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Repsol, Venezuela Agree Terms for Production Increase

Summary by Rigzone
Under the new agreement with the government and state-owned PdVSA, Repsol would grow its Venezuelan gross production by 50 percent within 12 months and tri...
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April 20, 2026.-Repsol SA announced on Thursday the signing of an agreement with Venezuela for the renewal of its alliance, by which the Spanish company will increase its oil production in the South American country, reported Rigzone.com According to the new agreement with the government and the state Petró...

Repsol seeks to recover a debt of USD 4.550 million but the CEO told Trump that in 12 months he would see production increase by 50% The article A Spanish oil giant returns with everything to Venezuela and goes for more was originally published in Las2orillas.co: Stories, Voices and News from Colombia. Copyrights Las2orillas.co

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Rigzone broke the news on Sunday, April 19, 2026.
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