Venezuela

Rosneft President Igor Sechin held talks with the Minister of Popular Power for Oil and Mining and President of Petróleos de Venezuela, SA (PDVSA ), Rafael Ramirez Carreno. The parties discussed a wide range of issues regarding current cooperation between the companies, Rosneft activities in Venezuela and the outlook of …

On May 23, an agreement to create a joint venture to develop heavy oil reserves in Venezuela in the framework of the Carabobo-2 project was signed in Barcelona, Venezuela, by Rosneft and the Venezuelan Corporacion Venezolana del Petroleo (CVP), a subsidiary of PDVSA. The agreement was signed by Rosneft President …

On May 22, the Russian delegation headed by Rosneft’s President Igor Sechin started its work in Venezuela. As part of the visit, Rosneft President and Chairman of the Management Board Igor Sechin will hold talks with Venezuelan President Nicolás Maduro and Minister of Energy & Petroleum Rafael Ramírez. The parties …

On January 29-30, Igor Sechin, President and Chairman of the Management Board at Rosneft, led a Russian delegation comprising representatives from INTER RAO UES, RusHydro, Uralmash NGO Holding and Kamaz, as well as Russian bankers and businessmen, on a working visit to Venezuela. The head of Rosneft held talks with …

A Russian delegation led by Rosneft President Igor Sechin began work in Venezuela on 29 January. During the visit Igor Sechin, President and Chairman of the Management Board at Rosneft, will hold talks with Diosdado Cabello, head of Venezuela’s National Assembly, Venezuelan Vice President Nicolás Maduro, Rafael Ramírez, Venezuelan Oil …

TNK-BP announces that PetroMonagas, a joint venture between TNK-BP (16.7%) and Venezuelan state company PDVSA (83.3%), has increased its production of viscous oil by 11% since the start of the year to the target level of 130,000 barrels per day. The Company is consistently growing its production volumes in line …