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Italian Firm, Venezuela’s PDVSA To Begin Production at Orinoco Field
March 14, 2013 | by HS News Staff | Latino Daily News
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 »
Venezuela, Russia Strengthen Alliance with Oil Agreements
January 30, 2013 | by HS News Staff | Latino Daily News
Venezuelan state-owned oil company PDVSA has signed a series of offshore gas development and drill-rig import agreements with Russian state-controlled Rosneft, bolstering an alliance with a country that Caracas expects will be its top oil partner by 2021. continue reading »
Venezuela’s Carabobo Field Begins Oil Production
December 28, 2012 | by HS News Staff | Latino Daily News
The first well in the Carabobo field of Venezuela's oil-rich Orinoco Belt began pumping extra-heavy crude after a launch ceremony attended by the country's energy minister and the CEO of Spain's Repsol, a partner in the project. continue reading »
Venezuela’s PDVSA Unable to Find Oil in Cuban Waters
November 3, 2012 | by HS News Staff | Latino Daily News
A well drilled by Venezuelan state oil giant PDVSA in Cuban waters of the Gulf of Mexico also has turned up dry, the Communist-ruled island's official media reported Friday. continue reading »
Venezuela Begins Oil Exploration off of Cuba
September 6, 2012 | by HS News Staff | Latino Daily News
State-owned oil giant Petroleos de Venezuela, or PDVSA, has started exploring for oil in deepwater areas off Cuba, Oil and Mining Minister Rafael Ramirez said. continue reading »
Venezuela Investigating the Cause of Deadly Oil Refinery Blast
September 3, 2012 | by HS News Staff | Latino Daily News
Venezuela's government has not ruled out any theory in the investigation into the Aug. 25 explosion at the Amuay refinery that killed 42 people, but "there's no way" that the proper maintenance was neglected, Energy and Mines Minister Rafael Ramirez said Sunday. continue reading »
Argentina and Venezuela Form “Strategic” Oil Alliance
August 1, 2012 | by HS News Staff | Latino Daily News
Argentine President Cristina Fernandez and Venezuelan counterpart Hugo Chavez signed an agreement in Brasilia forming a "strategic alliance" between their respective state oil companies, YPF and PDVSA. continue reading »
Venezuela Oil Blast Kills One, Injures Three
April 2, 2012 | by HS News Staff | Latino Daily News
At least one worker was killed and three others were injured in an explosion over the weekend at a refinery in eastern Venezuela operated by Petrocedeño, which is owned by state-owned PDVSA, France's Total and Norway's Statoil, PDVSA said. continue reading »
Hugo Chavez Pays His Way Into The F1 Racing With Govt Oil Money (VIDEO)
January 19, 2011 | by HS News Staff | Latino Daily News
State owned Petróleos de Venezuela SA, or PDVSA, the world's fifth largest oil exporter has signed a very generous (rumors say $16m) sponsorship deal with the renowned AT&T Williams F1 racing team, new home of Venezuelan driver and reigning GP2 Series champion Pastor Maldonado. continue reading »
