Gazprom commences drilling first exploratory well in Venezuela

Tuesday, November 11th, 2008

Within the visit of Igor Sechin, Deputy Chairman of the Russian Federation Government to Venezuela, a Gazprom delegation, led by Alexander Medvedev, Deputy Chairman of the Company Management Committee took ...


Exxon Mobil Corporation Announces Estimated Third Quarter 2008 Results

Thursday, October 30th, 2008

Exxon Mobil Corporation (NYSE:XOM):                                                               Third Quarter         Nine Months                                                                    2008     2007   %   2008     2007      %  Net Income              $ Millions                                                14,830   9,410   58   37,400   28,950   29  $ Per Common Share              Assuming Dilution                                     2.86     1.70      68   7.11       ...


Gazprom delegation visited Venezuela

Tuesday, September 23rd, 2008

A delegation of OAO Gazprom led by Deputy Chairman of the Board of Directors Alexander Medvedev recently visited Venezuela. During the visit, Mr. Medvedev met with Venezuela’s Energy and Oil Minister ...


Eni Signs Strategic Agreement for Exploration and Development offshore Venezuela

Monday, September 22nd, 2008

The two areas, Blanquilla Est and Tortuga, are located in the Caribbean Sea off the coast of northern Venezuela, approximately 130 kilometers north of Puerto La Cruz. The development of ...


PDVSA Announces Successful Completion of Tender Offer and Consent Solicitation for Petrozuata Project Bonds

Wednesday, September 17th, 2008

CARACAS, Venezuela--(BUSINESS WIRE)--Petróleos de Venezuela, S.A. (“PDVSA”) announced the successful completion of its previously announced tender offer for any and all of the outstanding 7.63% Series A Bonds due 2009 ...


PetroSA signs a MoU with the National Oil Company of Venezuela.

Thursday, September 4th, 2008

Cape Town (03.09.08) - On the 2nd September 2008, the South African Government and the Government of Venezuela executed a number of official trade agreements as part of the bi-lateral ...


PetroFalcon Announces Baripetrol Operations Update

Wednesday, March 5th, 2008

March 5, 2008, Caracas, Venezuela – PetroFalcon Corporation (“PetroFalcon”) (TSX:PFC), a publicly-traded natural resource company with oil and gas operations in Venezuela, released an update for its 5%-owned joint venture, Baripetrol, ...


Eni signs Strategic Agreements in the Bolivarian Republic of Venezuela’s Orinoco oil belt

Monday, March 3rd, 2008

The Orinoco belt is the world's largest deposit of heavy oil with original oil in place equal to 1,300 billion barrels (current oil production is approximately 600,000 barrels per day). Eni ...


CADWorx Plant Design Suite 2008 to be Featured at COADE Discovery Tour Events Scheduled for April 1st in Bogota, Colombia, and April 3rd in Caracas, Venezuela

Wednesday, February 27th, 2008

HOUSTON--(BUSINESS WIRE)--COADE announced today that the next stops on the COADE Discovery Tour will be April 1st in Bogota, Colombia, and April 3rd in Caracas, Venezuela, coordinated in conjunction with ...


Venezuela: Sincor Officially Transformed into a Mixed Company

Friday, February 8th, 2008

Feb. 08, 08         After issuing a decree in November 2007 creating the Mixed Company PetroCedeño, the Venezuelan authorities issued on January 10, 2008 a decree transferring Sincor’s extra-heavy oil development operations ...


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 ...