Venezuela

All Global Commodity Partners coverage tagged Venezuela.

Oilfield operations in a heavy oil production area

Eni Finalizes 25-Year Agreement for Venezuelan Heavy Oilfield

Eni has reportedly secured a 25-year agreement with state-owned PdVSA to restart operations at the Junin-5 heavy oilfield, located within Venezuela's Orinoco Belt.

5 Sept 2026 · GCP Newsroom · 2 min read

Oil refinery with storage tanks and pipelines under a clear sky, representing energy infrastructure.

Oil Trading

Chevron, ONGC, GE Vernova Nearing Venezuela Energy Deals

Several international energy companies, including Chevron, ONGC, and GE Vernova, are reportedly close to finalising energy agreements in Venezuela, potentially introducing new foreign investment into the nation's oilfields and power infrastructure.

1 Sept 2026 · GCP Newsroom · 2 min read