U.S. intervention in Venezuela, with illegitimate President Nicolas Maduro snatched in a daring January 2026 night raid, opened the country's oil industry to foreign investment. While President Donald ...
Feb 9 (Reuters) - Venezuela's state oil company PDVSA ‌has reversed most output cuts at its ‌own oilfields and joint ventures in the Orinoco Belt, the country's main crude region, boosting total ...
Add Yahoo as a preferred source to see more of our stories on Google. Open pit gold mines have spread across large areas of the Orinoco Mining Belt in recent years. Magda Gibelli / AFP via Getty ...
A 600,000-barrel production output could unlock billions in additional revenue.
(Bloomberg) – Venezuela’s output from its richest source of petroleum deposits is decreasing as U.S. forces in the Caribbean limit exports and the threat of land strikes further pressures Nicolás ...
CARACAS/HOUSTON, Sept 16 (Reuters) - ExxonMobil is negotiating to return to Venezuela and ⁠has ⁠shown interest in the large Petromonagas heavy oil project in the ⁠Orinoco Belt - where the US energy ...
Chevron (CVX) said post-market Monday its subsidiaries with interests in Venezuela agreed to an asset swap with Petroleos de Venezuela, which it said will boost both parties' focus on strategic assets ...
Venezuela resources explained: 303 billion barrels of oil, gas, gold, iron ore, water and forests, who profits and the cost ...
FILE PHOTO: Oilfield workers hold a flag with the corporate logo of Venezuela's state oil company PDVSA, in a drilling rig at an oil well operated by them, in the oil rich Orinoco belt, near Cabrutica ...
This article is republished from The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Antonio Machado Allison is a professor of Environment and ...