Repsol confident in increasing oil production in Venezuela by 50% in 2026
Repsol is confident in increasing its gross oil production in Venezuela by more than 50% in the next twelve months, as well as tripling it in the next three years, according to the oil company's CEO, Josu Jon Imaz. Imaz explained, after presenting the 2025 results, that the company is preparing to 're-establish and resume' daily operations in the country.