HOUSTON, TEXAS (By Pietro D. Pitts, Editores Latin Petroleum, 20.Aug.2026, Words: 95) — Oil production from Venezuela’s state-owned PDVSA has reached 1,233,000 barrels per day (b/d).
This, according to PDVSA president Héctor Obregón, who confirmed Venezuelan national production continues its sustained upward trend.
PANAMA CITY, PANAMA / HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 9.Jun.2025, Words: 1,600) — Proposals for 6 new joint ventures (JVs) in Venezuela’s Orinoco heavy oil belt, or Faja, aimed to increase the South American country’s heavy and extra-heavy crude oil (EHCO) production capacity by an additional 2,090,000 […]
(Trinidad and Tobago Newsday, 19.Apr.2021) — Former energy minister Kevin Ramnarine said it is critical for the Prime Minister to name a new Minister of Energy over the next two days, as Trinidad and Tobago is still an oil and gas-dependent economy. He said the shortfall in revenue and the […]
(S&P Global Platts, Brian Scheid, 14.Oct.2019) — Venezuelan oil production, already averaging a historic low near 600,000 b/d, could quickly plummet below 300,000 b/d if the Trump administration allows a waiver for Chevron and four US oil services companies to expire next week, analysts told S&P Global Platts. “I think […]