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Ahead of this week's dramatic $11 billion bond sale that swelled its coffers, Brazil's state-controlled Petrobras predicts it will double in size in seven years.
Venezuelan President-elect Nicolas Maduro blamed opposition leader Henrique Capriles for deadly street clashes and accused him of trying to stir up a coup.
A minor incident at an oil refinery in Louisiana is believed to be the source of a strong odor noted near New Orleans, the U.S. Coast Guard said.
Russian oil company Rosneft will work with local oil companies to get oil and associated gas out of the offshore Orinoco belt, the Venezuelan government said.
A joint venture between state-owned PDVSA and Italian energy company Eni announced the start of production at the offshore Junin 5 oil field in Venezuela.
Russia's state-owned oil company Rosneft said it aims to invest around $10 billion to support its work in the Venezuelan energy sector.
Russian energy company TNK-BP said oil production from its joint venture in Venezuela increased 18 percent during the first nine months of the year.
The Venezuelan government said a fire broke out at units at the El Palito refinery after lightning struck a seal on a naphtha tank.
The Venezuelan oil minister said normal operations at its Amuay oil refinery should return in a matter of days following a deadly Aug. 25 explosion.
An environmental group said Venezuela's state-owned oil company PDVSA delayed a response to an oil spill reported at a refinery in Curacao.
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United Press International
United Press International
United Press International
United Press International
United Press International
