NEWS Feed Atom

MP lauds Oil Ministry for fixing gas pipelines damaged in terrorist acts in shortest time

2 years ago

19 February 2024

11:05 AM

A member of the Iranian Parliament's Industries and Mines Committee said on Sunday the repairing of gas transmission pipelines damaged in terrorist acts in the shortest time possible is a sign of the Oil Ministry’s “strong” and “intelligent” management in times of crisis.

“India’s natural gas consumption in 2024 will likely grow 5-6 per cent”, says Suresh Manglani CEO of Adani Total Gas

2 years ago

18 February 2024

8:17 AM

Sharing insights into India's burgeoning gas sector, Executive Director and CEO of Adani Total Gas Limited Suresh P Manglani has forecast a 5 per cent to 6 per cent increase in natural gas consumption in 2024, commensurate with an estimated economic growth of 6 per cent-7 per cent in the country.

Israel’s hand in Iran sabotage unveiled

2 years ago

18 February 2024

8:11 AM

The New York Times has confirmed lingering speculations over Israel's role in recent acts of sabotage inside Iran.

Gas consumption starts to rise

2 years ago

18 February 2024

8:03 AM

Due to the gradual decrease in temperature, gas consumption in the domestic sector has reached 329 million cubic meters in Iran, the head of the country's gas network management center said on Saturday.

Egypt has not stopped paying energy groups, Eni CEO says

2 years ago

17 February 2024

4:15 AM

Egypt is continuing to pay energy groups despite the difficult situation it is going through because of the conflict in Gaza, the Chief Executive of Italy's Eni Claudio Descalzi said on Friday.

Canadian LNG Will Stall Asia’s Shift to Renewables, Energy Experts in Asia Say

2 years ago

16 February 2024

12:06 PM

Canada's western provinces are selling fracked gas as a global climate solution. But experts across the Pacific say that’s ‘outdated’ and inaccurate.

India resumes buying Russian Sokol oil after 2-month hiatus

2 years ago

16 February 2024

11:58 AM

India has resumed imports of Russian Sokol oil after a two-month gap with at least two refiners so far taking deliveries of the light sweet crude in February, four trade sources said and ship tracking data showed.

Oil slips as weaker IEA demand outlook offsets rate cut hopes

2 years ago

16 February 2024

11:54 AM

Brent crude futures were down 53 cents, or 0.6%, at $82.33 a barrel at 0915 GMT. U.S. West Texas Intermediate crude futures fell 33 cents to $77.70.

The repairs of Iran’s gas transmission lines damaged by the terrorist attack have been completed

2 years ago

16 February 2024

11:50 AM

The Dispatching Manager of Iran's National Gas Company announced the completion of the repairs of the gas transmission lines damaged by the terrorist attack.

Oil eases as IEA flags slower demand growth

2 years ago

15 February 2024

10:50 AM

Brent crude futures fell 37 cents, or 0.5%, to $81.23 a barrel by 1008 GMT. U.S. West Texas Intermediate crude futures declined 44 cents, or 0.6%, to $76.20.

Oil demand growth slows as non-OPEC supply expands, says IEA

2 years ago

15 February 2024

10:48 AM

Global oil demand growth is losing momentum, the International Energy Agency (IEA) said on Thursday as it trimmed its 2024 growth forecast in sharp contrast with projections by producer group OPEC.

Villages near exploded pipelines reconnected to national gas network: Owji

2 years ago

15 February 2024

10:45 AM

Villages near the two gas pipelines exploded in western and southern Iran in terrorist attacks have been reconnected to the national grid, said Oil Minister Javad Owji on Wednesday.

Iran says ‘sabotaged’ pipelines will resume pumping gas overnight

2 years ago

15 February 2024

10:44 AM

The dispatching director of the National Iranian Gas Company said on Wednesday the two gas transmission pipelines exploded in a “terrorist act of sabotage” will operate by midnight local time or the wee hours of Thursday.

Shell halts Iraqi chemical project amid global review

2 years ago

14 February 2024

11:06 AM

Shell said on Tuesday it will not proceed with the Nebras petrochemical project in southern Iraq as part of its review of its operations in the sector that has seen a sharp drop in profits in recent years.

Oil holds firm on OPEC demand forecast and U.S. fuel stocks

2 years ago

14 February 2024

10:54 AM

Brent crude futures rose 6 cents, or 0.07%, to $82.83 a barrel by 0953 GMT. U.S. West Texas Intermediate (WTI) crude futures were flat at $77.87.

Owji: Blast-hit gas pipelines to operate within hours

2 years ago

14 February 2024

10:39 AM

Iran’s Oil Minister Javad Owji on Wednesday said the two gas transmission pipelines exploded in a “terrorist act” will be repaired and put into operation within hours.

Iran says blasts hit gas pipelines, blames explosions on ‘sabotage’

2 years ago

14 February 2024

10:33 AM

The dispatching director of the National Iranian Gas Company (NIGC) said two explosions struck the gas transmission pipeline in western and southern Iran in early Wednesday, blaming the blasts on “sabotage and terrorist act”.

Owji says tourism development will reduce reliance on oil revenues

2 years ago

14 February 2024

9:59 AM

Iran’s oil minister said on Tuesday the development of the tourism industry can contribute to the country’s economy and reduce reliance on oil revenues.

Building petro-refineries to increase Iran’s refining capacity by 30%

2 years ago

13 February 2024

11:13 AM

Iran’s Deputy Oil Minister for Planning Affairs has said constructing petro-refineries across Iran is going to increase the country’s refining capacity by 30 percent, which is from 2.3 million barrels to 3.0 million barrels.

Canadian First Nation urges Obsidian Energy to address quake concerns

2 years ago

13 February 2024

5:03 AM

An Indigenous community in Alberta on Monday criticized Obsidian Energy for failing to address ongoing concerns about its operations after regulators said the Canadian oil and gas producer was responsible for a series of earthquakes.

RoydadNaft

Latest News of Oil, Gas and Petrochemical industry

NEWS Feed Atom

MP lauds Oil Ministry for fixing gas pipelines damaged in terrorist acts in shortest time

“India’s natural gas consumption in 2024 will likely grow 5-6 per cent”, says Suresh Manglani CEO of Adani Total Gas

Israel’s hand in Iran sabotage unveiled

Gas consumption starts to rise

Egypt has not stopped paying energy groups, Eni CEO says

Canadian LNG Will Stall Asia’s Shift to Renewables, Energy Experts in Asia Say

India resumes buying Russian Sokol oil after 2-month hiatus

Oil slips as weaker IEA demand outlook offsets rate cut hopes

The repairs of Iran’s gas transmission lines damaged by the terrorist attack have been completed

Oil eases as IEA flags slower demand growth

Oil demand growth slows as non-OPEC supply expands, says IEA

Villages near exploded pipelines reconnected to national gas network: Owji

Iran says ‘sabotaged’ pipelines will resume pumping gas overnight

Shell halts Iraqi chemical project amid global review

Oil holds firm on OPEC demand forecast and U.S. fuel stocks

Owji: Blast-hit gas pipelines to operate within hours

Iran says blasts hit gas pipelines, blames explosions on ‘sabotage’

Owji says tourism development will reduce reliance on oil revenues

Building petro-refineries to increase Iran’s refining capacity by 30%

Canadian First Nation urges Obsidian Energy to address quake concerns