American Oil Majors Trying to Get Into Venezuela Have Hit a Wall
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5 Articles
EL NACIONAL
El CarabobeñoThe Italian oil company ratifies to investors its plans to make Venezuela one of its main bastions of oil and natural gas production. The post ENI ratifies plans to produce more oil and gas in Venezuela with new law appeared first on EL NATIONALA.
Editorial (ALN).- The Italian energy company Eni projects a dizzying increase in the production of the Junín 5 block, located in the Orinoco Oil Strip. After the resumption of investments, the company plans to raise the current extraction from 12,000 to 200,000 barrels of oil per day. As explained by the CEO of the firm, Claudio Descalzi, [...] The Eni entry foresees a rapid upturn in the oil production in Venezuela was first published in ALnaví…
The Italian oil company Eni reaffirmed this Wednesday its interest to expand its operations in Venezuela and assured that it expects to develop quickly the Junín 5 oil block, one of the main projects of the Orinoco Oil Strip, once the new investments are realized. During a telephone conference with analysts to present the [...] The Eni entry bets for Venezuela and previews to accelerate the development of the Junín 5 block was first published in…
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