There are multiple projects with the potential to completely disrupt energy markets, making even this debate about the immediate cost of clean energy obsolete.
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A fire burned for a third day on Sunday at Shell Plc’s chemical plant in the Houston suburb of Deer Park, Texas, a company spokesperson said.
Canada’s main oil-producing province Alberta on Saturday declared a provincial state of emergency due to wildfires, shutting in at least 145,000 of oil equivalent per day (boepd).
Technical planning for development of Iran’s Arvandkenar oilfield near the border with Iraq has kicked off, an Iranian official has said.
Abdollah Azaari Ahvazi,…
Australia will change its Petroleum Resource Rent Tax (PRRT) to increase the tax paid by the offshore LNG industry, moves that should increase revenue by A$2.4 billion…
The National Iranian Oil Refining and Distribution Company (NIORDC) managing director on Saturday said the operations of Shahid Soleimani Refinery-Integrated Petrochemical Plant project will begin this spring.
While investment in both fossil fuels and clean energy projects will continue for years, there are bound to be conflicts over exactly how much should go to…
Russia’s federal budget revenues from oil and gas, the lifeblood of its economy, fell 64% in April from the year-earlier period and declined by 5.9% from March,…
The Islamic Republic of Iran Customs Administration says Iran intends to increase annual trade with the Eurasian Economic Union to $10 billion within less than two years.
Iran’s oil minister said the country’s oil production has risen to over 3 million barrels per day (mbd) in the past 20 months ago.
Oil prices fell in Asian trade on Tuesday, extending losses seen in the previous session, as weak economic data from China and expectations of a U.S. interest…
The document on development and completion of value chain of petrochemical industry was unveiled in the presence of Oil Minister Javad Owji and National Petrochemical Company (NPC)…
Saudi Aramco is now the world’s second-largest company in the world after overtaking Microsoft.
While Apple remains the world’s largest company, Saudi Aramco reported…
Figures by the statistics office of the European Union (Eurostat) show that Iran has exported more than 1.567 billion cubic meters of natural gas to Turkey in…
Iran’s National Petrochemical Company (NPC) managing director on Monday said the gap between the industry’s real output and installed capacity will be reduced.
Delivering…
The 14th Iran Petrochemical Forum (IPF) kicked off at IRIB International Conference Center (IICC) here on Monday.
Focusing on value chain and new opportunities,…
To date, Azerbaijan has oil reserves estimated at some 7 billion barrels and produces over 800,000 bpd. Most of this is exported as the country’s…
Iran’s Arya Sasol Polymer Company has moved toward developing its export marketing plan, said the ASPC managing director on Sunday.
Mohammad-Reza Heidarzadeh, added, “In…
The precompression units of NGL 900 and NGL 1000 plants were inaugurated via videoconference by Iran’s President Seyyed Ebrahim Raeisi in southwestern province of Khuzestan on Friday.
The U.S. crude oil being added to the global Brent benchmark will lack the list of cargoes scheduled to load that could help set the price, a…