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Venezuela was one of the world's largest producers of oil, and the country with the largest proven oil reserves in the world.
Venezuela is a member of
Page: Country specific indicator numbers from page 48
Venezuela was one of the world's largest producers of oil, and the country with the largest proven oil reserves in the world.
Venezuela is a member of OPEC
The Organization of the Petroleum Exporting Countries (OPEC, ) is a cartel of countries. Founded on 14 September 1960 in Baghdad by the first five members (Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela), it has, since 1965, been headquart ...
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Electricity in Venezuela is predominantly produced from hydroelectricity.
Overview
Oil
Venezuela ranked 11th in the world for oil production in 2016; production has since fallen steeply. The largest oil company is Petróleos de Venezuela (PDVSA). Oil fields in the country include Bolivar Coastal Field,Boscán Field
The Boscán Oil Field is located 40 km southwest of Maracaibo, Venezuela, and covers an area of about 660 square kilometers (240 square miles). The field produces a 10.5 degree API gravity crude oil from the Eocene Misoa Formation locally call ...
, Maracaibo Basin and Orinoco Belt
The Orinoco Belt is a territory in the southern strip of the eastern Orinoco River Basin in Venezuela which overlies the world's largest deposits of petroleum. Its local Spanish name is ''Faja Petrolífera del Orinoco'' (Orinoco Petroleum Belt).
T ...
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Electricity
Hydroelectricity
Hydro power provided 74% of domestic electricity in 2008. Venezuela produced 87 TWh hydro power in 2008, 2.6% of the world total. Venezuela was top 8th in hydro electricity in 2008.IEA Key energy statistics 2010Page: Country specific indicator numbers from page 48
See also
*List of renewable energy topics by country
This is a list of renewable energy topics by country and territory. These links can be used to compare developments in renewable energy in different countries and territories and to help and encourage new writers to participate in writing about ...
* Nuclear energy in Venezuela
The nuclear energy programs of Venezuela started during the 1950s but currently there are no active nuclear power facilities. Most of Venezuela's nuclear science activities are carried out at Venezuelan Institute for Scientific Research (IVIC).
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References
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