Tag: gas

Russia Invests $14 Billion In Venezuela’s Orinoco Oil Fields & Gas Production

Russian company Rosneft plans to invest $500 million in the development of oil fields in the Orinoco oil belt in Venezuela. The agreement on additional investment was signed on Friday night, Feb. 19, 2016 in the presence of the President of the Bolivarian Republic Nicolas Maduro, Venezolana de Television TV channel said. “According to the law…

Deputy Prime Minister Shaharistani ~ Iraq’s Joe Biden: Iraq To Generate $6 Trillion In Energy Revenue With 250,000 New Jobs.

Iraq will invest around $ 500 billion in energy and linked industries with the help of the private sector by 2030, generating around $ 6 trillion in revenues, the Deputy Prime Minister for Energy said yesterday. Hussain Al Shahristani said the growth generated would create around 250,000 jobs for the war-torn country, which is trying…

Brazil’s U.S. $133 Billion, Ten-Year Push in Search of Oil and Gas : Obama Sending Billions In U.S. Taxpayer Dollars For Brazil To Drill New Offshore Oil Wells.

Energy corporations will invest US $133 billion in the next ten years looking for oil and gas in Brazil according to a release from the country’s Ministry of Mines and Energy. The plan, according to official sources, seeks to balance economic growth prospects with energy supply and expanded demand.