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29.08.2014 Venezuela's PDVSA Considers Importing Algerian crude

Venezuela's state-run oil company PDVSA is considering importing Algerian Saharan Blend crude to be used as a diluent for its own extraheavy oil, according to a company document seen by Reuters on Wednesday, and the move could mark the first ever crude import by the OPEC

30.07.2014 Venezuelan, Russian oil firms ink new deals

Venezuela's state oil firm PDVSA and its Russian counterpart, Rosneft, have agreed to promote output in eastern Venezuela, reported the Venezuelan News Agency.

30.07.2014 Rosneft and PDVSA signed an agreement to arrange the training of Venezuelan citizens in Rosneft partner universities

Rosneft President Igor Sechin and People’s Minister for Energy & Petroleum, PDVSA President Rafael Ramirez signed an agreement to arrange the training of citizens of the Bolivarian Republic of Venezuela in Rosneft partner universities.

22.07.2014 China's President Xi Jinping signs Venezuela oil deal

Chinese President Xi Jinping has signed a series of oil and mineral deals with Venezuela.

They include a $4bn (£2.34bn) credit line in return for Venezuelan crude and other products.

15.07.2014 Russia's Rosneft agrees to buy Weatherford's Russian, Venezuelan assets

Russia's Rosneft, the world's biggest listed oil company by output, has agreed to buy drilling and well-servicing assets of oil and gas service company Weatherford International in Russia and Venezuela, the company said on Sunday.

27.05.2014 Russia’s Rosneft signs 12 deals with foreign firms at forum

Russian oil major Rosneft signed 12 agreements with its foreign partners at the St. Petersburg International Economic Forum, Prime reported on May 26. Rosneft signed an oil and oil product supply deal with Venezuela’s PDVSA; a U.S. $1.3 billion oil product supply deal with Mongolia’s NIC, and an oil supply agreement with Petrovietnam.

28.04.2014 China wants more Latin American oil

China might be slowing economically but it still wants to buy more oil from Latin America and invest in infrastructure in the region, with a presidential visit planned for July, Chinese and Brazilians officials said on April 25, Reuters reported on April 26.

06.03.2014 Petrolera BeloVenezolana produces 5.5m tonnes of oil in Venezuela

In over 6.5 years of its operation the Belarusian-Venezuelan joint venture Petrolera BeloVenezolana extracted about 5.5 million tonnes of oil, over 750 million m3 of gas and carried out over 150 operations to repair oil wells, head of the President’s Property Management

05.03.2014 Eni’s, Repsol’s Venezuela gas project to start this year

Italy's Eni and Spain's Repsol will start early production of their offshore natural gas project in the Gulf of Venezuela with state-run Venezuelan oil group PDVSA at the end of this year, Eni's CEO said on March 4, Reuters has said.

18.02.2014 Uruguay, Venezuela to renew oil contracts

The Uruguayan government announced it will renew its contract to buy Venezuelan crude and oil by-products during Venezuelan President Nicolás Maduro's visit to Uruguay in March, Business News Americas reported on February 17.