The total recoverable oil reserves at five blocks may amount to 670 million barrels.
Read More »20 NIORDC Projects to Go on Stream by February
The project to organize the port of Bandar-e Mahshahr is aimed at increasing the port’s export capacity to 40 million tons.
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 »New Record of Deepwater Oil Production
The industry has started to increase investments in deepwater after the downturn.
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 »China`s Greenhouse Gas Emissions Rise despite Xi`s Climate Push
China is among the world'.s largest emitters of methane.
Read More »US Crude Inventories Increased 900.000 bbl
US crude oil imports averaged 7.1 million b d. down from the previous week.
Read More »Saudis Pledge Deeper Oil Cuts in February under OPEC+ Deal
Saudi Arabia'.s voluntary limit under the December cuts deal with Russia and other producers was 10.33 million barrels a day.
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