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US Treasury allows Chevron to resume oil production in Venezuela, delivery to US only

Green Car Congress

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued Venezuela General License (GL) 41 , authorizing Chevron Corporation to resume limited natural resource extraction operations in Venezuela. This authorization prevents PdVSA (Petróleos de Venezuela, S.A.) 41, whichever is later.

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Venezuela to supply up to 400,000 barrels of heavy crude oil per day to India

Green Car Congress

State-run oil company Petróleos de Venezuela, S.A. PDVSA) and India’s Reliance Industries Limited (RIL), last week signed two agreements to boost extra-heavy crude oil production in Venezuela’s Orinoco Oil Belt (FPO) and sell up to 400,000 barrels per day (bpd) to the country. This agreement ensures the sale of our oil to countries th.

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Eni and PDVSA launch major heavy-oil projects in Orinoco Belt in Venezuela

Green Car Congress

Italy-based oil and gas major Eni and PDVSA (Petróleos de Venezuela), the state-owned oil and gas corporation of the Bolivarian Republic of Venezuela, signed contracts for the creation of two joint ventures (Empresas Mixtas, Mixed Enterprises). Eni in the Bolivarian Republic of Venezuela. Map of Orinoco’s Faja area. Schenk C.J.,

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Wison wins site preparation contract for refinery project in Venezuela; largest refinery PC project in Latin America by Chinese company

Green Car Congress

The completion of the Puerto la Cruz oil refinery will effectively enhance the heavy oil processing capacity and oil quality in Venezuela, which will constitute a vital impetus to economic growth, employment, and technological innovation and application in the country. —Asdrúbal Chávez J., Vice President at PDVSA.

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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Only 4% of TV news correctly connected Hurricane Beryl to climate change

Electrek

The 2024 hurricane season is here, and we’ve already had our first record-breaking hurricane in Beryl, which caused billions in damage and deaths in Texas, Grenada, Venezuela and nearby areas. Importantly, climate change helped this storm break these records and do so much damage.

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Technip awarded contract for two hydrogen reformers in Venezuela to support expanded processing of Orinoco heavy crude

Green Car Congress

Technip was awarded a “significant” contract to supply its proprietary technology as well as engineering and procurement services for two hydrogen reformers in Venezuela. Technip defines a significant onshore contract as ranging from €50 to €100 million.

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