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ConocoPhillips Aims to Collect $115 Million Jamaica Owes Venezuela

2021-08-05 15:30:00| OGI

U.S. oil company ConocoPhillips is aiming to collect some $115 million that Jamaica's government owes Venezuela to partly enforce a $2 billion arbitral award, Jamaican court records showed on Aug. 4.

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Equinor, Total Exit Venezuela Onshore Oil Project

2021-07-29 11:15:00| OGI

Prior to the sale, TotalEnergies held a 30.33% stake in Venezuelas onshore Petrocedeno project while Equinor owned 9.67%. A unit of state oil firm PDVSA held the remaining 60%.

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US Renews Chevron License for Activities in Venezuela

2021-06-01 19:06:23| OGI

The latest waiver was due to expire on June 3.

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Venezuela Oil Exports Sink to Levels Not Seen Since 1940s

2021-01-04 20:25:00| OGI

Pressured by strict U.S. sanctions, Venezuela's oil exports plunged by 376,500 bbl/d in 2020, according to Refinitiv Eikon data and internal documents from state-run PDVSA.

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Halliburton Cuts Venezuela Staff after US Sanctions Halt Operations

2020-12-31 11:10:00| OGI

On Dec. 30, a spokeswoman said Halliburton would retain a presence in Venezuela despite the layoffs.

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