The Orinoco Belt area hasn’t recovered fully ... such Caracas’s subway and water pumping systems. In the fields, oil wells and pumps are expected to be connected under a government-ordered ...

TASS/. Venezuela and Russia have reached an agreement to step up investment and participation of Russian companies in development of Orinoco Belt oil reserves and other projects, Venezuelan ...

China’s hydrocarbons company Sinopec and Venezuela’s PDVSA (Petroleos de Venezuela SA) agreed investments to develop the Junin 1 oil field in the Orinoco oil strip, which will demand 14 ...