Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
PDVSA uses naphtha from the US to thin its heavy crude so it can be shipped.
Read More »US Gives Non-US Firms Three Months to Close PDVSA Deals
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.
Read More »Germany. France. UK to Set Up EU Channel for Transactions with Iran
The European transactions channel for Iran will be called INSTEX (Instrument in Support of Trade Exchanges).
Read More »Oil Rises amid US Lower Imports. Venezuela Sanctions
Oil Rises amid US Lower Imports. Venezuela Sanctions.
Read More »Oil Rise on Venezuela Sanctions
The sanctions aim to freeze sale proceeds from PDVSA’s exports of roughly 500.000 barrels per day (bpd) of crude oil to the United States.
Read More »IAEA: Iran Implementing Its Commitments under Nuclear Deal
Iran is implementing its nuclear-related commitments under the JCPOA.
Read More »Venezuela President Urges US Companies to Continue Investing in Venezuela
Over 3.000 US companies are listed in the register of trading companies in Venezuela.
Read More »Too Early to Assess Impact of U.S. Sanctions on Venezuela
The Trump administration on Monday imposed sweeping sanctions on Venezuelan state-owned oil firm PDVSA.
Read More »Oil prices steady. Concerns Rise over Supply Disruption
The sanctions aim to freeze sale proceeds from PDVSA’s exports of roughly 500.000 barrels per day of crude to the United States.
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