Browsing Tag

crude oil production

Oil companies worldwide have reported substantial profits during the first quarter and first half of the year, with cautious expectations given the Middle East conflict. Regional scenario: Latin America and the United States Brazilian company Petrobras reported a daily average of 3.281 million…
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OFAC authorizes sale of US diluents to Venezuela

The Office of Foreign Assets Control (OFAC) issued a new license last week for the sale of US diluents to Venezuela, as part of the opening of crude oil exports from the South American country. According to this license, the export and…