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Venezuela to pump heavy crude with Russia's help
Venezuela— Venezuela says it has signed a deal with five mainly Russian energy companies to exploit its deposits of heavy crude oil. State-run Petroleos de Venezuela SA says its agreement is with a consortium of Russian oil and gas companies Rosneft, Lukoil, Gazprom and Surgutneftegaz.
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READ MORE: Venezuela-Russia, Petroleos de Venezuela SA, Russian, Gazprom, Rosneft, heavy crude, PDVSA, Surgutneftegaz, Lukoil, Venezuela, Caracas
News Stories
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- News Source: Sify News | about 1 month agoVenezuela and Russia have completed negotiations for joint production from one of the fields in the oil-rich Orinoco Belt, Venezuelan state-owned oil giant PDVSA said. The Junin 6 Block will have an estimated 'base production level of between 400 and...
- News Source: Xtra News | about 1 month agoA Russian consortium has paid one billion dollars to Venezuela to assure participation in exploiting the Orinoco oil fields , among the world's largest, officials said Sunday. The group of five Russian firms -- Rosneft, Lukoil, Gazprom, TNK-BP and...
- News Source: Times of Oman | about 1 month agoOfficials signed the deal establishing the joint venture while Venezuela's President Hugo Chavez was in Russia this week. He also bought weapons on the trip, including short-range missiles. Junin 6, the largest investment yet in Venezuela's growing...
- News Source: The Boston Globe | about 1 month agoVenezuela— Venezuela says it has signed a deal with five mainly Russian energy companies to exploit its deposits of heavy crude oil. State-run Petroleos de Venezuela SA says its agreement is with a consortium of Russian oil and gas companies...
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- Blog Source: blog.taragana.comVenezuela hosted Russian warships and bombers for joint maneuvers last fall, and has become a leading customer for Russian arms makers. It has purchased more than $4 billion in Russian weapons since 2005, including Sukhoi fighter jets, ... A
- Blog Source: www.theoildrum.comThe European Union is aiming to generate a fifth of all its energy from renewable sources by 2020 to lessen reliance on imported oil and gas and meet climate change goals to reduce greenhouse gas emissions. ... Oil and gas producers would be forced
- Blog Source: blog.7071group.comChina pledged US$10 billion earlier this year, helping fund some of the $174 billion of investments the company has planned for the next five years. However, Brazil seems unlikely to mimic some of its Latin American counterparts several of whom have
- Blog Source: hslu.wordpress.comRecently Russian President Vladimir Putin paid a visit to China, during which Chinese President Hu Jintao was expected to press for the swift approval of several proposed billion-dollar, oil-and-gas joint ventures between the two countries, ... The
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