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Ever since the start of the Bolivarian revolution, Venezuela’s oil and gas industry has been struggling, and refining has been the hardest hit. Rampant corruption, lack of investment ...
When I visited Venezuela’s Paraguaná oil refinery complex, the world’s second largest, in 2007, anxieties seemed to flare like its burn-off pipes. Employees warned of the plant’s ...
The paralysis at state oil company PDVSA's complex is cutting ... The Cardon and Amuay refineries integrate the Paraguana Refining Center at Venezuela's Western region, among the world's largest ...
Venezuela’s refining woes have led to shortages in gasoline supplies in the country, triggering hours-long waits on the retail side. Venezuela sits atop the largest crude oil reserves in the ...
The company can maintain key infrastructure but is barred from importing oil from the South American country.
Chevron Corporation (NYSE:CVX) has terminated the contracts it had to operate in Venezuela and has delegated its ...
Dec 19 (Reuters) - Venezuela's state-run oil company Petróleos de Venezuela has signed an agreement to settle debts to Curacao's refinery after ceasing operations in 2019, and could resume crude ...
which also includes the adjacent Cardon refinery. Together, the two refineries process about 900,000 barrels of crude per day and 200,000 barrels of gasoline. Venezuela is a major supplier of oil ...
Most of the enormous oil reserves Venezuela has access to – almost ... One is the collapse of the refining infrastructure and the other is that its oil is naturally heavy so they need to import ...
A huge explosion rocked Venezuela's biggest oil refinery and unleashed a ferocious fire Saturday, killing at least 39 people and injuring more than 80 others in the deadliest disaster in memory ...
(AP) PUNTO FIJO, Venezuela - An intense fire at a Venezuelan refinery spread to a third fuel tank on Monday nearly three days after an explosion killed at least 41 people and injured more than 150.
Venezuela's state-run Petróleos de Venezuela, S.A. will supply fuel to Curacao's refinery to settle debts left by the oil company after ceasing operations at the Caribbean island's facility in ...
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