The manager of the South Pars Fifth Refinery announced the localization of 384 strategic equipment by the refinery’s employees and experts, utilizing the creative and innovative capacities of domestic specialists.
section 3 Feed Atom
Written by MohammadSadegh Razmi
The South Pars Gas Field, the world's largest natural gas field shared between Iran and Qatar, has been a cornerstone of Iran's energy supply.
Despite its vast potential for solar and wind energy, Iran remains significantly behind its affluent neighbors in the Persian Gulf in the transition to green energy sources. This article delves into the reasons behind this lag, providing an analysis bolstered by relevant statistics.
Iran might be a superpower when it comes to the oil and fossil fuel industry but in terms of hydrogen fuel and other cleaner sources of energy, the country is struggling.
Canada’s oil and gas extraction industries deployed CAD 10.6 billion ($7.85 billion) in capital during the third quarter (Q3), up 1.68 percent from the prior three-month period and 12.76 percent from the same quarter last year, official data has shown.
Oil and gas trade has had a remarkable effect on Iran’s economic growth, said a member of the Parliament’s Energy Committee on Saturday.
Russia’s oil trading with Asia has boomed since the Ukraine conflict, but one of its lucrative routes faces a challenge because of difficulties paying for fuel in currency other than dollars.
OPEC's share in India's oil imports in October hit a 10-month high as refiners bought more crude from Saudi Arabia and the United Arab Emirates after discounts narrowed for Russian oil that month, trade data showed.
The global oil market will see a slight surplus of supply in 2024 even if the OPEC+ nations extend their cuts into next year, the head IEA oil told.
Kuwait's economy is projected to decline in 2023 due to lower oil production, amid the country's commitment to additional Opec+ production cuts, a report has said.
The world’s governments are facing increased pressure to reach agreement on phasing out the production and consumption of fossil fuels. And countries like Canada, whose plan for fossil fuel production runs counter to its stated climate goals, will increasingly be under fire on the international stage.
Ariassol Polymer Company was introduced as an innovative knowledge-based company by the Vice President of Science and Technology.
Western Canada’s crude oil industry is preparing to embrace global markets, a turn that could leave the U.S. industry fighting for supply in 2024.
OPEC on Monday said oil market fundamentals remained strong and blamed speculators for a drop in prices as it slightly raised its 2023 forecast for global oil demand growth and stuck to its relatively high 2024 prediction.
The price of crude oil, natural gas, and gasoline has dropped more than 10% in recent weeks, but the U.S. Energy Information Administration (EIA) believes higher prices are in the future even though several economic indicators create questions.
During a May wildfire that scorched a vast swath of spruce and pine forest in northwestern Canada, Julia Cardinal lost a riverside cabin that was many things to her: retirement project, gift from from her husband, and somewhere to live by nature, as her family had done for generations.
Montreal-based renewable energy firm TES Canada H2 Inc will build a C$4-billion ($2.9 billion) green hydrogen project in Quebec that is expected to create 200 permanent jobs and reduce 3% of the province's carbon emissions by 2030, a source familiar with the project told Reuters on Thursday.
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