Julio A. López, Editor-in-Chief.— Venezuela’s offshore gas map is being redrawn. Chevron transferred its licenses in Blocks 2 and 3 of the Deltana Platform — home to the Loran and Macuira gas fields — to Pdvsa in exchange for strengthening its position in the Orinoco Belt’s heavy crude sector. Weeks later, BP moved into that […]
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By Julio A. López, Editor-in-Chief — In an exclusive interview with The Daily Journal, Dr. Evanán Romero, Venezuela’s former deputy minister of Energy and Mines and a key figure in the country’s oil-sector opening during the 1990s, explained why the natural gas partnership between Venezuela and Trinidad and Tobago could become the region’s most profitable—and […]
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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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By Julio A. López, Editor-in-Chief — Venezuela’s map of gas transportation projects reveals far more than a network of pipelines. It illustrates the scale of the challenge the country faces in transforming its vast natural gas resources into an efficient supply for households, industries, power plants, petrochemical complexes, and eventually, export markets. The first conclusion […]
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The Daily Journal — British energy company Shell has received authorization to extract natural gas from the Loran field, located in Venezuelan territorial waters, and export it directly to Trinidad and Tobago for processing. Trinidadian Energy Minister Roodal Moonilal announced the development before a parliamentary committee, following the signing of a production agreement last week […]
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The Daily Journal — The Venezuelan government issued an official statement, released by Foreign Minister Yván Gil, reporting the detection of a new large-scale hydrocarbon spill originating from Trinidad and Tobago. According to Venezuelan authorities, the incident exceeds previous spills in magnitude, and contaminated material has already begun moving toward Venezuelan maritime territory. In its […]
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