CARACAS, VENEZUELA (By Piero Stewart, Energy Analytics Institute, 11.Jun.2026, Words: 175) — Petróleos de Venezuela (PDVSA) president Héctor Obregón and his counterpart at Shell‘s Exploration and Production division Peter Costello evaluated projects to expand production, optimize gas handling, and improve operational reliability.
The alliance between the 2 companies is part of a strategy to consolidate the growth of the Venezuelan energy sector through participation of international capital and expertise.