Global demand for LNG grew by 12.5% to 359 million tons in 2019, according to Royal Dutch Shell ’s latest annual LNG Outlook, bolstering LNG’s growing role in the transition to a lower-carbon energy system.
News ID: 8494 Publish Date : 2020/02/25
Energy companies are betting demand for natural gas will rise at break-neck pace for decades, undermining warnings that tackling climate change would require a rapid switch to renewable energy.
News ID: 2414 Publish Date : 2018/10/12
Plastics and other petrochemical products will drive global oil demand to 2050, offsetting slower consumption of motor fuel, the International Energy Agency said.
News ID: 2379 Publish Date : 2018/10/08
Royal Dutch Shell announced on Monday plans to limit emissions of methane, a potent greenhouse gas, across its oil and gas operations.
News ID: 2217 Publish Date : 2018/09/21
Russian oil and gas firm Zarubezhneft Company has signed a memorandum of understanding with IDRO Oil, a subsidiary of the Industrial Development and Renovation Organization of Iran, to conduct studies on the development of Susangerd Oilfield in Khuzestan Province.
News ID: 1954 Publish Date : 2018/02/18
With years of austerity in their rear-view mirrors, the world’s biggest oil companies are locked in a contest to lure investors with promises of growth and greater rewards.
News ID: 1932 Publish Date : 2018/02/13
Royal Dutch Shell has spent over $400 million on a range of acquisitions in recent weeks, from solar power to electric car charging points, intensifying its drive to expand beyond its oil and gas business, and reduce its carbon footprint.
News ID: 1867 Publish Date : 2018/01/28
In line with policies to reduce the production and sale of low value-added products, two projects, worth about $7 billion, are being finalized to produce an array of petrochemicals with greater return, the managing director of Persian Gulf Holding Company said.
News ID: 1830 Publish Date : 2018/01/21
Royal Dutch Shell agreed on Monday to acquire a stake in a US solar company, 12 years after exiting the sector, in the latest series of deals to grow beyond its core oil and gas business.
News ID: 1807 Publish Date : 2018/01/17
Iran is ready to build the onshore stretch of a major gas pipeline project that would transfer natural gas from the Persian Gulf to Oman south of the Sea of Oman, the chief executive officer of the National Iranian Gas Company said.
News ID: 1797 Publish Date : 2018/01/15
The National Iranian Tanker Company has signed over 200 leasing contracts for its vessels in two years since international economic curbs were lifted, the company's chief executive officer said.
News ID: 1740 Publish Date : 2017/12/29
Iran will finalize a deal for Azadegan Oilfield, the crown jewel of its shared oil deposits, by the summer of 2018, Oil Minister Bijan Namdar Zanganeh said.
News ID: 1696 Publish Date : 2017/12/16
Crude oil production from the giant South Azadegan field near the Iraqi border has increased by 22,000 barrels per day.
News ID: 1361 Publish Date : 2017/09/27
Iranian officials on Sunday spoke of new investments in the economy and ambitious production targets in a petrochemical industry that is seen as Iran's most profitable sector after oil and gas.
News ID: 1343 Publish Date : 2017/09/25
Iran has increasingly expanded its footprint in the European oil market since last year's lifting of sanctions, with ports and terminals in Europe taking in nearly 35% of Iranian crude exports.
News ID: 1313 Publish Date : 2017/09/17
BP is piling up assets with more than $3 billion of deals in three days as CEO Bob Dudley sees the company emerging from the doldrums after a two-year price slump.
News ID: 760 Publish Date : 2016/12/26