Venezuela’s Orinoco Oil Belt Increased Oil Production

• Sunday, 12th June 2016
• by Egypt Oil & Gas

The Venezuelan Minister of Petroleum and Mining, Eulogio del Pino, has declared that the daily production of crude oil from Orinoco Oil Belt has increased from 20,000 to 30,000 b/d, thus benefiting the whole region.

Aruba to Reopen Oil Refinery

• Tuesday, 17th May 2016
• by Egypt Oil & Gas

The Aruban government and Venezuela’s Citgo Petroleum Corp. are finalizing an agreement to reopen an oil refinery that has been shuttered since 2009.