Green Car Congress

OCTOBER 16, 2013

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.

Venezuela 199

Venezuela Chinese Hyundai America 199

Green Car Congress

JULY 1, 2013

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.

Venezuela 170

Venezuela Hydrogen Oil Emissions 170

Green Car Congress

OCTOBER 18, 2009

Italian oil major Eni made a world class gas discovery at its Perla field, in the shallow water of the Venezuelan offshore, successfully drilling an explorative well in the Perla field, located in the Cardon IV block, in the Gulf of Venezuela. The Venezuelan state company Petróleos de Venezuela S.A. interest in the project.

Venezuela 150

Venezuela Gas Oil Water 150

Green Car Congress

JUNE 26, 2022

For that reason, crude oil production that is offline in Iran, Libya, Venezuela, and now Russia, is excluded from surplus capacity estimates.

Oil 259

Oil Libya Russia Global 259

Green Car Reports

DECEMBER 23, 2013

Until you see what our counterparts in Venezuela are paying for gas--with the nation''s subsidies, drivers pay a nominal 5 cents per gallon.' If you have friends in Europe, you might have heard them complaining of gas prices topping $8 per gallon. It''s certainly enough to make you feel better about the average $3.60

Venezuela 89

Venezuela Gas Price Cars 89

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 Between approximately 2007 and 2018, Glencore and its subsidiaries caused approximately $79.6

Los Angeles 199

Los Angeles Equatorial Guinea Price Oil 199

Green Car Congress

JULY 24, 2012

The Venezuelan national petroleum company Petróleos de Venezuela, S.A. According to Oil and Gas Journal (OGJ), Venezuela had 211 billion barrels of proven oil reserves in 2011, the second largest the world. billion barrels in 2010, due to the the inclusion of the massive reserves of extra-heavy oil in Venezuela’s Orinoco belt.

Venezuela 225

Venezuela Oil Hydrogen Japan 225

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.,

Oil 186

Oil Venezuela China Production 186

Green Car Congress

JULY 30, 2019

OPEC registered zero growth as production in the Arab Gulf countries were offset by losses in Iran and Venezuela due to geopolitical issues. In 2018, global oil reserves rose slightly (+0.4%), mainly due to growth in the US. also rose in Brazil and Norway. Source: Eni World Oil Review 2019.

Oil 170

Oil Saudi Arabia 2018 Global 170

Green Car Congress

JULY 3, 2013

Rosneft’s President and Chairman of the Management Board Igor Sechin and Venezuelan Oil Minister and PDVSA President Rafael Ramirez, in the presence of the President Vladimir Putin, signed a cooperation agreement for implementation of offshore projects in Venezuela. Total reserves are estimated at 21 trillion cubic feet.

Gas 170

Gas Venezuela Russia Oil 170

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 231

Venezuela Oil Gas Energy 231

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

Oil 199

Oil Venezuela 2007 China 199

Green Car Congress

OCTOBER 26, 2017

The ‘Fragile Five’ petrostates—Iran, Iraq, Libya, Nigeria and Venezuela—continue to see supply disruption potential, with northern Iraq crude exports at risk due to an escalation of tensions between the (Kurdistan Regional Government), Baghdad and Turkey, while the United States has decertified the 2015 Iran nuclear deal,” U.S.

Oil Prices 170

Oil Prices Oil Libya Price 170

Green Car Congress

MARCH 17, 2013

PetroJunín, joint venture formed by PDVSA (60%) and Eni (40%), has started production from the Junín-5 giant heavy oil field, located in the Faja del Orinoco—the area with the largest untapped hydrocarbon reserves in the world, according to Eni.

Oil 218

Oil Angola Oil-Sands Venezuela 218

Green Car Congress

NOVEMBER 27, 2013

Eni has been present in Venezuela since 1998. In Venezuela, Eni is also co-operator of Cardon IV, the operating company that manages the Perla gas field, the reserves of gas in place of which are estimated at about 480 billion cubic meters (3.1 The pipeline is 25 km (15.5 billion barrels of oil equivalent).

Venezuela 210

Venezuela Oil Gas Transportation 210

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).

Saudi Arabia 262

Saudi Arabia Oil Venezuela Iraq 262

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 186

Saudi Arabia Oil Venezuela Oil-Sands 186

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. Virtually all of the OPEC output growth comes from the Middle East.

Norway 218

Norway Oil Brazil Canada 218

Green Car Congress

MARCH 28, 2012

The amount of crude oil the United States imported from its top five foreign suppliers—Canada, Saudi Arabia, Mexico, Venezuela, and Nigeria—increased slightly during 2011, even though total US crude oil imports fell to their lowest level in 12 years, according to the US Energy Information Administration. Crude oil imports of 1.1

Saudi Arabia 220

Saudi Arabia Oil 2011 Canada 220

Green Car Congress

JUNE 6, 2019

Canadian oil sands production is set to enter a period of slower annual production growth compared to previous years.

Oil-Sands 170

Oil-Sands Oil Venezuela Production 170

Green Car Congress

APRIL 10, 2015

With the huge reduction in its revenues and growing discomfort among its members such as Venezuela, Libya and Nigeria over its current production levels, is OPEC really getting weaker? Containing some of the largest proven oil and gas reserves in the world, Venezuela is one of the founding members of OPEC. Nigeria’s dilemma.

Saudi Arabia 150

Saudi Arabia Venezuela Oil Prices Iran 150

Green Car Congress

AUGUST 20, 2019

The process can extract hydrogen from existing oil sands reservoirs, with huge existing supplies found in Canada and Venezuela. This can be used to power hydrogen-powered vehicles, which are already marketed in some countries, as well as to generate electricity. Proton Technologies is commercializing the process.

