The once reliable gasoline arbitrage between the US Gulf coast and New York Harbor could see more volatility in 2020 as New York Harbor is increasingly supplied by imports from Europe.
News ID: 8116 Publish Date : 2019/12/27
Natural gas prices in the Permian basin will likely decrease in the first half of 2020, Argus forward curve data suggest, despite an expected slowdown in production growth.
News ID: 8112 Publish Date : 2019/12/27
President Donald Trump's administration is setting course to rapidly implement changes to energy sector regulations and open new areas to drilling ahead of next year's presidential election.
News ID: 8102 Publish Date : 2019/12/26
The Energy Ministry has 46 power, water and wastewater projects in cities and villages of Khorasan Razavi Province, the minister said Monday.
News ID: 8099 Publish Date : 2019/12/24
Selling one million barrels of oil a day as forecast in the March 2019-20 budget bill is wishful thinking in the absence of robust diplomatic relations with neighbors and the world, a member of the Majlis Energy Commission said.
News ID: 8053 Publish Date : 2019/12/20
Tajikistan's Minister of Economy and Trade Nematollah Hekmatzadeh underlined age-old and friendly ties between Tehran and Dushanbe, saying that his country endeavors to boost economic convergence with Iran.
News ID: 8047 Publish Date : 2019/12/22
Iranian Parliament Speaker Ali Larijani said that the US sanctions have increased self-sufficiency in the country and many industries are flourishing.
News ID: 8045 Publish Date : 2019/12/22
The European Union agreed to cut its total emissions to net-zero by 2050 after ten hours of debate as Eastern European states demanded financial help to hit the target.
News ID: 7956 Publish Date : 2019/12/14
Germany’s engineering giant Siemens, in a joint project with Iran’s largest energy construction and engineering group Mapna, is working on launching power plants relying on modern gas turbines that would add some 5 gigawatts (GW) to the country’s electricity generation capacity.
News ID: 7953 Publish Date : 2019/12/15
The Energy and Mineral Resources Ministry of Indonesia has lowered its projections for nickel and bauxite smelter construction by 2022 due to shortfalls in investment. Indonesia’s government in September expedited the nickel ore export ban by two years to January 2020 from 2022 as part of its efforts to boost expansion of a local smelting industry.
News ID: 7931 Publish Date : 2019/12/12
Iranian scientists at the Islamic Azad University of Khorramabad in Western Iran manufactured a four-wheel vehicle which does not need any fossil fuel and runs with clean energies.
News ID: 7917 Publish Date : 2019/12/11
Power and water projects worth $110 million were inaugurated Tuesday in western Kermanshah Province.
News ID: 7916 Publish Date : 2019/12/10
Japan's JXTG Nippon Oil & Energy plans to further cut its aromatics production to a 70pc operating rate next month, prompted by negative margins for paraxylene (PX).
News ID: 7906 Publish Date : 2019/12/11
China’s new energy vehicle (NEV) sales in November fell year-on-year by 41.7 per cent to 79,000 units, as reported by the China Passenger Car Association (CPCA) on Monday, December 9. This marks the fifth consecutive month of decline in new energy vehicle sales since the sharp cut on NEV subsidies went into effect in late June.
News ID: 7895 Publish Date : 2019/12/10
Iran’s Noori Petrochemical Plant announced that its output records are higher than the set goals, adding that 60% of its production in the last 8.5 months have been exported.
News ID: 7888 Publish Date : 2019/12/10
President Hassan Rouhani said Sunday the country has become self-sufficient in the production of natural gas, gasoline and diesel and has started exporting the three fuels.
News ID: 7823 Publish Date : 2019/12/08
Iranian Energy Minister Reza Ardakanian announced that his country will continue exports of electricity to Iraq by renewing earlier contract.
News ID: 7818 Publish Date : 2019/12/09
Oftec, a trade organisation for the heating and cooking industries in the UK and Ireland, has released a proposed roadmap to decarbonise the heating of off-gas grid homes in the UK that rely on kerosine through the adoption of biofuels. Oftec chief executive Paul Rose spoke to Argus Biofuels editor John Houghton-Brown about the organisation's recommendations for a biofuels-kerosine blend for 1.5mn homes.
News ID: 7803 Publish Date : 2019/12/06
Energy Minister Reza Ardakanian underlined that the Iranian companies are seriously engaged in reconstruction projects of Syria.
News ID: 7789 Publish Date : 2019/12/07
Drivers in Mexico are using high concentrations of ethanol in their tanks as a direct, cheaper substitute of gasoline despite blends over 10pc being illegal, conventional fuel retailers said.
News ID: 7750 Publish Date : 2019/12/04