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Minister of Petroleum, Bijan Zangeneh says Iran’s daily production of oil and condensate has risen to 2.4 million barrels.    Since the lifting of sanctions in January under a nuclear agreement, Iran has been ramping out oil production to claw back lost market share.   “During sanctions, exports of oil…
An Iranian deputy minister says the country will soon resume oil sales to Italy’s state energy producer Eni.   Roknoddin Javadi made the remarks on the sideline of the Tehran 21st International oil show and added that National Iranian Oil Company (NIOC) has already signed an oil exports contract with…
Cardón Finished Lubricants Bottling Plant of Petróleos de Venezuela, S.A. (PDVSA) in Falcón state’s Paraguaná peninsula, received a well-deserved recognition for its quality management ISO 9001: 2008.   The “ISO 9001: 2008 Certification Award Ceremony” and the “11 Platinum 9000 Certifications” awards were held at Club Bahía’s Paraguaná Hall at…
Petróleos de Venezuela announces that crude production levels have remained stable for the first quarter 2016,despite the strong financial impact of falling oil prices for more than 18 months.          These production levels have been achieved due to continued production growth at the Hugo Chávez Orinoco Oil…
 Eni, following the start of production of the Nidoco North 1X exploration well and the Nidoco North West 4 development well, brought the production of Nooros field,  to around 65,000 barrels of oil equivalent per day. This new milestone is achieved in just 10 months of discovery. Eni, following the…
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