News Venezuela Investment: U.S. backs Venezuela oil revival, but investment gap looms
Various estimates agree that Venezuela will need to generate more than $100 billion over the next decade to restore its oil production capacity. File Photo by Henry Chirinos/EPA April 27 (UPI) -- The ...
News Venezuela Investment: What America’s $100 billion Venezuela oil investment could mean for climate change, oil spills and vulnerable communities
A significant United States investment in Venezuela's oil sector raises environmental concerns. Increased oil production could worsen existing issues like pollution and aging infrastructure. Vulnerable communities and protected areas face potential risks from expanded operations. Transparency regarding oil field locations and safeguards remains critically important. The deal's environmental impact hinges on oversight and adherence to standards.
News Venezuela Investment: Chevron plans $7 billion Venezuela investment to double oil production
Chevron, the only U.S. oil company operating in Venezuela, said it has received additional land in the Orinoco Belt region and plans to double its oil production.
News Venezuela Investment: Venezuela’s Oil Comeback Could Cost More Than $100 Billion
Venezuela certainly has the resource, but decades of mismanagement and infrastructure collapse at oil sites will need much more investment than the ones needed to reactivate rigs.
News Venezuela Investment: Venezuela pitches oil, gas investment opportunities at Houston showcase
Industry leaders discussed Venezuela's oil and gas reserves, emphasizing the importance of international partnerships, technology, and infrastructure development to unlock resource...
News Venezuela Investment: Venezuela tells China oil prices won't be set by the US, seeks to reassure investment after Maduro capture
Venezuela says oil prices will follow markets, not U.S. pressure, amid sanctions uncertainty. The Venezuelan ambassador to China also sought to assure that Chinese investment in Venezuela will be ...
News Venezuela Investment: China is helping Venezuela re-establish itself as a major oil producer
Venezuela appears to be following in Iran’s footsteps by starting to ignore U.S. sanctions on its oil industry to once again develop its substantial crude reserves. After years of stalling and losing ...
News Venezuela Investment: Venezuela beefs up cooperative ties with ASEAN
Participants of the dialogue in a group photo The minister affirmed Venezuela wants to promote its political, economic, and cultural ties with all ASEAN members, with a priority on promoting trade and ...
