The autocratic Maduro regime is determined to squeeze whatever oil and gasoline production it can generate from Venezuela’s crumbling oilfields,...
Oil production
Venezuelan state oil company PDVSA would need $58 billion in investment to revive its crude production to the levels of...
U.S. refiners were forced to source their heavy crude from somewhere else after the United States sanctioned Venezuelan crude oil....
Venezuela's state-owned PDVSA has started a maintenance shutdown of its Petropiar oil field located in the Ayacucho block in the...
It is speculated that if Maduro can attract the much-needed investment required to rebuild Venezuela’s petroleum infrastructure he could quite...
Venezuelan crude production fell back in early April after state-owned PdV diverted limited diluent and light crude from Orinoco heavy...
The volume compares to 360,000-390,000 b/d in the second half of 2020, and it is still shy of an average...
State-owned PdV's 305,000 b/d Cardon refinery, the focus of its repair efforts, restarted gasoline and diesel production early yesterday after divers...
Last week was devastating for Venezuela, its people and nearly collapsed oil industry. Oil production since the start of 2020...
Venezuela's oil exports fell to a historic low of 359,000 barrels per day (bpd) in October as most of state-run...