“We can’t do it alone.” He said the US Geologic Survey found the Orinoco Belt has more than 500 billion barrels of recoverable crude. Repsol, Petroliam Nasional Bhd., Indian Oil Corp. and ...

A bounce in crude production, mainly due to the stabilization of processing operations at Venezuela's largest oil region, the ...

Scientists working for the US Geological Survey say Venezuela's Orinoco belt region holds twice as much as previously thought.

Venezuela continues to claim the most reserves with 304 billion barrels, but this is primarily extra heavy crude in the Orinoco Belt. In order to qualify as proved reserves, oil needs to be ...

On land and sea, from Suriname to Venezuela’s Orinoco Belt. This category of fossil fuels needs large, long-term investments, the kind that need security and stability the most. Oil giants from ...

Amazonian forest cleared in Ecuador, a mountain levelled in Peru, the Cerrado savannah converted to soy fields in Brazil and oil fields under development in Venezuela's Orinoco belt. Amazonian ...

Venezuela is set to hand oil fields and facilities once operated by ConocoPhilips to a small firm as it scrambles to close deals before U.S. sanctions go back in place on Thursday, preventing new ...

Sure, they can keep a pair of too-large pants from sagging. But the right belt can also inject a dose of personality or whimsy into your outfit on days when you reach for your favorite white T ...

A bounce in crude production, mainly due to the stabilization of processing operations at Venezuela's largest oil region, the Orinoco Belt, has allowed the recovery of heavy crude inventories ...