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Index/Topics/Orinoco Belt Oil Production

Orinoco Belt Oil Production

Oil production in the Orinoco belt

Fact-Checks

4 results
Jan 12, 2026
Most Viewed

Prior to Maduro’s regime in Venezuela, were US Oil Companies invested heavily there? Which ones

Yes — long before Nicolás Maduro’s rule, U.S. oil companies were heavily invested in Venezuela: American majors dominated early 20th‑century development, suffered large‑scale expropriations at nationa...

Jan 6, 2026

How have Venezuela’s reserve reporting methods changed since 2000 and what audits exist?

Venezuela’s stated hydrocarbon and mineral “reserves” have been presented very differently since 2000: an early-2000s expansion and reclassification of heavy and extra‑heavy oil into “proven” categori...

Jan 6, 2026

Which global refineries and countries currently have the capability to process Orinoco‑grade extra‑heavy crude?

A narrow group of refineries and countries worldwide currently have the technical configuration to handle Orinoco‑grade extra‑heavy crude — largely high‑conversion cokers and cokers with diluent/blend...

Jan 6, 2026

What would be the estimated capital investment and timeline required to restore Venezuela’s oil output to pre‑2000 levels?

Restoring Venezuela’s oil output to pre‑2000 levels — roughly 3.2–3.5 million barrels per day — would require a major infusion of capital, skilled labor and time; analysts cited in recent reporting es...

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