Florida tycoon is behind oil-for-migrants deal U.S. reached with Venezuelan strongman
Politically connected Florida magnate Harry Sargeant III has made a fortune off oil and asphalt deals worldwide.
Exclusive: Venezuela's PDVSA resumes light crude imports as output dwindles
Venezuela's state oil company PDVSA has resumed regular imports of light crude as its own output of medium and light grades ...
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Chevron's Future in Venezuela: Tough Choices Amid U.S. Policy
Chevron Corporation CVX is currently in conversation with the Trump administration, which is reconsidering its license to operate in Venezuela. With this new policy, Chevron is in a challenging ...
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CNOOC Says World's Biggest Buried Metamorphic Hill Oilfield Now Producing
Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.
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World’s largest metamorphic rock oilfield in China’s Bohai Sea commences production
The world’s largest metamorphic rock oilfield has commenced production. The billion-tonne Phase I project of Bohai 26-6 started production on February 7, according to its developer, China National ...