Venezuela's PDVSA to produce, refine and export crude previously handled by Chevron, document says [Yahoo! Finance]

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Source: Yahoo! Finance
at the largest joint venture with Chevron in the country once a license to the U.S. major expires next month, according to a company document seen by Reuters on Monday. The Venezuelan firm plans to produce between 105,000 and 138,000 barrels per day (bpd) of Hamaca heavy crude, with a portion of the output sent to domestic refineries and another exported to other markets than the U.S., the document says. (Reporting by Reuters) View Comments
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