several companies in the energy sector have begun moving heavy equipment and specialized personnel into the areas devastated by the earthquakes that struck Venezuela, joining the search, rescue, and recovery effort. The Daily Journal has obtained internal emails ordering an immediate review of equipment availability, the reactivation of existing contracts, and […]
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