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PDVSA

PDVSA to increase heavy crude oil refining capacity The consortium made of Hyundai Engineering & Construction Corporation Ltd (Hyundai) from South Korea and Wison Engineering Corporation Ltd (Wison) from China selected Technip from France to supply two hydrogen reformers for the Venezuela national oil company (NOC) Petroleos de Venezuela SA (PDVSA) Puerto La Cruz Refinery project. […]

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CNPC to join Petroecuador in Ecuador Refinery project The giant China National Petroleum Company (CNPC or PetroChina) is currently in discussion with the national oil companies (NOCs) Petroecuador and Petroleos de Venezuela SA (PDVSA) to take a stake in the Ecuador Refineria del Pacifico project. With a production of 500,000 barrels per day (b/d), Ecuador […]

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Among world top ten privately owned oil producers   Headquartered in Moscow, Russia, TNK-BP was established in 2003 from the merger between BP Russia oil and gas assets and the local consortium Alfa-Access-Renova (AAR). Created on a balanced base, BP and AAR‘s stakeholders agreed to own 50% each of the newly formed TNK-BP entity. Through […]

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PDVSA and Russians to pump $25 billion in Orinoco In September 2012, the national oil company Petroleos De Venezuela SA (PDVSA) and a Russian National Petroleum Consortium LLP (NPC) made of Gazprom, Rosneft, Lukoil, TNK-BP and Surgutneftegas, inaugurated PetroMiranda first oil in the Venezuela Orinoco. PetroMiranda is a joint venture created between PDVSA and Russian […]

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