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Shell launches bidding process for Dragon Field drilling project

July 16, 2026July 16, 2026Tatiana Da GamaLeave a Comment

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 […]

Vitol prepares expansion with a new office in Caracas, Reuters reports

July 9, 2026July 9, 2026Tatiana Da GamaLeave a Comment

The Daily Journal — Vitol, one of the world’s largest commodity trading companies, has begun preliminary preparations to open an operational office in Venezuela, according to an exclusive report by Reuters. Three sources with direct knowledge of the matter told Reuters that the move comes as “global trading houses expand their role in crude exports […]