PDVSA

US sanctions appear to have prompted a change in ownership. It is unclear how the new arrangement will impact Venezuela’s diminishing ability to export crude oil.

Take a quick look at some of the data points shaping upstream headlines and the movement of oil supplies around the world.

A fluid technology has been developed to deposit a thin, impermeable barrier over the pores and microfractures of weak, underpressured, and otherwise troublesome formations to maintain wellbore stability and reduce formation damage.