Compared to many of the world’s river systems, the Orinoco is relatively intact. But this may not last for long as the river and its surrounding areas are threatened by pollution and mining activities ...
The accord provides for joint exploitation of Block Six of the Mariscal Ayachucho zone of the Orinoco Belt, a region rich in heavy and extra-heavy crude oil plus tar sands.
“We can’t do it alone.” He said the US Geologic Survey found the Orinoco Belt has more than 500 billion barrels of recoverable crude. Repsol, Petroliam Nasional Bhd., Indian Oil Corp. and ...
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Chevron (CVX) Resumes Drilling Operations in VenezuelaThe drilling activities, initiated in mid-February, aim to exploit the heavy crude area of the Orinoco Belt, which is CVX's primary avenue for increasing production in Venezuela. Situated in the ...
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