XRG Archives - The Daily Journal

BP to develop gas in the Deltana Platform after Chevron scales back

August 19, 2026August 19, 2026Tatiana Da GamaLeave a Comment

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 […]

PDVSA transfers stake in Lorán Field to BP and two other oil companies

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

The Daily Journal.— Venezuela authorized the transfer of a stake held by PDVSA Gas to a consortium comprising Britain’s BP, the UAE’s XRG and Qatar’s UCC Oil and Gas Holding to advance the exploration and production of non-associated natural gas in the Lorán Field, located in Block 2 of the Deltana Platform. The parties formalized […]