Venezuela has initiated significant reductions in its oil production, shutting down wells that extract extra-heavy crude from the Orinoco Belt. This move is a direct response...
The auction for PDV Holding, the parent company of Citgo, has become increasingly competitive as bidders adjust their offers in response to new developments. A company...
China Concord Resources Corp (CCRC), a private Chinese firm, is set to significantly increase oil production in Venezuela with a planned investment of $1 billion. The...
