Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Oil has rebounded this year as OPEC’s production cuts have taken effect.
Read More »Oil Holds Gains on Signs of Shale Slowdown as OPEC Output Falls
European Buyers Stop Buying Venezuelan Crude
In Europe. PDVSA trades with Spain’s energy major Repsol. commodity traders Trafigura and Vitol.
Read More »Dubai Home to First Solar-Powered Hydrogen Facility in Mena
The move is the latest involving Siemens in the GCC.
Read More »Trump Uses Oil Sanctions to Force Maduro to Step Aside
Russian energy giant Rosneft has loaned more than $6bn to PDVSA.
Read More »Rosneft will Invest in Iraq’s Kurdistan amid Crisis
The total recoverable oil reserves at five blocks may amount to 670 million barrels.
Read More »BP Bows to be Consistent with the Paris Climate Agreement
The additional reporting specified in the resolution will build on BP’s history of progressive action in this area.
Read More »Saudi Aramco. Total Sign MoU to Build Polyisobutylene Facility
This specialty chemical project will be part of the large-scale petrochemical complex of Amiral. located in the value park.
Read More »US Gives Non-US Firms Three Months to Close PDVSA Deals
PDVSA uses naphtha from the US to thin its heavy crude so it can be shipped.
Read More »ExxonMobil among the Top Oil Explorers of 2018
In 2018. the US supermajor ExxonMobil drilled 2.7 net wildcat wells in Guyana.
Read More »New Record of Deepwater Oil Production
The industry has started to increase investments in deepwater after the downturn.
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