Latest News for: maracaibo basin

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South America Is Drying Up

WhoWhatWhy 14 Nov 2024
The Maracaibo basin in northern Venezuela, the northern Brazilian Amazon, and the Gran Chaco basin of Bolivia and Brazil are the regions with the largest land use changes and precipitation losses in South America.
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Oil-tainted lake a symptom, and symbol, of Venezuela's collapse

Urdu Point 25 Jul 2024
to fix the pipelines," Vicuna added.</p><p> - Boom to bust -</p><p> More than a century ago, the hydrocarbon-rich Maracaibo Basin was the birthplace of a business that ...
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Oil-tainted lake is a symptom, and symbol, of Venezuela’s collapse

Gulf-Times 21 Jul 2024
... recognised by dozens of countries.A few oil pumps still operate on Lake Maracaibo’s polluted shore, but dozens of machines stand idle.The Puyuyo beach near the Bajo Grande refinery is black with oil.
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A bearish conviction on black gold

The Arabian Post 02 Dec 2023
With US shale oil output now at an astonishing 13.25 MBD, Venezuela set to exponentially expand production in the Maracaibo Basin, Petrobras ramping up drilling in offshore Brazil and the Amazon ...
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Factbox: China's oil trade and investment in Venezuela

Reuters 12 Sep 2023
Companies. China Aerospace Science and Industry Corp LtdFollow ... In 1997, CNPC won contracts to take over extraction at the long-established Intercampo field in Venezuela's Lake Maracaibo and the Caracoles field in the Eastern Venezuela Basin ... ....
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Venezuela’s Oil Industry Is Killing South America's Oldest Lake

Oil Price 09 Aug 2023
Over a century of oil production in Venezuela’s prolific 25,000 square mile Maracaibo Basin,… .
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