Venezuela's state oil company PDVSA said on Nov. 7 there had been an oil spill in central Anzoategui state and it was supplying drinking water to affected communities during an operation over a radius of 50 kilometers (31 miles).
PDVSA said in a statement the leak occurred in a 36-inch (91 cm) pipeline in the locality of Santa Clara. PDVSA launched an operation to supply drinking water and protect local ecosystems, it added, giving no further details.
An opposition lawmaker from Anzoategui, Jose Brito, said the leak occurred between Nov. 2 and Nov. 6 and that 25,000 barrels had spilled, causing an "ecological disaster."
Blaming poor maintenance for the spill and saying security forces were blocking access to the area, Brito urged the opposition-led legislature to open an investigation.
Recommended Reading
Keeping it Simple: Antero Stays on Profitable Course in 1Q
2024-04-26 - Bucking trend, Antero Resources posted a slight increase in natural gas production as other companies curtailed production.
NOV Announces $1B Repurchase Program, Ups Dividend
2024-04-26 - NOV expects to increase its quarterly cash dividend on its common stock by 50% to $0.075 per share from $0.05 per share.
Initiative Equity Partners Acquires Equity in Renewable Firm ArtIn Energy
2024-04-26 - Initiative Equity Partners is taking steps to accelerate deployment of renewable energy globally, including in North America.
Repsol to Drop Marcellus Rig in June
2024-04-26 - Spain’s Repsol plans to drop its Marcellus Shale rig in June and reduce capex in the play due to the current U.S. gas price environment, CEO Josu Jon Imaz told analysts during a quarterly webcast.
Ithaca Deal ‘Ticks All the Boxes,’ Eni’s CFO Says
2024-04-26 - Eni’s deal to acquire Ithaca Energy marks a “strategic move to significantly strengthen its presence” on the U.K. Continental Shelf and “ticks all of the boxes” for the Italian energy company.