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Europe Daily Bulletin No. 10853

28 May 2013
Contents Publication in full By article 32 / 33
BUSINESS NEWS NO 63 / (ae) oil

Venezuela's oil potential remains unexploited -Venezuela is OPEC's fourth largest oil producer, exporting 1.7 million barrels per day. With proven reserves of 296 billion barrels, Venezuela possesses huge oil potential - which places it in the lead globally, ahead of Saudi Arabia, according to the International Energy Agency. The reserves could even rise from 900 billion to 1,400 billion, taking account of “probable” reserves that lie below the Orinoco subsoil and which Venezuela does...

Contents

A LOOK BEHIND THE NEWS
EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
SOCIAL - EDUCATION
BUSINESS NEWS NO 63
WEEKLY SUPPLEMENT