Total said Wednesday it had halted plans to help develop Iran'.s giant South Pars gas field.
Read More »Venezuela Enters New Phase of Crisis
Venezuela’s oil production has declined to just 1.488 million barrels per day (mb d) as of March.
Read More »Total will not Give Up on Venezuela
Earlier this month. Chevron Corp said two of its executives had been arrested in Venezuela.
Read More »OPEC Crude Production Drops to Lowest in a Year
Output from Saudi Arabia. OPEC’s de-facto leader and its biggest producer. fell 10.000 bpd from February to 9.87 million.
Read More »IEA: Venezuela Turmoil could Push Oil Market into Deficit
The IEA expects Venezuela'.s crude output will fall to 1.38 million barrels per day (mb d) by the end of 2018.
Read More »OPEC Sacrificed Venezuela and Angola for the Greater Good
The fall in oil prices had an immediate and dramatic impact on drilling activity.
Read More »Saudi Arabia among Lowest Oil Field Emissions on Planet. Venezuela Highest
China has been the world'.s largest growth market for energy for the past 15 years.
Read More »Venezuela`s Saviours?
Both China and Russia have extended massive credits to Caracas.
Read More »Almost 130 Countries Desired for Venezuela`s Oil-Backed Cryptocurrency
Petro is the future of Venezuela and the world.
Read More »Maduro to Recover 70 Percent of Oil Output Decline
Venezuela’s oil production dropped by nearly 13 percent last year.
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