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

Green Car Congress

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.

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

Green Car Congress

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.

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