Tag Results for "Oil Production"
State-owned oil giant Petroleos de Venezuela, or PDVSA, and Italy's Eni have commenced production ahead of schedule at their joint venture in the Orinoco Belt, while other projects with China's CNPC and U.S. supermajor Chevron Corp. should start producing crude soon, Oil Minister Rafael Ramirez said. continue reading »
Output at Ku-Maloob-Zaap, Mexico's most productive oil field, climbed to a record high of 865,000 barrels per day in December, state-owned oil monopoly Petroleos Mexicanos said. continue reading »
Canadian oil company Pacific Rubiales Energy said Wednesday it has reached its 2012 production target of 280,000-285,000 barrels of crude per day in Colombia despite licensing delays. continue reading »
Crude production in Ecuador rose in July to 508,000 barrels per day, its highest level since February 2011, the Central Bank said. continue reading »