PDVSA owes some US$3.5 billion to the U.S. in the next five or six weeks. according to Platts.
Read More »OPEC`s Barkindo Lauds OPEC Non-OPEC Compliance with Oil Output Cut Deal
The global oil cartel was looking forward to strengthening its cooperation with Russia.
Read More »3 Foreign Oilfield Proposals Under Review
According to Zanganeh. Tehran aims to sign 10 new oil deals by the end of the current fiscal year (March 20. 2018).
Read More »Next Week Could Be a Turning Point for The OPEC Output Deal
Bilateral meetings will also be held on the sidelines of the event.
Read More »Offshore Investment Returning to Brazil. Mexico and Guinea
Latin America'.s active drilling rig count stood at 190 in May. further proof of the upward trend in E&.P investment.
Read More »Libya’s Sharara Oil Field Closed Again. 230.000 Bpd Output Offline
At the beginning of last month. Sharara had resumed production following a two-week halt.
Read More »ISIS Sets Fire to Oil Wells Near Iraq’s Kirkuk
The Allas oil field just south of Hawija has been one of the main sources of revenue for Islamic State militants.
Read More »Iran Prevents Exports of 13.000 Tons of Fuel to Iraqi Kurdistan Region
The organization has communicated the order to all the related companies since Wednesday. September 27.
Read More »Russia. China to Benefit from U.S. Sanctions On Venezuela
Chinese companies have moved into Venezuelan upstream activities as well. However. here the primary play has been to control oil export revenues.
Read More »Azar. Azadegan Joint Oilfield Have Stabilized Production
Azar oilfield in Ilam Province has pumped over 4.5 million barrels of crude oil since it went into operation.
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