Fire at Cardón Exposes the Vulnerabilities of the Venezuelan Oil Industry
Cardón is the country’s second-largest refinery by installed capacity. Photo: Ministry of Hydrocarbons. Guacamaya, October 7, 2026. On October 6…
Understand how the Venezuelan economy moves.
Cardón is the country’s second-largest refinery by installed capacity. Photo: Ministry of Hydrocarbons. Guacamaya, October 7, 2026. On October 6…
The two Persian Gulf monarchies would expand their influence in Caracas through this new financial arrangement with the IDB. Photo:…
President Delcy Rodríguez led the opening of Friday’s meeting with the IDB Group, held as part of the National Economic Council.
Among the most prominent meetings are the Venezuela International Oil and Gas Summit (VIOGS) held in Caracas, the second edition of the Energy, Oil and Gas Conference (CEPEG 2026) in Maracaibo, and the Expo Venezuela Energética Oriente 2026 in Lechería.
Discussion of Venezuela’s international finances usually focuses on the country as a debtor.
Aldyl Energía mobilized an H-108 drilling rig to the Uverito field, continuing with its oil well reactivation campaign.
The Argentine-capital company Aldyl Energía announced the beginning of its well recovery program through artificial gas lift in the Morichal Pesado field.
The overall picture suggests an industrial reconfiguration aimed at recovering national production capacity and stabilizing the country’s economy. Image: Halliburton…
Continental Resources, the oil company that Harold Hamm founded in 1967 and that today he controls alongside his family, signed a memorandum of understanding this week with PDVSA to develop Block Ayacucho 2 in the Orinoco Belt.
At the G20 summit in Houston, Venezuela did not participate as a member of the club but did hold several bilateral meetings and signed oil and mining agreements with Continental Resources and Heeney Capital.