OPEC countries, which are meeting next week to discuss their level of oil output, should make the right decision for the global economy, which remains “very fragile”, the head of the International Energy Agency told Reuters on Tuesday.
News ID: 7578 Publish Date : 2019/11/26
New energy investment in emerging economies slipped last year to $133 billion, far from the 2017 record of $169 billion, mostly due to a slowdown in China, BloombergNEF said in its annual Climatescope report.
News ID: 7577 Publish Date : 2019/11/26
US midstream operator Williams is suing Texas regulators over an exemption it says will give oil producers a "blank check" to flare off associated natural gas whenever doing so would be profitable.
News ID: 7574 Publish Date : 2019/11/26
Iran is planning to increase the volume of its daily output from the South Pars gas field, which the country shares with Qatar, by 50 million cubic meters per day, said CEO of the Pars Oil and Gas Company (POGC) Mohammad Meshkinfam.
News ID: 7568 Publish Date : 2019/11/25
Iranian Minister of Industry, Mine and Trade Reza Rahmani said that the government has no plan for increasing the price of diesel in the country at least by the end of the current local calendar year on March 20, hinting that the fuel is expected to be offered at a higher price in the first month of the next year.
News ID: 7567 Publish Date : 2019/11/26
Iranian Vice-President and Head of the Management and Planning Organization (MPO) Mohammad Baqer Nobakht said that his country is after accomplishing an objective of increasing non-oil exports to 15 neighboring countries by two-fold to counter the US bans on its oil sale.
News ID: 7566 Publish Date : 2019/11/26
Oil prices rose on Monday as positive comments from the United States and China rekindled hopes in global markets that the world’s two largest economies could soon sign an interim deal to end their bitter trade war.
News ID: 7561 Publish Date : 2019/11/25
As green investing becomes ever more mainstream, there is greater scrutiny of the myriad “environmentally friendly” investment products that have emerged.
News ID: 7560 Publish Date : 2019/11/26
State-owned PetroPeru will start first-ever monthly spot crude sales early next year as its main refinery closes for a long-delayed expansion project.
News ID: 7553 Publish Date : 2019/11/25
Low-sulphur marine fuel sales have now outpaced high-sulphur marine fuel sales in Europe's main bunkering hub and many other locations globally.
News ID: 7548 Publish Date : 2019/11/25
Iranian Vice-President for Science and Technology Sorena Sattari censured the country’s dependence on oil revenues, and urged for more technology-oriented economic activities.
News ID: 7533 Publish Date : 2019/11/24
Iraq's crude production and exports continue at full throttle despite the recent violent demonstrations in the country, but analysts said the situation bears close watching as oil fields and ports could be vulnerable to escalating protests.
News ID: 7529 Publish Date : 2019/11/20
The semi-autonomous Iraqi region of Kurdistan may begin deliveries by early next year of around 250,000 barrels per day of crude oil to the federal government in Baghdad for exports, Iraqi Oil Minister Thamer Ghadhban said.
News ID: 7528 Publish Date : 2019/11/23
Brazilian state-controlled oil company Petrobras has agreed to lease its fertilizer units in the northeastern states of Bahia and Sergipe to Brazilian company Proquigel Química, part of the Unigel group.
News ID: 7508 Publish Date : 2019/11/22
Phillips 66 has started initial service on its 900,000 b/d Gray Oak pipeline from the Permian basin to Corpus Christi, Texas.
News ID: 7502 Publish Date : 2019/11/22
Spot charter day rates for tri-fuel diesel-electric (TFDE) LNG carriers held unchanged on Friday and expanded their premium to corresponding rates in the east of Suez region, which fell on Friday amid higher vessel availability in the Pacific basin.
News ID: 7500 Publish Date : 2019/11/22
The CEO of Arvand Catalysts Plant said the company supplied 70% of its need for catalysts from domestic producers.
News ID: 7490 Publish Date : 2019/11/20
Venezuela's president Nicolas Maduro ordered the grounding of all commercial and private aviation in anticipation of tomorrow's nationwide protests summoned by the US-backed opposition.
News ID: 7485 Publish Date : 2019/11/15
French tubular steelmaker Vallourec expects Brazilian demand to pick up in the fourth quarter, while oil and gas demand in the US is expected to decline.
News ID: 7484 Publish Date : 2019/11/15
A narrowing discount between 0.5pc sulphur residual fuel oil and 0.1pc sulphur marine gasoil (MGO) in both Houston and Panama may be due to fewer 0.5pc resid availabilities as demand for it rises.
News ID: 7479 Publish Date : 2019/11/15
