Rosneft has agreed to to invest a further $500m in the Orinoco River Basin JV it operates with…
Venezuela
Business news and investment opportunities in Venezuela
STATS
Source: World Bank

GDP: 482.4 billion USD (2014)
GDP per capita: 16,054.49 USD (2014)
GDP growth rate: -19.6% annual change (2018)
GNI per capita: 12,010 PPP dollars (2017)
Gross national income: 352.8 billion PPP dollars (2017)
Internet users: 60% of the population (2016)
Rosneft to invest £14bn in Venezuelan oil and gas sector
Rosneft has agreed to invest $14bn in the Venezuelan oil and gas sector, the country’s President Nicolas…
Rosneft looking to increase stake in Venezuelan JV
Rosneft is looking to increase its share in its joint venture with Venezuela’s state-run PDVSA Petromonagas to…
Orinoco Belt fields in Venezuela to be developed with Russian help
Orinoco Belt: Russian investment and participation in the development of Venezuela’s onshore Orinoco Belt oil reserves…
Russia and Venezuela to discuss oil prices as 5% fall in GDP looms
Russia and Venezuela will discuss energy prices and the current situation on the crude oil markets…