Trade & Investment – The Muslim

Wednesday, July 9, 2025

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Oil extraction in the Orinoco Belt, southeastern Venezuela. The crude extracted from this rich basin is very heavy and requires blending with diluent oil for refining—a process previously handled by U.S. company Chevron, which must now cease operations in the country. Credit: PDVSA

April 25, 2025 adminsr

Venezuela’s Oil trapped in Hurricane Trump’s Onslaught

Oil extraction in the Orinoco Belt, southeastern Venezuela. The crude extracted from this rich basin is very heavy and requires