Pdvsa increases oil shipments to China by 18% in 2013

Caracas (Platts)--16May2013/1150 am EDT/1550 GMT Venezuela and China have agreed on the terms of a previously announced $4 billion financing deal to increase the output of their Sinovensa joint venture in Venezuela's Orinoco oil belt, the South ...

ORINOCO GOLD Ltd announced that it has received firm commitments for a placement of 14.5 million shares at 25 cents each to raise approximately $3.6 million before costs (Placement) to underpin ongoing exploration programs at Faina Goldfields ...

Orinoco Gold www.orinocogold.com Orinoco Gold (ASX: OGX), (formerly Strickland Resources) is focused on the Curral de Pedra project in Brazil where historic underground sampling return grades of up to 2,500g/t gold. Orinoco Gold (ASX:OGX) confirms ...

* Trading halt * Seeks trading halt pending announcement in relation to exploration results from the cascavel prospect ((For more news, please click

The parliament of Venezuela approved the economic terms of the development of the Carabobo 2 field in the Orinoco Basin earlier this month, Rosneft CEO Igor Sechin said during a presentation for investors today. Rosneft holds a 40% stake in a joint ...

Carabobo 2 oil reserves are estimated at 40 billion barrels (File photo) As published in Official Gazette 40,149, published on Thursday, Russian oil company Rosneft would participate in blocks Carabobo 2 north and Carabobo 4 west in the Orinoco Oil ...

State-run company Ferrominera Orinoco (FMO) achieved production goals in 2012 by 86% in iron, 95% in pellets, and 90%briquettes. FMO produced 17.2 million tons of iron, 870,000 tons of pellets, and 693,000 tons of briquettes to supply the national ...

Venezuela's state oil company PDVSA plans to increase daily production in the Orinoco heavy crude belt 231% to 4Mb/d in 2019, company president and energy and mining minister Rafael Ramírez

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