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. degree API crude to upgraded crude of 35.7
Green Car Congress
APRIL 20, 2013
Crude oil imports from the top five foreign suppliers to the United States—which in 2012 were Canada, Saudi Arabia, Mexico, Venezuela, and Iraq, in that order—accounted for almost 72% of total US net crude oil imports, the highest proportion since 1997, according to the US Energy Information Administration (EIA).
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.
Green Car Congress
MARCH 6, 2018
In Venezuela, oil production has fallen by more than half in the past 20 years, and declines are set to accelerate. Sharply falling production in Venezuela will offset gains in Iraq, resulting in OPEC crude oil capacity growth of just 750,000 barrels a day by 2023. of demand by 2023, the lowest number since 2007.
Green Car Congress
JANUARY 1, 2010
Venezuela state-owned PDVSA and Italy-based Eni are finalizing a planned 60:40 joint venture to produce heavy crude oil in Junin Block 5 in the Orinoco Oil Belt in Venezuela in 2014. Venezuela contains billions of barrels in extra-heavy crude oil and bitumen deposits, most in the Orinoco Belt in central Venezuela.
Green Car Congress
JUNE 23, 2011
Chevron is taking its technology learnings from Kern River and apply them to Duri and other major heavy oil fields globally, such as Wafra in the onshore Partitioned Neutral Zone (PNZ) between Kuwait and Saudi Arabia and in the Orinoco in Venezuela. DOE fact sheet: US Heavy Oil Resource Potential.
Green Car Congress
DECEMBER 20, 2009
In the end, 188 countries voted in favor of the motion, with Cuba, Bolivia, Sudan, and Venezuela voting against it. Weech secured consensus before mid-morning by calling a vote to “take note” of the accord, rather than approve it. The accord will not become an official United Nations document unless unanimous approval is secured.
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