Corporation and Venezuela

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

Green Car Congress

NOVEMBER 27, 2022

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.

Venezuela

Venezuela Chevron Oil Production

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

Green Car Congress

NOVEMBER 23, 2010

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.

Venezuela

Venezuela Oil 2009 Gas

PDVSA signs agreements with India’s Reliance and OVL for work in Orinoco

Green Car Congress

OCTOBER 11, 2013

The Venezuelan state oil company, Petroleos de Venezuela, SA (PdVSA), has signed agreements with two major Indian energy companies, Reliance and OVL, for work in Venezuela’s Orinoco heavy oil belt. Reliance Industries Limited (RIL) and PDVSA signed a Joint Study Agreement for Ayacucho Block 8 in Orinoco Oil Belt.

Venezuela

Venezuela Oil Corporation Gas

CNPC and PDVSA to invest $14B to develop Junin 10 in Orinoco extra-heavy oil belt

Green Car Congress

SEPTEMBER 18, 2013

China National Petroleum Corporation (CNPC) and Venezuela’s PDVSA (Petróleos de Venezuela SA) will invest about $14 billion to develop the Junin 10 block in the Orinoco extra heavy oil belt in Venezuela, according to a tweet sent out by Rafael Ramirez, the Venezuelan petroleum minister. degrees API.

Venezuela

Venezuela Oil 2007 2013

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

Oil (..)

Guyana

PdVSA doubling capacity and modernizing El Palito Refinery for influx of more Orinoco heavy crudes

Green Car Congress

JULY 24, 2012

The Venezuelan national petroleum company Petróleos de Venezuela, S.A. PdVSA) has awarded Japan-based Toyo Engineering Corporation and its consortium partners Foster Wheeler AG (FW) and the Venezuelan engineering company Y&V Ingeniería y Construcción, C.A. (Y&V) This number represents a major upward revision from 99.4 Hydrotreating.

Venezuela

Venezuela Oil Japan Engine

PDVSA signs $4B loan agreement with China Development Bank for expansion of heavy oil production in Orinoco

Green Car Congress

JUNE 4, 2013

Venezuela’s PDVSA signed a $4.0-billion, Venezuela will also receive two other loans from China: one for $1.5 China and Venezuela are developing Orinoco blocks Junin 1, 4 and 8; Boyaca 4 and MP3. PDVSA holds a majority 64.25% stake in the Sinovensa JV; CNPC owns the remaining 35.75% stake. Schenk C.J., Charpentier, R.R.,

Venezuela

Venezuela Oil China Production

PDVSA and PetroChina move ahead with 400,000 barrel per day oil refinery in China; processing Orinoco heavy and extra-heavy crude

Green Car Congress

AUGUST 24, 2011

Petróleos de Venezuela SA (PDVSA) and PetroChina recently signed the Project for Development and Establishment of a joint venture to realize the future development of the Nanhai refinery. Oil and Gas Journal (OGJ) pegged Venezuela’s 2011 reserves at 211 billion barrels, up from 99.4 billion barrels the year before.

Saudi Arabia

Saudi Arabia Venezuela Oil Oil-Sands

Glencore to pay >$1.1B to resolve government’s investigation into bribery and commodity and price manipulation

Green Car Congress

MAY 27, 2022

Glencore also admitted to bribery of officials in Brazil and Venezuela. In Venezuela, Glencore admitted to conspiring to secure improper business advantages by paying over $1.2 employees (including those who worked at Chemoil Corporation, which was majority-owned by Glencore Ltd.’s

Los Angeles

Los Angeles Equatorial Guinea Price Nigeria

US 2nd-largest petroleum refinery to pay more than $5.3M for Clean Air Act violations

Green Car Congress

JANUARY 26, 2011

Hovensa LLC, a joint venture between subsidiaries of Hess Corporation and Petroleos de Venezuela, S.A., and the owner of the second-largest petroleum refinery in the United States, has agreed to pay a civil penalty of more than $5.3 Hovensa LLC became the owner and operator of the former Hess Oil Virgin Islands Corp.

Virgin Islands

Virgin Islands Clean Cleaning Pollution

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

Green Car Congress

JANUARY 7, 2018

ExxonMobil Corporation announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015. A former British colony located on the northeast coast of South America, Guyana borders Venezuela, Brazil and Suriname. billion recoverable oil-equivalent barrels.

Guyana

Guyana Oil South America Suriname

Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

Green Car Congress

AUGUST 25, 2015

The UAE includes data for three SWF funds only: Abu Dhabi Investment Authority ($773 billion), Abu Dhabi Investment Council ($110 billion), and Investment Corporation of Dubai ($183 billion)). As we have pointed out, RBC Capital’s fragile five , Algeria, Libya, Nigeria, Iraq and Venezuela, the pain is intense.

Saudi Arabia

Saudi Arabia Russia Oil 2015

EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

AUGUST 9, 2022

Oil is currently one of the most important and valuable commodities and constitutes a major source of income for the governments and corporations that control its production and distribution.

Environment

Environment Electric Vehicles New Zealand Vehicles

EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

AUGUST 9, 2022

Oil is currently one of the most important and valuable commodities and constitutes a major source of income for the governments and corporations that control its production and distribution.

Environment

Environment Electric Vehicles New Zealand Vehicles

EV Driven

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

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

PDVSA signs agreements with India’s Reliance and OVL for work in Orinoco

CNPC and PDVSA to invest $14B to develop Junin 10 in Orinoco extra-heavy oil belt

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

PdVSA doubling capacity and modernizing El Palito Refinery for influx of more Orinoco heavy crudes

PDVSA signs $4B loan agreement with China Development Bank for expansion of heavy oil production in Orinoco

PDVSA and PetroChina move ahead with 400,000 barrel per day oil refinery in China; processing Orinoco heavy and extra-heavy crude

Glencore to pay >$1.1B to resolve government’s investigation into bribery and commodity and price manipulation

US 2nd-largest petroleum refinery to pay more than $5.3M for Clean Air Act violations

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

Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

EV myths busted: Are electric vehicles actually good for the environment?

EV myths busted: Are electric vehicles actually good for the environment?

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