Daily Archives: 18/03/2009

Cerro Negro has shut down

PetroMonagas (formerly Cerro Negro), the Orinoco extra-heavy crude upgrader that was majority-owned by ExxonMobil until 1 May, 2007, has been completely shut down since early January 2009.

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Utter bollocks

That’s the response received from oil industry contacts in China who were asked to confirm the accuracy of President Hugo Chavez’s televised announcement that construction of the first China/Venezuela refinery joint venture has started in that country. The truth: “CNPC … Continue reading

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