Venezuela isn’t negotiating with Exxon over oil project
Venezuela's government says it has no intention of negotiating with Exxon Mobil Corp. to try to settle their dispute over financial terms for the nationalization of an oil project.
View ArticleVenezuela working to put out refinery fires after 39 killed
There was no structural damage to the processing units at the facility about 240 miles west of Caracas, and production will resume within two days after the fires are out, Oil Minister Rafael Ramirez...
View ArticleVenezuela Says OPEC members to keep group quota stable
OPEC members agree that their production target will remain unchanged after a meeting in Vienna Friday, Venezuelan Oil Minister Rafael Ramirez told reporters in Austria’s capital Thursday.
View ArticleGuyana presses Venezuela on seizure of ship under contract for Anadarko
The 285-foot survey research vessel, carrying five American oil workers, was conducting a seismic study under contract for Anadarko Petroleum Corp. on Thursday when it was stopped by a Venezuelan navy...
View ArticleRepsol plans to invest $4 billion in Venezuela through 2022
Repsol SA, Spain’s largest oil producer, plans to invest $4 billion in Venezuela through 2022 on existing projects and discoveries to more than double oil output.
View ArticlePDVSA signs $2.2 billion oil service financing to boost drilling
Petroleos de Venezuela SA, the country’s state oil company, signed deals with oil service companies Schlumberger, Halliburton and Weatherford International.
View ArticleIran vows to guard oil-market share as OPEC to review output
Iran’s crude output has languished under international economic sanctions that deter foreign energy investors and limit its exports to approximately 1 million barrels a day.
View ArticleSaudi-Venezuela OPEC split plays out behind closed doors
The disagreement cements the formation of two camps that had been brewing for weeks within OPEC.
View ArticleVenezuela’s ex oil czar dismisses media report of corruption
Rafael Ramirez posted messages on Twitter Thursday describing the report as attacks by "enemies of the people" in retaliation for the late President Hugo Chavez's recovery of the nation's oil wealth...
View Article
