PDVSA will continue producing crude oil alone from its joint ventures with Chevron after the Trump Administration revoked the ...

“We can’t do it alone.” He said the US Geologic Survey found the Orinoco Belt has more than 500 billion barrels of recoverable crude. Repsol, Petroliam Nasional Bhd., Indian Oil Corp. and ...

The administration of U.S. President Donald Trump this month gave Chevron 30 days through early April to wind down all oil ...

TASS/. Venezuela and Russia have reached an agreement to step up investment and participation of Russian companies in development of Orinoco Belt oil reserves and other projects, Venezuelan ...

The last time PDVSA shipped diluted crude to Asia was in April last year. The extra heavy crude from the Orinoco Belt must be diluted with naphtha or condensate for transport and export ...