Venezuela has awarded rights to develop the Carabobo blocks in Orinoco heavy oil belt to two consortiums led by Spanish oil company Repsol and US Chevron Corp where they will invest with its Venezuelan partner PDVSA around of 30 billion dollars in a period of 6 years to have the capacity to put in the…
Read more
Chevron and Repsol to invest $30 billion to develop latin america’s Orinoco belt
