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RAFAEL RAMIREZ
OVL mulls raising stake in $20 billion Venezuela oil projectOVL is looking at buying a similar stake that Malaysia's Petronas has decided to give up in the project.- India and Venezuela to intensify energy cooperation"India wants more crude oil from Venezuela. We don't have any problem in that. India is our friend," Venezuelan Petroleum Minister Rafael R...
- OPEC agrees to maintain oil output ceiling: VenezuelaOPEC has agreed to hold its output ceiling at 30 million barrels of oil per day, Venezuelan Energy Minister Rafael Ramirez said on Friday a...
- 'Venezuela has world's largest oil reserves'Venezuela has surpassed Saudi Arabia to become the nation with the largest proven crude oil reserves in the world, at 297 billion barrels, ...
- China will pump $40 bn in Venezuela energyChina will invest more than 40 billion dollars in Venezuela's oil- and gas-rich eastern Orinoco belt by 2016, Energy Minister Rafael Ramire...
- Oil prices 'fair' at $100, says VenezuelaVenezuelan Oil and Energy Minister Rafael Ramirez called on Thursday for higher oil prices, saying the world economy could support a "fair"...
- OPEC may announce further output cut at today’s meetThe Organisation of Petroleum Exporting Countries (OPEC) has signalled its readiness to remove up to two million barrels per day of supply ...
- Venezuela says OPEC likely to cut production againVenezuela says the Organization of Petroleum Exporting Countries will soon need to make another production cut to boost falling oil prices.
- Venezuela teams up with companies on natural gasVenezuela signed accords with private companies from more than a half-dozen countries on Friday, launching a major push into natural gas pr...
- OPEC members call for quota complianceOPEC is to keep its official production target stable, but members currently producing above their quotas should reduce their output.
- Venezuela, Vietnam set up joint oil refining ventureVenezuela and Vietnam have agreed to create two joint oil refining companies, Energy and Oil Minister Rafael Ramirez said.
- Oil price unlikely to fall back below $90: VenezuelaOil prices, which topped a record $117 per barrel last week, are unlikely to fall back below $90, the Venezulan oil minister Rafael Ramirez...
- Venezuela approves law taxing foreign oil companies' windfall profitsVenezuela moved to take a greater cut of windfall oil profits, approving a 50 percent tax on foreign oil companies when crude tops $70 a ba...
- India, Venezuela sign gas and oil agreementIndia and Venezuela teamed up on Tuesday for exploration and production of oil and natural gas in eastern Venezuela.
- Venezuela does not plan on halting oil exports to the USPresident Hugo Chavez sent a soothing message to American motorists, saying that Venezuela is not preparing to cut off oil shipments to the...
- Oil prices steady above $93 a barrel after moderate riseOil prices were steady on Thursday after rising moderately in the previous session, supported by Wall Street's overnight rise and threats t...
- Venezuela wants two US oil firms to leaveThe Venezuelan government wants two US oil giants that refuse to come under state control to leave and is not offering compensation, Energy...
- Opec head calls members on price dropOpec president Mohammed al-Hamli is holding “intensive” phone consultations with member states on further action by the exporting group to ...
- Opec to consider further output cuts in DecThe member countries of Organisation of the Petroleum Exporting Countries (Opec) will discuss reducing oil production by another 500,000 ba...
- Venezuela-India trade to reach $1 bn this yearTrade between Venezuela and India will reach $1 billion this year boosted by Venezuelan crude exports to one of Asia's fastest-growing econ...
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