The exports of petrochemical products from Iran earned US$ 838 million in the first four months of the current Iranian calendar year that began on March 21, 2014, according to an IRNA report. During the four-month period, Iran ...
Tags: Exports, US$838 Million, Textile
The Government of Iran has issued instructions to oil refineries and petrochemical units to not to reduce their feedstock supply to downstream petrochemical units, reports Shana. The order issued by Iran’s Minister of Petroleum ...
An investment of US$ 33 billion is needed for financing the petrochemical projects that are currently under construction, a senior official of the National Petrochemical Company (NPC) has said, reports Tasnim News Agency. Mohammad-Hassan ...
Tags: Financing, Petrochemical Projects, Textile
UK onshore explorer Egdon Resources said Friday it could have 18 Tcf of gas initially in place in shale gas reserves in its licenses within the Bowland-Hodder shale sequence in northern England. That is equivalent to around 510 billion ...
Tags: shale gas, UK gas consumption
Solar photovoltaic (PV) demand from the Middle East and Africa (MEA) region is set to grow 50% on year in 2014. Between 2014-2018, annual PV demand will nearly triple as the MEA region becomes a key market for the global industry, according ...
South Korea is working on a mid-term plan to explore oil and gas reserves off the country's coast as part of efforts to help reduce its heavy reliance on foreign crude imports, an energy ministry official said. "The government plans to ...
Tags: Oil, LNG, foreign crude imports
Malaysia has approved a 20% increase in natural gas prices for industrial and commercial sectors in the west of the country, effective May 1, in order to reflect the cost of procuring more expensive imported LNG. Domestic natural gas ...
Tags: natural gas, LNG Cost
The U.S. Trade and Development Agency (USTDA) has awarded a US$ 257,000 grant to Honeywell Group Limited (Lagos, Nigeria) for a project that will assess different product streams for petrochemical facilities in Nigeria. Under the ...
The Norwegian Petroleum Directorate has announced a 4.4% increase in the estimated total recoverable resources offshore Norway to 14.2 billion cubic meters of oil equivalent, boosted by the inclusion of resources from among other things a ...
Inchcape Shipping Services supports offshore operations off the Southern Coast of Africa Thursday, Feb 13, 2014 Inchcape Shipping Services (ISS), the world’s leading maritime services provider, has secured a further significant ...
A new natural gas discovery in southeast Sichuan province - the single biggest ever - could ease domestic shortages in as little as a year and give China a stronger hand in energy negotiations with Russia, according to some experts. China ...
Tags: natural gas, domestic shortages
Africa's biggest oil producer seeks balance between its profits and benefits in emerging markets such as China As Nigeria's government prepares to implement the Petroleum Industry Bill that will provide "long-term" investment prospects, ...
Tags: oil producer, Mineral
The keel laying process for PETRONAS' first floating liquefied natural gas facility (PFLNG 1) has commenced this week, marking another significant milestone in the construction of the facility at the Daewoo Shipbuilding & Marine Engineering ...
Tags: Oil News, Gas News, Petronas, Floating LNG
Emco Wheaton Canada has stepped up its ability to supply a wide range of DRY-BREAK couplings after identifying a growing need due to increased shale gas discoveries on the continent. The organization is stocking its shelves with both Emco ...
Tags: Emco Wheaton Canada, DRY-BREAK couplings, shale gas discovery
China, the world's largest energy user, can maintain steady growth in annual oil and natural gas output beyond 2030, the Ministry of Land and Resources said on Wednesday. Crude oil and natural gas production in 2030 will be more than ...
Tags: Natural Gas, Oil Output