News

The Cardón refinery, Venezuela's second-largest with a capacity of 310,000 barrels per day, shut down after a power outage ...
The Orinoco Belt is a 21,357 square mile territory in Venezuela’s Orinoco River Basin, and the site of the Orinoco Joint Ventures project.
(Bloomberg) -- The men step out of the van and act fast. As one stands guard, the others approach an oil pump and remove filler plugs. They drain the viscous liquid into buckets that they stack in ...
PDVSA Pres. Rafael Ramirez said the Orinoco belt is producing more than 532,000 b/d of 16-32° gravity oil (OGJ Online, Jan. 6, 2010).
Venezuela and China agreed on 19 April to form a joint venture to explore the extra-heavy crude in the Junin 4 block of the Orinoco Belt - a project that could require as much as US$16.3 million ...
The deals are part of President Nicolás Maduro’s plan to replace Western oil companies after US sanctions ended their licences.
Venezuela is postponing bidding among foreign oil companies for contracts to exploit seven areas within its heavy-oil-producing Orinoco belt. IE 11 is not supported. For an optimal experience ...
Map of Orinoco oil belt by USGS, October 2009. In this article, I attempt to tackle the question of how much oil Venezuela could produce in the short term. That is, if restrictions by the US ...
Orinoco Belt polymer flooding evaluations in multi-Darcy sand packs were reported in 2013 using representative lithology, reservoir brine with 7,169 total dissolved solids (TDS), injection water ...
Venezuela's state-run PDVSA reported no damage to its refineries or oil operations at the country's main producing region, the Orinoco Belt, from a 7.3-magnitude quake that shook the nation's ...