Rosneft increases stake in Orinoco River Basin JV and offshore projects

 Rosneft has agreed to to invest a further $500m in the  Orinoco River Basin JV it operates with…

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…