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Eni Plans Major Increase in Venezuela Oil Production to Over 1 Million Barrels a Day

Macro·1 article across 1 outlet

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

Italian energy producer Eni SpA aims to eventually boost production from its Venezuelan operations to more than 1 million barrels a day, a figure that includes volumes from state-owned Petróleos de Venezuela SA, according to people familiar with the matter.

This potential increase could significantly impact the global oil market, particularly in relation to U.S. energy policies.

EniPetróleos de Venezuela

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