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Rafael Ramírez


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Venezuela signs gas project with 8 transnational companies/ Venezuela firma acuerdos gas con firmas extranjeras

The Venezuelan government signed agreements Friday with eight transnational companies on the exploitation of the country's rich natural gas resources. Venezuelan President Hugo Chavez, along with president of Petroleos de Venezuela (PDVSA) Rafael Ramirez, attended the signing ceremony at the Miraflores Palace, seat of the national government ( full information )/ Venezuela firmó el viernes acuerdos...

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Venezuela to push OPEC to cut output as prices fall

Venezuela will propose an oil production cut at the next OPEC meeting in September if prices continue to fall, Energy Minister Rafael Ramirez said yesterday. Crude prices have fallen more than $30 (U.S.) since their peak near $150 per barrel earlier this year, closing yesterday at $114.53 on worries that a slowdown in the U.S. economy could reduce global energy demand. ''If there is a continued decline...

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Venezuela seizes Mexican owned cement plants

"Now the cement we produce will not make millionaires of some far-away men, it will be used for our houses, our infrastructure, our national development plan," said Energy Minister Rafael Ramirez, charged with overseeing the takeover, before dancing workers clad in red shirts. Link

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Venezuela backs production cut if oil prices keep falling: minister

Venezuela will propose production cuts at the next OPEC meeting in September if oil prices continue to fall, Energy and Petroleum Minister Rafael Ramirez said Tuesday. “If……Read more

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OPEC should consider oil cut if needed: Venezuela

OPEC should consider an output cut at its upcoming meeting, if it were warranted by market circumstances, Venezuela Energy Minister Rafael Ramirez said on Friday.

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Venezuela rejects raising OPEC output

Oil Minister Rafael Ramirez is rejecting an increase in OPEC production quotas.

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Venezuela rejects raising OPEC output

Oil Minister Rafael Ramirez is rejecting an increase in OPEC production quotas. Ramirez says it would be a "mistake to inundate the market with oil" in order to increase supply and lower prices.

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Venezuela rejects raising OPEC output

Oil Minister Rafael Ramirez is rejecting an increase in OPEC production quotas. Ramirez says it would be a "mistake to inundate the market with oil" in order to increase supply and lower prices. He told reporters on Tuesday that a recent drop in oil prices...

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Venezuela rejects raising OPEC output

Oil Minister Rafael Ramirez is rejecting an increase in OPEC production quotas.

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PDVSA increases LNG project scope to three trains/PDVSA aumenta alcance del proyecto del GASIFERO a tres plantas

Venezuela's state oil company PDVSA plans to build three liquefied natural gas (LNG) trains, company president and oil and energy minister Rafael Ramírez said at the Latin American Petroleum Show in Maracaibo( full information) /La compañía petrolera estatal PDVSA informó sobre los planes de construir tres plantas del gas natural licuado (GNL), según dijo el ministro de energía y presidente de la compañía...

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U.S. admiral’s visit heightens expectations of major Dominican drug bust

SANTO DOMINGO. – Today’s visit by a United States high level military delegation to the National Drugs Control Agency (DNCD) adds to expectations of an imminent announcement of a major bust its director Rafael Ramirez hinted to last week.

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Venezuela Increases Proven Oil Reserves By 30%

Venezuela’s Minister of Energy and Petroleum, Rafael Ramirez, announced yesterday that the country's proven oil reserves have been increased to 130 billion barrels, a 30% increase over previous official figures. Ramirez made the announcement at the start of the first meeting of the South American Energy Council, which is a subgroup of the Union of [...]

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Venezuela to seek end to asset freeze in Dutch court

Petroleos de Venezuela SA will tell the court that Exxon is abusing the bilateral investment protection treaty between the Netherlands and Venezuela, the South American country's energy and oil minister, Rafael Ramirez, said today in Rome.

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Venezuela Approves $9 Billion Oil Windfall Profit Law

Source: [b]Reuters[/b] Apr 15, 2008 17:38 EST CARACAS (Reuters) - Venezuela's parliament passed a law obliging oil companies to give windfall earnings to the leftist government when world prices are above $70 a barrel, a legislator said Tuesday. Oil Minister Rafael Ramirez said the new law wo...

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India, Venezuela venture to tap San Cristobal field

Venezuela and India teamed up yesterday for exploration and production of oil and natural gas in eastern Venezuela. State-owned Petroleos de Venezuela SA, or PDVSA, will hold a 60-per-cent stake in the joint venture, Venezuelan Oil Minister Rafael Ramirez said. The rest will be controlled by Oil and Natural Gas Corp., or ONGC, India's top petroleum exploration company. Mr. Ramirez said ONGC will invest...