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Canada’s Trans Mountain oil pipeline’s faces hearing on route change dispute

3 years ago

18 September 2023

2:11 PM

Canadian regulators on Monday kicked off a two-day hearing to weigh up a controversial route change request from the Trans Mountain expansion (TMX) project that has sparked Indigenous opposition and may lead to further delays for the key oil pipeline.

Oil prices extend gains towards $95 on tight supply

3 years ago

18 September 2023

2:06 PM

Global oil benchmark Brent crude neared $95 a barrel on Monday, with investors focused on the prospect of a widening supply deficit in the fourth quarter after Saudi Arabia and Russia extended supply cuts.

PGPIC to launch 4 major petrochemical projects by late Mar. 2024

3 years ago

18 September 2023

1:41 PM

Iran's Persian Gulf Petrochemical Industries Company (PGPIC) is going to launch four major projects by the end of the current Iranian calendar year (March 20, 2024), the managing director of the company said.

Rise in Iran’s oil sales proves foreign policy effective: Spokesman

3 years ago

18 September 2023

1:31 PM

Increase in oil exports, release of frozen assets, expansion of foreign relations, and enhancement of presence in international assemblies are all indicative of effectiveness of the Iranian government’s foreign policy, said the Foreign Ministry spokesman on Monday.

Saudi Arabia says ready to promote cooperation with Iran in petrochemical sector

3 years ago

18 September 2023

1:29 PM

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.

Owji reiterates Iran will not give up share of Arash gas field

3 years ago

18 September 2023

1:27 PM

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.

NPC CEO: Foreign guests’ strong presence in IranPlast expo means ‘sanctions have no place’ in petchem industry

3 years ago

18 September 2023

1:25 PM

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.

Union starts further 24-hour stoppage at Chevron’s Australian LNG facilities

3 years ago

17 September 2023

1:58 PM

Australia's Offshore Alliance union said on Sunday that workers had begun a second 24-hour strike at Chevron's liquefied natural gas (LNG) plants in Western Australia.

17th IranPlast International Exhibition opens

3 years ago

17 September 2023

1:52 PM

The 17th International Exhibition of Plastics, Rubber, Machinery and Equipment, commonly known as IranPlast International Exhibition, kicked off here on Sunday.

Owji says ‘Iran will export oil wherever it wants’

3 years ago

17 September 2023

1:41 PM

Iran’s Oil Minister Javad Owji on Sunday said his country “will export crude oil and gas condensates wherever it wants”.

NPC CEO: Foreign guests’ strong presence in IranPlast expo means ‘sanctions have no place’ in petchem industry

3 years ago

17 September 2023

1:39 PM

Oil companies can only decarbonize as fast as the rest of the economy: Shell Canada

3 years ago

16 September 2023

12:55 PM

The fossil fuel industry is increasingly under the microscope for its contribution to climate change, but the president of British oil giant Shell's Canadian subsidiary says oil and gas companies can't be held solely responsible for the pace of the global energy transition.

California sues oil giants for downplaying risks posed by fossil fuels – NYT

3 years ago

16 September 2023

12:50 PM

The state of California has sued major oil companies including Exxon Mobil Corp, Shell PLC, and Chevron Corp, accusing them of playing down the risks posed by fossil fuels, the New York Times reported on Friday.

IranPlast among biggest polymer expositions in Mideast: NPC

3 years ago

16 September 2023

12:38 PM

Iran’s International Exhibition of Plastics, Rubber, Machinery and Equipment is one of the biggest polymer expositions in the Middle East, said the National Petrochemical Company investment manager on Friday.

Canada to host the World Petroleum Congress

3 years ago

15 September 2023

2:43 PM

The City of Calgary is excited to welcome the 24th World Petroleum Congress to Calgary Sept. 17 – 21, 2023. The event will be an important bridge between the traditional energy sector and a more carbon-neutral industry over the next twenty-five years.

Oil set for another weekly gain on tight supply and China optimism

3 years ago

15 September 2023

2:22 PM

Oil was on track for a third weekly gain as supply tightness spearheaded by Saudi Arabian production cuts combines with optimism that the Chinese economy is finally turning a corner.

OPEC marks its 63rd anniversary

3 years ago

15 September 2023

2:02 PM

The Organization of the Petroleum Exporting Countries (OPEC) today turned 63.

OPEC report: Iran regains position as third-largest oil producer with 3m bpd output

3 years ago

15 September 2023

2:01 PM

The Monthly Oil Market Report (MOMR) of the Organization of the Petroleum Exporting Countries (OPEC) showed that Iran has regained its position as the third-largest crude oil producer in August.

China’s ‘teapot’ refiners mop up swelling Iranian crude, defying U.S. curbs

3 years ago

14 September 2023

2:04 PM

Appetite for Iranian crude is growing in China, the world's biggest oil importer, after the extension of supply cuts by Saudi Arabia and Russia boosted global prices , while Tehran is stepping up output and exports despite U.S. sanctions.

India issues tender for gas-fired power to address unusually high power demand

3 years ago

14 September 2023

2:00 PM

India is seeking bids to supply gas-fired power to address expected periods of unusually high electricity consumption in October and November, a tender issued on Thursday showed.

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Latest News of Oil, Gas and Petrochemical industry

NEWS Feed Atom

Canada’s Trans Mountain oil pipeline’s faces hearing on route change dispute

Oil prices extend gains towards $95 on tight supply

PGPIC to launch 4 major petrochemical projects by late Mar. 2024

Rise in Iran’s oil sales proves foreign policy effective: Spokesman

Saudi Arabia says ready to promote cooperation with Iran in petrochemical sector

Owji reiterates Iran will not give up share of Arash gas field

NPC CEO: Foreign guests’ strong presence in IranPlast expo means ‘sanctions have no place’ in petchem industry

Union starts further 24-hour stoppage at Chevron’s Australian LNG facilities

17th IranPlast International Exhibition opens

Owji says ‘Iran will export oil wherever it wants’

NPC CEO: Foreign guests’ strong presence in IranPlast expo means ‘sanctions have no place’ in petchem industry

Oil companies can only decarbonize as fast as the rest of the economy: Shell Canada

California sues oil giants for downplaying risks posed by fossil fuels – NYT

IranPlast among biggest polymer expositions in Mideast: NPC

Canada to host the World Petroleum Congress

Oil set for another weekly gain on tight supply and China optimism

OPEC marks its 63rd anniversary

OPEC report: Iran regains position as third-largest oil producer with 3m bpd output

China’s ‘teapot’ refiners mop up swelling Iranian crude, defying U.S. curbs

India issues tender for gas-fired power to address unusually high power demand