Iran’s President Seyyed Ebrahim Raeisi on Wednesday assigned the oil and energy minister to form specialized working groups to redress energy imbalance.
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UAE's Abu Dhabi National Oil Company has sold more straight-run fuel oil (SRFO) from its Ruwais refinery complex this month via private sales, according to trade sources and ship-tracking data.
Average daily gasoline consumption in Iran has reached about 115 million liters, the managing director of the National Iranian Oil Refining and Distribution Company (NIORDC) said.
Iran’s Persian Gulf Star Refinery (PGSR), the largest gas condensate and the most modern one in the world and West Asia, accounts for 25 percent of the country’s total gasoline supply, Shana reported.
India's fuel consumption rose to a seven-month high in December to about 20.054 million metric tons, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.
Average daily gasoline consumption in Iran has reached about 113 million liters in the 10th month of the current Iranian calendar year (started on December 22, 2023), the managing director of the National Iranian Oil Refining and Distribution Company (NIORDC) said.
India's fuel exports rose in November from a month earlier as refineries ramped up crude processing while diesel demand for trucking was lower during the Diwali festival season.
Iran’s Oil Ministry managed to resolve a disruption to the country’s fuel system within hours, said the Parliament’s Energy Committee vice chairman on Monday.
The National Iranian Oil Products Distribution Company (NIOPDC) has reconnected 4,213 gas stations out of 4,305 nationwide to the smart fuel system following a disruption.
A member of Iran’s Parliament on Sunday said the Oil Ministry officials’ promptitude and extensive fieldwork helped fix a disruption to the smart fuel system quickly.
Iran’s President Seyyed Ebrahim Raeisi on Wednesday lauded the Oil Ministry for fixing a disruption to the country’s smart fuel system.
The managing director of the National Iranian Oil Products Distribution Company (NIOPDC) on Tuesday said 60 percent of the country’s gas stations have been so far connected to the smart fuel system one day after disruption.
The National Iranian Oil Products Distribution Company (NIOPDC) managing director on Tuesday said all gas stations have been fixed manually after a disruption hit them across the country.
Iran’s Oil Minister Javad Owji visited some gas stations in Tehran after a software problem disrupted services on Monday.
Iran’s Oil Minister Javad Owji on Monday said 1,625 gas stations have been fixed manually and are supplying fuel offline after a disruption.
Canada's reaction to the global agreement to transition from fossil fuels is mixed, with environmentalists concerned about potential climate change loopholes and some industry players embracing carbon capture technologies.
Canada, a major oil producer, is at the crossroads of its commitment to climate action and its role as a major oil producer at COP28, with the draft agreement softening the language on phasing out fossil fuels.
OPEC's top Arab energy ministers arrived in Doha on Monday for the 12th Arab Energy Conference as countries clash at the UN's COP28 climate summit over a possible agreement to phase-out fossil fuels.
Iranian judicial authorities on Thursday announced the seizure of two vessels over alleged smuggling of fuel in the Persian Gulf.
The stand here put it at odds with the emerging consensus for moving away from fossil fuels and in the company of China as well as oil-producers Saudi Arabia, Russia and Iran.