The oil major boosted production at another project, the Petroboscan, by 40% in the past year to 101,000 barrels a day in January, according to a person with knowledge of the situation and PDVSA data ...

The state-owned producer reached agreements on terms of a 2 billion credit from Chevron for the Petroboscan venture and a 4 billion loan from China Development Bank for Sinovensa, said the ...