madaresharghi The general appointed to run Venezuela's energy sector will bring more military officials into the senior ranks of state oil company PDVSA during a major shakeup intended to root ...

madaresharghi For the last decade, smaller oil companies have led the way in shale technology, slashing costs by as much as half with breakthroughs such as horizontal drilling and hydraulic ...

madaresharghi OPEC is heading for tougher-than-expected policy talks this week amid concern that its efforts to rebalance the oil market might overshoot by creating a global deficit and spurring a ...

madaresharghi Norway’s Statoil will continue to drill for oil in the Arctic Barents Sea next year even though its 2017 campaign was mostly disappointing, the company’s head of exploration told ...

madaresharghi Plans are in place to rehabilitate Kharg Oil Terminal in the Persian Gulf, Iran's biggest crude oil loading and export facility, managing director of Iranian Oil Terminals Company said. ...

madaresharghi The much-needed technical know-how and licenses for the development of the second phase of Kermanshah Petrochemical Industries Company will be provided by the international firm KBR, formerly a subsidiary ...

madaresharghi State oil giant Saudi Aramco and petrochemical producer Saudi Basic Industries Corp signed a memorandum of understanding on Sunday to build a $20 billion complex converting crude oil to ...

madaresharghi Early production from South Yaran Oilfield near the Iraqi border has started since last week, the chief executive officer of Iran's Petroleum Engineering and Development Company said. "Upon the ...

madaresharghi The Italian subsidiary of multinational conglomerate Honeywell has reached an agreement to help upgrade monitoring and control technology in Iran's Tabriz Petrochemical Company, the company's chief executive officer said. ...

madaresharghi Wintershall could make its way into Iran's petroleum market by securing the rights to develop an oilfield in the southern Khuzestan Province. Germany's largest oil and gas producer is ...