Iranian Oil Minister Javad Owji’s post on X, formerly called Twitter, highlighted the oil sector’s 16.4 percent economic growth in spring 2023, the highest rate in the country.
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Iran’s National Petrochemical Company (NPC) and Uzbekistan’s Uzkimyosanoat on Wednesday signed a memorandum of understanding (MoU) on cooperation in the petrochemical sector.
Indian steel-to-energy group JSW is in early stage talks with Korea's LG Energy Solution (LGES) about jointly manufacturing batteries in India, two sources told Reuters, as it presses ahead with plans to build electric vehicles locally.
Indian chemicals maker Epigral will keep diversifying its business and expects the share of revenue from new products to expand significantly this year, its chairman and managing director told Reuters on Thursday.
Marine fuel sales at the UAE's Fujairah, the world's third-largest bunker hub, scaled eight-month highs in August, although volumes remained lower from a year-ago period, data showed.
China's natural gas demand this year is expected to grow by 8% from 2022, an analyst from state-owned oil major CNOOC's research division said, a pace higher than analysts' forecasts on the back of cooling gas prices and China's economic recovery.
Russia has introduced temporary restrictions on exports of gasoline and diesel in order to stabilise the domestic market, the government said on Thursday.
A C$16.5 billion ($12.27 billion) carbon capture and storage (CCS) project proposed by Canada's major oil producers will only move forward if the federal government sets up a contract to lock in future carbon prices, the Pathways Alliance said on Wednesday.
The Central Bank of Iran (CBI) has reported that the economy grew by 6.2% in the first three months of the Itranian calendar year (March 21 to June 21).
Iran has regained its pre-sanctions position in the OPEC crude oil production table with an increase of more than 1 million barrels per day (bpd) achieved under the 13th administration, said the National Iranian Oil Company (NIOC) managing director on Wednesday.
A number of oil and gas projects worth some $50 billion are in progress, said a National Iranian Oil Company (NIOC) official on Wednesday.
French oil major TotalEnergies will invest $300 million to form a joint venture with Adani Green Energy to build renewable capacity in India, the two companies' first deal since India's Adani Group was involved in an alleged tax fraud scandal.
The second edition of the conference and exhibition of technology management of knowledge-based products in Iran's oil industry (Petrotech 2023) is going to be held in late December.
Saudi Ambassador to Iran Abdullah bin Saud al-Anzi on Monday voiced his country’s readiness to broaden cooperation with the Islamic Republic in petrochemical sector.
Iranian Oil Minister Javad Owji said the Islamic Republic will not give up its share of the Arash gas field, known as Al-Dorra in Kuwait and Saudi Arabia, in the Persian Gulf.
Iran’s National Petrochemical Company (NPC) managing director on Sunday said the twentyfold increase in number of foreign participants of the 17th IranPlast International Exhibition means that “economic sanctions and threats have no place” in petrochemical industry.
The 17th International Exhibition of Plastics, Rubber, Machinery and Equipment, commonly known as IranPlast International Exhibition, kicked off here on Sunday.
Iran’s Oil Minister Javad Owji on Sunday said his country “will export crude oil and gas condensates wherever it wants”.
Iran’s National Petrochemical Company (NPC) managing director on Sunday said the twentyfold increase in number of foreign participants of the 17th IranPlast International Exhibition means that “economic sanctions and threats have no place” in petrochemical industry.
India has raised the windfall tax on petroleum crude from 6,700 rupees to 10,000 rupees per ton, effective September 16th, according to a government notification. This move aims to generate additional revenue for the Indian government and is a result of the tax imposed on crude oil producers in July of last year.