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 ...

Cleaning or removing the pipes could take months, he said. “Damage caused by the blackouts at the Orinoco Belt oil fields is substantial,” Rangel said in an interview. Because of the blow to ...

Chevron has a presence in the U.S.-sanctioned South American country through joint ventures where PDVSA is the largest shareholder, with the Petropiar project at the vast Orinoco Belt being the ...