Canada's largest pension funds, which hold trillions of dollars in assets combined, are trailing behind many of their international counterparts when it comes to shifting away from investments in fossil fuels, a new report has found.
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Iran’s gasoline consumption exceeded 132 million liters per day as temperatures dropped sharply in recent days, said Oil Minister Javad Owji on Monday.
The chief executive of the National Iranian Oil Products Refining and Distribution Company (NIORDC) said his company has signed €70 million worth of contract with knowledge-based companies in the fields of oil refining and distribution sectors.
top executive of state-owned Abu Dhabi National Oil Company (ADNOC) on Monday said the company's strategy was anchored around gas output and that Egypt has been identified as a market with a lot of potential.
The fueling infrastructure was developed in Iran by opening 16 new stations across the country, Shana reported on Saturday.
In January, India experienced an 8.2% year-on-year increase in fuel consumption, according to government data released. This surge was attributed to robust industrial activity in the country, which is the world's third-largest oil consumer.
India has set in motion a building blitz at its oil refineries to raise production of traditional transport fuels.
Iran’s President Seyyed Ebrahim Raeisi on Wednesday assigned the oil and energy minister to form specialized working groups to redress energy imbalance.
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.