Latin American comprehensive road network would link petroleum fields from the Orinoco Belt, through the Barinas basin into Guafita, entering Colombia through Arauca Bridge for a cluster with Campo Caño Limón, and then follow: both roads and oil pipelines into Casanare and Meta, where are located Quifia Rubiales oil fields. The connection could...
Potential in Venezuelan oil amounts to $100 billion. Junín block 2 within the Orinoco Belt is located in Las Mercedes municipality, Guárico state near Zuata. It is adjacent to the easternmost Boyacá field. Junín 2 contains extra heavy crude API 8 to 10, requiring advanced upgrading. Petrovietnam began operations in 2008 under Petrojunín, focusing...
On June 5th, 2025, Petróleos de Venezuela PDVSA signed at least nine new agreements with foreign service providers: marking a strategic response to United States sanctions. The strategy to partner with smaller, often non-western firms reflects efforts to offset this loss, bypassing traditional legislative approval. Agreements cover operations in...
