Venezuela | Egypt Oil & Gas - Part 7

Guyana Searches for Alternatives to Venezuelan Oil

Guyana is considering energy alternatives to the Petrocaribe program as Venezuela fails to meet export quotas and tensions flare between the neighboring countries.

Uruguay Settles Oil Debt with Venezuela at a Discount

South American OPEC nation Venezuela will allow Uruguay to pay off a $400 million energy debt at a 35 percent discount, Uruguay said on Monday.

Italian Eni Starts Production at Venezuelan Gas Field

Italian energy company Eni said Monday it started production at the Perla gas field, the largest field of its kind found off the coast of Venezuela.

Venezuela Oil Refinery Faces Challenges

At Amuay, this oil-rich country’s largest refinery, workers say they risk toxic-gas exposure as they wait for Petróleos de Venezuela SA, the state energy giant, to replace rusted pumps and corroded pipelines, a proce ...

Exxon to Continue Search for Guyana Oil Despite Venezuela’s Disputes

Exxon Mobil Corporation (NYSE:XOM) recently discovered oil off Guyana’s coast but the country is involved in a land dispute with Venezuela, which can potentially disrupt the oil major’s exploration activities.

UK Gets Involved in Spat Between Guyana, Venezuela Over Oil

British High Commissioner to Guyana, James Gregory Quinn has dismissed Venezuela’s most recent claim on Guyana’s oil rich Essequibo Coast, stating that it lacks solid grounds. Venezuela’s President Nicholas Maduro on ...

Venezuela Demands Guyana Stop Oil Exploration in Disputed Territory

Venezuela's President Nicolas Maduro demanded on Tuesday that neighbouring Guyana stop oil exploration in a disputed offshore territory.

Exxon Mobil Makes ‘Significant’ Oil Discovery Off Guyana Coast

Exxon Mobil Corp. confirmed Wednesday that it has made what it calls a "significant" oil discovery off Guyana in waters also claimed by Venezuelaas part of a long-running border dispute between the South American cou ...

Venezuela Pushes for New Deal with OPEC, Non-OPEC Nations

Venezuela is pushing for a new agreement between OPEC and non-OPEC nations to stabilize oil prices, President Nicolas Maduro said on Friday, in the most serious indication yet of a renewed drive to boost prices back ...

Venezuela Teaming Up with Foreign Partners to Target US Market, Oil Prices

Algeria's Sonatrach and Venezuela's PDVSA would target the US as a market for the two countries' potential new blend of crude oil, a source at the state-owned Algeria company said Monday

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