Oil-Sands 375

Oil-Sands Hydrogen Oil Gas-Electric 375

Green Car Congress

SEPTEMBER 19, 2013

an indirect, wholly-owned subsidiary of Petróleos de Venezuela, S.A. PDVSA), the national oil company of the Bolivarian Republic of Venezuela. EPA further alleged that CITGO failed to sample and test reformulated gasoline blendstock at its Lemont refinery, as required by the CAA. CITGO is owned by PDV America, Inc.,

Pollution 186

Pollution Venezuela EPA Emissions 186

Green Car Congress

NOVEMBER 2, 2020

The Gas Exporting Countries Forum is an international governmental organization of 20 Member Countries—Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago, Venezuela, Angola, Azerbaijan, Iraq, Kazakhstan, Malaysia, Norway, Oman, Peru, and the United Arab Emirates—which jointly control 71% (..)

Gas 170

Gas Turkmenistan United Arab Emirates Equatorial Guinea 170

Green Car Congress

DECEMBER 9, 2011

Rosneft, the leader of Russia’s petroleum industry and majority owned (75.6%) by the state, and PDVSA, Venezuela’s state-owned oil and gas company, have signed a tentative memorandum of understanding (MoU) to set up a joint venture to develop heavy crude oil reserves in Venezuela as part of the Carabobo-2 project.

Venezuela 170

Venezuela Oil Commercial Gas 170

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.

Oil-Sands 186

Oil-Sands Oil Venezuela 2009 186

Green Car Congress

NOVEMBER 19, 2014

Ford Explorer is built in North America at Chicago Assembly Plant, as well as in Venezuela and now, Russia. An active wastegate controls boost more precisely during light load operation to help save fuel. A higher compression ratio results in more efficient fuel combustion. It is sold in more than 100 markets across the globe.

Fuel Economy 255

Fuel Economy SUV Ford Fuel 255

Cars That Think

NOVEMBER 5, 2021

So a friend-group that included a computer science major from China, an AI-focused management science and engineering (MSE) major from Russia, and a business-oriented MSE major from Venezuela isn't an anomaly. He's the member of the trio from Venezuela.) "And And then came the pandemic.

Venezuela 143

Venezuela San Francisco Guatemala China 143

Green Car Congress

MARCH 26, 2014

Because production levels from Iran, Libya, and Sudan and South Sudan dropped since 2011, China replaced the lost shares of crude oil and other liquids imports from these countries with imports from Oman, Iraq, the United Arab Emirates, Angola, Venezuela, and Russia.

United Arab Emirates 261

United Arab Emirates Saudi Arabia China Sudan 261

Green Car Congress

MARCH 30, 2016

crude oil is Venezuela. In early February, Venezuela’s state-run oil company PDVSA imported a 550,000-barrel cargo of West Texas Intermediate (WTI) through its U.S.-based Venezuela started importing foreign crudes in 2014 amid a fall in its own production—buying mostly Angolan and Nigerian light grades.

Oil 150

Oil Venezuela Chevron France 150

Green Car Congress

NOVEMBER 16, 2015

Petroleos de Venezuela (PDVSA). The Top 10 companies in this year’s rankings are: Saudi Aramco, Saudi Arabia. National Iranian Oil Company (NIOC). China National Petroleum Company (CNPC). ExxonMobil, US. Royal Dutch Shell, Netherlands/UK. Rosneft, Russia. Gazprom, Russia. Total, France.

Oil 150

Oil Saudi Arabia Energy Chevron 150

Green Car Congress

FEBRUARY 25, 2016

Then we have Venezuela, where production costs hover just over $23 per barrel on average, but where disaster is imminent. For Venezuela, the breakeven point is particularly elusive because the country’s oil is very heavy and very dirty —and thus very expensive to extract and refine. Venezuela is already on its knees.

Saudi Arabia 150

Saudi Arabia Oil Oil-Sands Venezuela 150

Green Car Congress

DECEMBER 11, 2013

Renewed disruptions in Libya and smaller drops in Nigeria, Kuwait, the United Arab Emirates and Venezuela more than offset higher output in Iran, Iraq and Angola. OPEC crude supply fell by 160 kb/d in November to 29.73 mb/d, its fourth consecutive monthly decline. Global refinery crude runs plunged to 73.6

United Arab Emirates 220

United Arab Emirates Oil 2014 Supplies 220

Green Car Congress

JUNE 26, 2013

The remaining crude coming from the Alberta oilsands has the same or lower emissions than the heavy crude that the US imports from Venezuela, he noted. In Toronto, Canada’s Natural Resources Minister Joe Oliver said later that “ On a net basis, I don’t see any increase on emissions.

Obama 199

Obama North Dakota Oil-Sands Venezuela 199

Green Car Congress

AUGUST 1, 2014

Scientists at the US Department of Energy’s (DOE) Brookhaven National Laboratory, with colleagues from the University of Seville (Spain) and Universidad Central de Venezuela, have discovered a new, highly active catalytic system for converting carbon dioxide to methanol. Click to enlarge. Baber, Jaime Evans, Sanjaya D. Senanayake, Darío J.

Conversion 236

Conversion CO2 Venezuela Hydrogen 236

Green Car Congress

NOVEMBER 28, 2012

Canada is the largest supplier of foreign oil to the United States, followed by Saudi Arabia, Mexico, and Venezuela. The vast majority of Canada’s reserves and the expected future growth in Canada’s liquids production will derive from unconventional resources. Almost 99% of Canadian oil exports are sent to the US market.

Oil-Sands 225

Oil-Sands Saudi Arabia Canada 2012 225

Green Car Congress

MARCH 8, 2014

Petroleos de Venezuela, S.A.

Oil 246

Oil Venezuela Production Congress 246