PDVSA and Eni sign agreement to develop Junin 5 giant heavy oil field in Venezuela

Saturday, January 30th, 2010

Joint development of Junin 5 which has 35 billion barrels of certified oil in place. First oil expected in 2013. PDVSA and Eni to jointly develop hydrogenation technology to maximise ...


Who is most responsible for world oil production, governments or private investors

Tuesday, November 3rd, 2009

Although investor-owned oil companies are often thought of as those most responsible for world oil production, government-controlled companies actually control the majority of both current production (more than 52% in ...


End of opportunity for quality in the 2009 Uruguay Round

Wednesday, May 6th, 2009

At the end of the period for qualify to the 2009 Uruguay Round bidding process for oil and gas E&P offshore blocks, the interested companies are the following: BHP Billiton ...


Gazprom and PDVSA sign Memorandum of Understanding

Tuesday, September 30th, 2008

Today, as part of the working visit of Russian Federation President Dmitry Medvedev to Orenburg, Gazprom's Management Committee Chairman Alexey Miller took part in a meeting with Venezuelan President Hugo ...


Fitch Discusses Potential Impact of Exxon’s Freeze on PDVSA Partnered Refineries

Friday, February 15th, 2008

NEW YORK--(BUSINESS WIRE)--Fitch Ratings said Friday that it views a British court order to freeze up to US$12 billion of Petroleos de Venezuela S.A.'s (PDVSA; rated 'BB-'with a Negative Outlook ...


Total Signs Two Heavy Oil Study Agreements with PDVSA in Venezuela

Tuesday, February 5th, 2008

Feb. 04, 08         Total announces the signature of two joint study agreements with PDVSA concerning the Junin 10 block in the Orinoco Belt in Venezuela. Signed by Christophe de Margerie, Chief Executive ...


Total Signs Two Heavy Oil Study Agreements with PDVSA in Venezuela

Monday, February 4th, 2008

Feb. 04, 08     Total announces the signature of two joint study agreements with PDVSA concerning the Junin 10 block in the Orinoco Belt in Venezuela. Signed by Christophe de Margerie, Chief Executive ...