By Yunus Soner Venezuela has completed its presidential elections, with current President Nicolas Maduro being reelected as president. Maduro has started to gather his new cabinet. In recent years, the country has achieved financial stability with stopping hyperinflation and stabilizing the currency exchange rate. The oil industry continues to be the centerpiece of the economy, with a limited sanctions relief ...
By Douglas Bolivar, Caracas / Venezuela “Our current production is oscillating between 800,000 and 900,000 barrels per day. In December 2021 we reached a production peak of one million 40 thousand barrels”, confirms Deputy Willian Rodríguez, President of the Hydrocarbons Sub-Commission of the National Assembly of Venezuela. Rodríguez assigns to the workforce of the industry decisive achievements in this goal, ...