OTC Asia 2026

Venezuela’s PDVSA Says Ends ‘Major’ Maintenance on Puerto La Cruz Refinery

Venezuelan state oil company PDVSA said on Wednesday it completed a “major” 42-day maintenance on a distillation unit at its Puerto La Cruz oil refinery.

 

Puerto La Cruz is a 187,000 barrel-per-day refinery located on the Caribbean coast. The unit in question processed 70,000 barrels per day, PDVSA added in a statement on its web site. 

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Regional Offshore Exploration Trends in Asia Pacific

The dynamic maritime landscape of the Asia Pacific region is experiencing a revitalization driven by shifting offshore exploration trends and a focus on energy security. By opening new licensing rounds and targeting frontier basins, regional powers are seeking to secure domestic energy supplies while adapting to the evolving global energy transition.

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